SmartBiz Loans Stock
SmartBiz Loans (www.smartbizloans.com) is a unique combination of an online SBA loan marketplace and a bank enabling technology platform.
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About SmartBiz Loans Stock
SmartBiz Loans is the #1 online SBA loan marketplace for small business loans. The intelligent technology platform makes applying for an SBA loan fast and easy while increasing the likelihood of approval for small businesses by matching the borrower with the SBA preferred lending bank most likely to fund their particular business. 90% to 95% of the loans SmartBiz refers to its bank partners get funded. Bank partners using the SmartBiz platform to originate and underwriter SBA loans in a compliant manner can also process these loans 70% to 90% more efficiently then before. Based in the financial district of San Francisco, SmartBiz Loans is privately held. The company was founded in 2009 by a team of experienced financial services entrepreneurs with backing from leading venture capital firms including Investor Growth Capital, Venrock, First Round Capital, Baseline Ventures, and SoftTech VC.
Funding History
January 2009 | $0 |
---|---|
July 2010 | $4.5M |
April 2011 | $11.5M |
January 2013 | $21.0M |
Management
CEO
Evan Singer
Co-founder and Product Management
Sean O'Malley
Press
lendacademy - Apr, 20 2022
Here are the Winners of the 2021 LendIt Fintech Industry Awardsbusinesswire - Mar, 2 2022
Tamara Bohlig Joins SmartBiz as Chief Marketing Officernewswire - Nov, 9 2020
Smarter Loans Delivers Record 3rd Quarter in Loan Originationbusinesswire - Nov, 28 2019
SmartBiz® Names SKATEYOGI, LLC 2019 SmallBiz of the Year to Celebrate Small Business Saturdaypymnts - Jun, 13 2018
Challenges Aplenty As The Identity Of The Entrepreneur Shifts