Small Business Lending Platform Launched by Sunflower Bank with Assistance from Smartbiz

Sunflower Bank, N.A. announced the launch of a new small business lending platform in partnership with SmartBiz, the AI-powered small business financing platform.

Through a new end-to-end online portal, small businesses in Sunflower Bank, N.A.’s branch footprint now “have access to a streamlined process to apply for conventional small business loans from $25,000-$350,000.”

Small Business Administration (SBA) 7(a) and Express Line loan products “will be available beginning in second quarter 2023.”

Matt Fitch, Managing Director of Business Banking and SBA at Sunflower Bank, N.A., said:

“SmartBiz aligns with our relationship banking approach, as well as our ambitious growth plans through its combination of technology and live support. 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.”

SmartBiz CEO Evan Singer said:

“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.”

Sunflower Bank, N.A. operates “as Sunflower Bank and First National 1870 with 65 branches throughout Arizona, Colorado, Kansas, New Mexico, and Texas.”

By leveraging the leading-edge technology and experienced small business loan specialists available from SmartBiz, Sunflower Bank, N.A. has “added efficiency along with individualized support throughout the entire loan application and approval process.”

Operating as Sunflower Bank, First National 1870 and Guardian Mortgage, Sunflower Bank, N.A. “provides financial solutions to the individual communities it serves.”

With $7.1 billion in assets as of September 30, 2022, headquarters in Denver, bank locations in five states, and mortgage capabilities in more than 40 states, Sunflower Bank, N.A. provides a full range “of relationship-focused services to meet personal, business and wealth management financial objectives.”

Member FDIC. Equal Housing Lender. First National 1870 and Guardian Mortgage “are divisions of Sunflower Bank, N.A.”

As noted in the update, SmartBiz claims it is “the leading AI-powered small business financing platform equipping entrepreneurs with access to the right capital at the right time.”

To date, SmartBiz has “connected borrowers with more than $9 billion in financing while increasing efficiency for its network of banks and trusted lending partners.”

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