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iBusiness Funding Breaks Company Record with Over $100MM of SBA 7(a) Loans Processed and Funded in Q1 2024 through Lender Network – All about Money
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iBusiness Funding Breaks Company Record with Over $100MM of SBA 7(a) Loans Processed and Funded in Q1 2024 through Lender Network

Company credits Lending as a Service (LaaS) lender clients expanding their lending footprint and expanding into smaller dollar loans as a key contributor to this accomplishment.

FORT LAUDERDALE, Fla., April 16, 2024 /PRNewswire/ — iBusiness Funding, a trailblazer in SBA and business lending solutions, is proud to announce a record-setting quarter in Q1 2024, with $105 million in SBA 7(a) loans processed through their network of SBA authorized lenders. This milestone underscores the growing success of their Lending as a Service (LaaS) offering, powered through their proprietary LenderAI software. With this record-setting quarter paving the way, iBusiness Funding is now processing over $40MM monthly for their clients.