LEVERAGE, the League of Southeastern Credit Unions' service corporation, announced Monday it formed a new subsidiary to help credit unions offer Small Business Administration-guaranteed loans.

The company formed LEVERAGE Business Lending through a partnership with the Chattanooga, Tenn.-based Capital Growth Solutions, a highly experienced SBA lender according to LEVERAGE COO Lisa Burroughs.

Has your credit union considered participating in SBA 7(a) loan program?
Yes. The SBA has already authorized us. No. The rules were too restrictive. No. We have not decided to offer MBLs. No. We don't know enough about them. Other Please Specify:

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Lending