Fund-Ex Solutions Group Named Connecticut’s Top SBA 7(a) Export Lender for 2023

Finance

Dec 15

DAVIE, Fla., December 15, 2023 (VSNewsNetwork.com) - The U.S. Small Business Administration (SBA) Connecticut District Office has recognized Fund-Ex Solutions Group as the Top Export Loan Lender of the Year for the fiscal year 2023, which ended on September 30, according to the company. This marks the first time Fund-Ex Solutions Group has received this honor for its significant SBA lending volume in Connecticut, assisting small business owners in securing the capital needed for starting, growing, and expanding their businesses.

According to Fund-Ex Solutions Group, the company's efforts in the past year included deploying over $144 million in SBA-backed financing to various small and emerging businesses across the United States. This lending volume has placed Fund-Ex Solutions Group among the top 50 most active SBA lenders nationally and underscored its role as a critical resource for small business owners seeking capital for growth.

Catherine Marx, the District Director of the Connecticut District Office of the SBA, commented on the achievement: “We congratulate the Fund-Ex Solutions Group lending team for achieving Top Export Loan Lender of The Year. Our specialized export loans, supported through SBA’s Office of International Trade, help Connecticut small businesses go global — thereby, innovating, creating jobs, and positively impacting communities. Our small businesses are the engines of our economy and lending partners like Fund-Ex Solutions provide the rocket fuel for ongoing exporting initiatives.”

Fund-Ex Solutions Group, as an SBA Preferred Lender, has the delegated authority to process loan requests and make credit decisions swiftly, a capability highlighted by the company. This agility in underwriting is tailored to meet the immediate capital needs of small business owners.

Mark Schmidt, CEO of Fund-Ex Solutions Group, expressed his company's commitment: “Our goal has always been helping dedicated business owners accomplish their goals by securing financing promptly and smoothly. We feel honored and humbled to be recognized as Connecticut’s most prolific and trusted resource for SBA 7(a) International Trade Loans, and we look forward to continuing to foster local prosperity for all small business owners nationwide.”

Fund-Ex Solutions Group, a subsidiary of BHG Financial, is one of only 17 non-bank lending companies licensed by the SBA to offer 7(a) loans. The company is known for leveraging industry expertise, technology, and premium service to deliver personalized loan solutions.

For more information about Fund-Ex Solutions Group and their services, visit www.fundexsolutions.com.

Source: Fund-Ex Solutions Group via Newswire