BUSINESS STRATEGY

Sunflower Bank Partnerships with SmartBiz to Launch a New Lending Online Platform

SmartBiz | January 20, 2023 | Read time : 02:06 min

Sunflower Bank Partnerships with SmartBiz to Launch a New

On January 19, 2023, Sunflower Bank, N.A., announced the start of a new small business lending platform in collaboration with SmartBiz, the renowned artificial intelligence-powered small business financing platform. Through this new end-to-end online portal, small businesses within Sunflower Bank, N.A.'s branch network, will now have access to a smoother process to apply for conventional small business loans ranging from $25,000 to $350,000. Express Line loan products and small Business Administration (SBA) 7(a) will be accessible beginning in the second quarter of 2023.

Sunflower Bank provides financial solutions to the individual communities it serves. It offers a comprehensive array of banking services, including personal, small business, commercial, wealth management, credit cards, and mortgages. By utilizing SmartBiz's cutting-edge technology and seasoned small company loan specialists, Sunflower Bank, N.A. has increased efficiency and personalized assistance throughout the loan application and approval process.

Managing Director of Business Banking and SBA at Sunflower Bank, N.A., Matt Fitch stated, “SmartBiz aligns with our relationship banking approach, as well as our ambitious growth plans through its combination of technology and live support,” He further added “We are very excited to be able to meet the needs of more small business customers together and look forward to a long and productive partnership.”

(Source – Business Wire)

“Our mission at SmartBiz is to equip every entrepreneur with reliable access to the capital they need. We are thrilled to partner with Sunflower Bank, N.A. to ensure their clients can grow and strengthen their businesses with the right capital at the right time,” commented SmartBiz CEO Evan Singer.

(Source – Business Wire)

About SmartBiz

Headquartered in San Francisco and Austin, SmartBiz is a leading AI-powered small business financing platform, providing entrepreneurs access to the appropriate capital at the right time. It has connected borrowers with more than $9 billion in SBA 7(a), PPP, and bank term loans to date, all while enhancing efficiency for its network of banks and reliable lending partners. More than 230,000 entrepreneurs have used its platform to get the financing they need to develop, with 60% of the loans given to minority, women, or veteran-owned businesses. It is backed by Investor including Growth Capital, Venrock, Baseline Ventures, First Round Capital and Uncork Capital. In addition, it has been crowned American Banker's Best Fintech to work for on multiple occasions.

Spotlight

So what exactly is an SBA loan and how is it different from the traditional financing you would receive from a bank? There are a a few main reasons why SBA financing is the best option for small business owners. As the leading national, non-bank, direct commercial lender in the U.S.A, FountainheadCC specializes in helping owners of small to mid-size businesses finance their growth through our SBA 504, SBA 7(a), and low LTV conventional loan programs.

Spotlight

So what exactly is an SBA loan and how is it different from the traditional financing you would receive from a bank? There are a a few main reasons why SBA financing is the best option for small business owners. As the leading national, non-bank, direct commercial lender in the U.S.A, FountainheadCC specializes in helping owners of small to mid-size businesses finance their growth through our SBA 504, SBA 7(a), and low LTV conventional loan programs.

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