44 Business Capital Continues as Number One Volume SBA Lender in the Philadelphia District for 2012
44 Business Capital LLC continues as the top SBA lender by dollar volume in the Philadelphia District of the U.S. Small Business Administration for FY 2012 according to the recently released loan volume report from the Philadelphia District of the SBA. In 2012, 44 Business Capital extended 22 loans for $33,556,000 to small businesses in the region.
44 Business Capital, headquartered in Blue Bell, Pennsylvania is a direct lender leveraging the U.S. Small Business Administration’s 7a loan program giving small businesses greater access to capital. Recent loans range from $500,000 to $5,000,000 providing financing for debt restructuring, real estate and business acquisitions.
Greg Poehlmann, 44 Business Capital President said “This year 44 Business Capital continues to build a quality loan portfolio by penetrating its existing markets and prudently entering new ones.” According to Poehlmann, “2012 saw us expand our footprint to the DELMARVA region.” “We are excited about the opportunity this particular market presents.” said Poehlmann. “Demographically speaking, our research shows it has similar characteristics to the Philadelphia market. “We continue to see small business borrowers struggle to get access to capital.” said Poehlmann.
44 Business Capital is a preferred SBA direct lender serving Philadelphia, Pennsylvania, New Jersey, Delaware, Baltimore MD, Northern VA, Washington DC, and Florida. For further information, please contact 44 Business Capital at 215.985.4400 or online at 44businesscapital.com. The main office is located in Montgomery County at 1787 Sentry Parkway West, Suite 210 Building 16, Blue Bell, PA, 19422. 44 Business Capital is also an approved SBA direct lender in South Florida with an office in Kissimmee, Florida.
Contact: Greg Poehlmann, President 44 Business Capital LLC 215.985.4400 ext. 229
Resources: www.44businesscapital.com/business-loan-story-view-all.php