M&T Named As A Top SBA Lender
M&T Bank continues its leadership in small businesses lending, ranking No. 7 nationally and No. 1 in many of its major communities for the U.S. Small Business Administration’s (SBA) fiscal year 2019.
Over the course of the year, M&T Bank extended 1,449 loans for a total of $178.8 million, which is up from 1,403 SBA loans for $172.6 million in 2018. M&T Bank has been one of the top 10 most active SBA lenders in the U.S. for the past 11 years.
“Our support of small business owners is unwavering, and our consistent top ten ranking demonstrates that commitment,” said Eric Feldstein, head of business banking at M&T Bank. “We’ve long been a proud partner with the SBA to offer a range of lending solutions to help small businesses grow and prosper in their local communities.”
M&T Bank provides a wide range of credit solutions to small businesses, ranging from conventional loans to SBA loans and other government-sponsored lending programs.
For more information on M&T’s small business products and services, visit mtb.com/business. For additional information on SBA programs, sba.gov.