Byline Bank is proud to announce it topped the charts for SBA lending in four categories at the close of the Small Business Administration’s (SBA) 2022 fiscal year. Byline Bank was named No. 1 SBA 7(a) lender in Illinois by dollar volume by the Illinois District Office of the SBA, a ranking Byline has held for 13 straight years. Byline Bank’s Illinois SBA-backed loans totaled $106.2 million in FY2022. Nationally, Byline Bank ranked fifth for SBA 7(a) loan dollar volume in FY2022, with loans totaling $422.6 million.
Designated by the SBA as an SBA Preferred Lender, Byline also ranked first in Wisconsin for SBA 7(a) loan dollar volume in FY2022 by the Wisconsin District Office of the SBA for the eighth year in a row, with loans totaling $33.7 million. Byline again received the unique distinction of being named the No. 1 International Trade Loan (ITL) Lender nationally, providing SBA-backed export financing loans to small businesses. Of note, Byline was ranked among the top 10 SBA 7(a) lenders by loan dollar volume in Colorado and Michigan.
“Byline continues to support small businesses throughout the country, and locally in Illinois and Wisconsin. We’re proud to provide financing for businesses that are the backbone of America,” said Tom Abraham, President, Small Business Capital, the SBA lending division of Byline Bank. “This recognition highlights the hard work of our experienced teams who invest in our communities, providing exceptional customer service and establishing our status as a true relationship bank.”
About Small Business Capital
Byline Bank’s Small Business Capital team specializes in government guaranteed lending and provides SBA lending services throughout the country, with a primary focus on the Midwest, Tennessee, Florida, Texas, Colorado, Utah and California. Distinguished by the SBA as an SBA Preferred Lender, Byline Bank is a top 5 SBA lender in the nation and is the No. 1 SBA lender in Illinois and Wisconsin. Byline Small Business Capital also specializes in USDA lending across the country.