South End Capital Hits $100M Milestone in Subprime SBA Loan Closings

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Award-winning lender proves SBA loans aren’t just for A paper borrowers

SECC’s SBA clients often have credit in the 560 to 660 range and a unique business and/or special-purpose collateral

South End Capital Corporation (SECC) announced today it has surpassed $100M in subprime Small Business Administration (SBA) loan closings, demonstrating that SBA loans are not just for A paper small business owner borrowers.

According to SECC Managing Director Noah Grayson, “Most small business owners and business loan brokers believe that the SBA loan program is only for borrowers with high credit ratings in mainstream industries, who demonstrate consistent profitability over a long period. Yet this just isn’t the case.”

Grayson explained that SECC’s SBA clients often have credit in the 560 to 660 range and a unique business and/or special-purpose collateral (bowling alley, hotel, land, etc.). The typical client has been in business for less than five years, requires a high loan-to-value (up to 150%), may need to consolidate merchant cash advances or may be seeking unrestricted working capital.

“Often, borrowers shy away from SBA loans because they have heard the loans can require a great deal of paperwork and take a long time to close,” explained Grayson. “But we know the SBA process cold and can eliminate those concerns. For uncollateralized SBA loans under $350K, we can close in less than 30 days; for collateralized loans over $350K, we can close in less than 60 days. We streamline all the paperwork so our referral partners can focus on finding more loans and our borrowers can focus on running their businesses.

For more information or to apply for an SBA loan with SECC, please visit


Founded in 2009, South End Capital Corporation (SECC) is a nationwide, non-conforming lender (CA Finance Lenders License # 603 L334) providing commercial and investment-residential real estate loans, bridge loans, business loans, business lines of credit and merchant cash advance (MCA) consolidation loans.

SECC has been named “Best” and one of the “Top Ten Best” hard-money / bridge lenders in the US, respectively, by Fit Small Business and TopTenReviews. SECC offers easy online applications, excellent service, prompt responses, generous compensation to approved partners, and custom-tailored loans.

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Noah Grayson
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