SBA lenders
Byline Bank (SBA)
Byline Bank is a Chicago community and commercial bank offering personal banking, business banking, commercial banking and wealth management. Its Small Business Capital division originates SBA 7(a) and SBA 504 loans, and the bank states it has been Illinois's top SBA 7(a) lender for 15 consecutive years.
The bank splits its commercial work by size: business banking serves companies with annual revenue up to $10 million, while commercial banking covers enterprises above $10 million with commercial real estate lending, asset-based lending, equipment financing, premium finance lending, sponsor finance and treasury and cash management. Wealth management adds financial planning, asset management, trust services and retirement plans.
Byline traces its history to 1914; the Byline Bank name dates from a 2015 renaming that united several local community bank brands under one Chicagoland identity. The bank is Member FDIC and an SBA Preferred Lender, lists NMLS# 585435 and routing number 071001533, and notes that its national SBA ranking comes from the U.S. Small Business Administration by volume for FY2025.
The crawled pages describe the bank's product lines but publish no SBA loan sizes, rates, eligible property types or geographic limits for SBA lending. Confirm directly whether the bank will lend on your asset type and location before building a timeline around it.
Best for
Owner-operators and investors who want an SBA 7(a) or 504 loan from a bank with a large SBA desk, and Chicago-area businesses seeking a local commercial banking relationship. Not a fit for borrowers who need published rates or terms up front.
What they do
- SBA 7(a) loans
- SBA 504 loans
- Commercial real estate loans
- Asset-based lending
- Equipment financing
- Premium finance lending
- Business loans and lines of credit
- Treasury and cash management
- Wealth management and trust services
Details
| Attribute | Value |
|---|---|
| Founded | 1914 |
| Licenses | NMLS# 585435, SBA Preferred Lender, Member FDIC |
| Lender type | Bank, SBA |
| Recourse | Recourse |
What stands out
- States it has been Illinois's top SBA 7(a) lender for 15 consecutive years.
- Traces its banking history to 1914; the Byline Bank name dates from a 2015 renaming of several local community bank brands.
- Member FDIC and an SBA Preferred Lender, NMLS# 585435, routing number 071001533.
- Commercial banking targets enterprises with more than $10 million in annual revenue; business banking serves those under $10 million.