We are delighted to share two acknowledgements we received from the SBA.
Capital Access Group was ranked the #1 SBA 504 lender in the South Bay Area for the first quarter of fiscal year 2015. We provided SBA 504 loans to 16 South Bay businesses worth $23.3 million in the first quarter of fiscal year 2015. Our lending made up 34.3% of total market share in the South Bay region during this period for loans approved in Santa Clara, San Mateo, and Santa Cruz counties.
We were also recognized as the Bay Area’s fastest CDC (Certified Development Company) for turnaround time on loan approvals. Capital Access Group’s average turnaround time for loan approvals was 5.8 days—41 percent faster than the average turnaround time of 9.9 days.
“We’re especially proud of our fast turnaround time,” said Jacklyn Jordan, President/CEO. “Our team of experts is able to get loans approved more than four days faster than the regional average, and four days is a long time when you’re a small business owner purchasing a building in this highly competitive market.”
Call us today to learn how you can get pre-qualified in 24 hours at no charge.