
Banesco USA acquires SBA lending business from BayFirst Financial
Banesco USA has acquired BayFirst Financial’s SBA lending business, gaining roughly $95M in SBA loan balances, servicing rights, and a 50-person lending team. The move marks Banesco’s entry into nationwide SBA lending and positions the Miami-based bank as an emerging player in small business finance across the U.S., Puerto Rico, and Florida.






