After just two years of offering SBA loans, USAmeriBank also now ranks among the nation’s leaders
CLEARWATER, Fla. (October 30, 2013) — A new ranking of Small Business Administration (SBA) 7(a) lenders of all sizes lists USAmeriBank as the leading Tampa Bay-based lending institution for SBA 7(a) loans in fiscal year 2013.
As of September 30, USAmeriBank had $26.6 million in SBA loans approved since September 2012, placing it above all Tampa Bay-based banks, and at No. 5 in the SBA’s South Florida district, which includes 116 SBA lenders.
USAmeriBank has grown its SBA lending quickly since making its first SBA loan in September 2011, with the loan volume in fiscal year 2013 roughly doubling the volume of the previous year. The bank now ranks among the nation’s leaders in SBA lending: For fiscal year 2013, USAmeriBank ranks 95th out of 2,345 SBA lenders nationally, based on its dollar volume of loans.
“We continue to see major opportunities for helping growing businesses with SBA loans as the economy continues to improve,” said Chris Kneer, Senior Vice President and Business Banking Manager of USAmeriBank, who runs the bank’s SBA program.
USAmeriBank’s success in SBA lending is tied to the deep experience of its team members. “We are able to move quickly and efficiently because we aren’t building our knowledge from scratch,” said Karen Bricken, USAmeriBank’s SBA Administrator. “Every business’ situation is different, so we tailor our efforts to their specific needs.”
Further information on USAmeriBank’s SBA banking programs is available at: http://www.usameribank.com/sba-lending.asp.
USAmeriBank is an independent, non-public bank based in Clearwater, Fla. that has established itself as an outstanding middle-market financial institution. The bank serves the needs of individuals and businesses in the Tampa Bay area by providing a high-level of personalized service and attention to a targeted customer base. USAmeriBank’s parent company is USAmeriBancorp, Inc. More information is available at www.USAmeriBank.com.