Pinnacle Financial Partners Named No. 1 SBA Lender in Tennessee
The firm ranks among top lenders in North Carolina, South Carolina, and nationwide
Pinnacle Financial Partners has been recognized as the No. 1 Small Business Administration (SBA) lender in Tennessee, demonstrating its continued commitment to small businesses throughout the state. Additionally, Pinnacle ranks No. 4 in SBA lending in North Carolina, No. 7 in South Carolina and No. 43 across the country. This achievement highlights Pinnacle’s deep roots as a small business bank and its ongoing dedication to supporting entrepreneurs and business owners.
“Pinnacle was built to serve small businesses, and we are proud to continue that legacy,” said Daniel Crosby, director of SBA lending at Pinnacle. “We know the positive impact that small businesses have on local economies, driving job creation and growth. Being recognized among the top SBA lenders in these markets reflects our commitment to making the lending process easier and more efficient for our clients.”
As an SBA Preferred Lender, Pinnacle can expedite loan approvals and deliver smoother experiences for borrowers. Pinnacle clients often turn to SBA-backed loans to support strategic business needs, including acquisitions, partnership buyouts and owner-occupied commercial real estate purchases. These solutions are designed to help business owners achieve their goals while maintaining cash flow and protecting their working capital.
Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 11 on FORTUNE magazine’s 2024 list of 100 Best Companies to Work For® in the U.S., its eighth consecutive appearance and was recognized by American Banker as one of America’s Best Banks to Work For 11 years in a row and No. 1 among banks with more than $10 billion in assets in 2023.
Pinnacle Bank owns a 49 percent interest in Bankers Healthcare Group (BHG), which provides innovative, hassle-free financial solutions to healthcare practitioners and other professionals. Great Place to Work and FORTUNE ranked BHG No. 4 on its 2021 list of Best Workplaces in New York State in the small/medium business category.
The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $50.7 billion in assets as of September 30, 2024. As the second-largest bank holding company in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.
Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.
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