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-0.00084139671855278 -0.000420698359276315 0.000841396718552929 0.00168279343710571 0.00168279343710571 0.00631047538914607 0.014724442574674 0.0176693310896088
Stock impact report

North Avenue Capital Expands Small Business Lending Nationwide with SBA 7(a) Loans

Veritex Holdings, Inc. (VBTX) 
Last veritex holdings, inc. earnings: 4/28 04:41 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.veritexbank.com
Company Research Source: GlobeNewswire
PONTE VEDRA, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- North Avenue Capital, a leader in innovative financing solutions for rural America, is making a significant addition to its lending products thereby extending its reach into urban and suburban communities. As of July 1, 2024, North Avenue Capital is now offering SBA 7(a) loans nationwide, doubling down on its government-guaranteed lending expertise while broadening its service to small businesses beyond rural America. For the past decade, North Avenue Capital has partnered with the USDA to support rural communities with strategic financial support in the form of USDA OneRD loans. After closing nearly $1 billion in small business loans for rural communities, NAC is extending its expertise to SBA 7(a) loans in amounts of $500,000 to $5 million. This move reflects North Avenue Capital's dedication to enhancing opportunities for small businesses across the country.North Avenue Capital is excited to launch into the SBA 7(a) lending s Show less Read more
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