We are thrilled to announce that Capital Access Group was ranked as the top SBA 504 lender in the San Francisco region for the first quarter of fiscal year 2017. We’re also the only CDC in the region to increase lending over the same period in 2016.
Capital Access provided a total of $26,728,000 in SBA 504 loans for the first quarter of fiscal year 2017, based on the SBA San Francisco District Office fiscal year 2017 1st quarter 504 lender rankings, which measured CDC loans from 10/1/16 to 12/31/16. Within the region, Capital Access Group was the top lender in Alameda, Santa Clara, and Santa Cruz counties.
Capital Access was also the only Bay Area CDC to experience an increase in lending over Q1 2016 results. Our loan volume increased by 35% and the number of loans increased by 29%.
“This is wonderful news and an exciting way to start the year,” said Jacklyn Jordan, President/CEO. “We are proud to help our small business clients secure the financing they need to buy buildings to grow their businesses, which creates job, stimulates economic development, and strengthens communities.”