Harvest’s small business loans raise $93.1 million in ABS
The 306 loans are primarily first-lien, small balance business loans secured by commercial real estate properties, and other collateral related to the mortgage property.
Small business lending
OnDeck prepares to raise $500 million from small business loan pool
ODAS IV 2026-1 will issue expandable term notes, so that at any time during the revolving period the issuer can periodically upsize the notes to a maximum of $626 million.
Byzfunder’s business capital financings support $165 million in ABS
A revolving pool of business loans and merchant advances secures the deal, and the revolving period ends on May 31, 2029, about 36 months after the initial closing date.
Dems say SBA left businesses vulnerable to ‘predatory’ financing
Sens. Ed Markey and Ron Wyden argue that the Small Business Administration neglected to warn small firms of the risks of merchant cash advances and closed off a key "escape route" from the resulting debts.
Merchant financing from Kapitus backs a $150 million ABS
Kapitus funds receivables through two revolving securitizations totaling $575 million, and a $230.1 million warehouse line of credit from Truist, which matures in June 2027.
CFPB finalizes a scaled-back small-business lending rule
The Consumer Financial Protection Bureau finalized a new version of a small-business lending rule that took 17 years to get over the finish line. Banks are still lobbying for the rule to be repealed.
Dems in Congress sharpen criticism of SBA immigration rules
Democratic senators are attributing a recent decline in lending activity to a Trump administration regulation that puts new restrictions on borrowers with foreign ownership.
Live Oak, U.S. Bank among big gainers as SBA lending spikes
A number of banks experienced major increases in 7(a) lending activity during SBA's recently completed fiscal year, as program-wide loan volume topped $37 billion for the first time.
World Bank sells $510 million of bonds backed by loans to companies in developing markets
The development bank's finance arm has bundled up exposures in loans it made to 57 companies across regions like Eastern Europe, South America and Asia, in a first for the bank.
Philadelphia-area credit union seizes on SBA for relevance
Citadel Credit Union is joining the small cadre of credit unions active in the Small Business Administration's biggest loan program as it seeks to expand in its small-business-rich footprint.
Fed’s Barr warns of long and lasting supply chain disruption
Federal Reserve Gov. Michael Barr said tariffs could have an outsize impact on small businesses and hardships could outlive the trade policy debate.
Kapitus Asset Securitization set to raise $250 million
At any point during the revolving period, the issuer might upsize the current notes to a $500 million limit.
Newtek’s small business loans support $184 million in ABS
When the deal closes, NALP Asset Backed Securities will deposit $32.1 million in the prefunding account to purchase additional loans.
Harvest Commercial Capital sells $264.5 million in CRE mortgages
Small-balance commercial mortgages, SBA 504 and investor loans, all first-lien, make up the collateral pool.
SBA loan sizes keep falling as banks lean into small-dollar lending
The average size of a Small Business Administration 7(a) loan has fallen to just over $400,000, a level last reached in 2017, according to agency statistics.
Janus’ acquisition of VPC seen as latest in M&A trend
Asset manager-led transactions targeting asset-based finance (ABF) gained momentum following the regional banking crisis, which are typically the go-to for consumer and small business loans.
CFPB extends compliance deadline for small-business lending rule
The Consumer Financial Protection Bureau extended the deadline for lenders with the highest volume of small-business loans to July 18, 2025, and will not assess penalties for reporting errors for a year.
Bankers, investors look past shaky near-term conditions and see growth
Bank stocks are up this year as interest rates have leveled off and there are hopes that pressure on lenders' profits could moderate.
New Bank of America platform connects small businesses with CDFIs
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
Brex returns to raise $260 million in notes backed by revenues from business charge cards
The top three industries includes software, healthcare and software development, accounting for 18.45%, 7.89% and 5.12%, respectively.
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