Beacon Bank & Trust (44 Business Capital)
At a Glance
An active Northeast acquisition lender hiding behind a second brand; worth a call if you want a deal without covenants.
- Pricing
- Custom Pricing, Loan products, no fee to engage. No rates or fees are published. The division's own loan stories run from about $320,000 to $11.8M, and it describes pairing a 7(a) with a conventional loan for deals above the SBA ceiling. Its average change-of-ownership loan in the federal file is about $1.7M. Confirm current terms directly.
- Best For
- A buyer in the Northeast or the division's other office states who wants an active acquisition lender and would rather not carry loan covenants
- In the Federal File
- 90 change-of-ownership loans in FY2025, 9th most in the country, averaging $1.7M each, at an average initial rate of 8.21%. Computed from the SBA's own loan-level data, not from anything the lender publishes.
- Roadmap Stages
- 2. Set Up & Fund the Search5. Diligence & Close the Deal
Pros and Cons
Pros
- Wrote 90 change-of-ownership loans in FY2025 averaging about $1.7M, and appears in eight states' top five acquisition lenders, computed here from the SBA's own loan file
- States plainly that it lends without loan covenants, which is a term most buyers only discover at the term sheet
- Names expanding or purchasing a business as an eligible use, and describes pairing the 7(a) with a conventional loan for deals above the SBA ceiling
- Over $2B of 7(a) originations in sixteen years through the division, so the acquisition experience is not new
- Offices in ten states across the Northeast, Mid-Atlantic, Colorado, Georgia, and Florida
Cons
- The SBA lending is branded as 44 Business Capital rather than as the bank, so a buyer searching the bank's name may never find the lending arm
- The parent completed a merger of equals in late 2025 and the bank brand is new, so names and contacts may still be settling
- Preferred Lender status appears only inside a client testimonial rather than as a stated designation, which is worth confirming on the first call
- Publishes no rates or fees
- No searcher-community footprint we could verify, so there is no practitioner account of how it handles a search-fund file
What Searchers Say
Loan counts, the average deal, and the state appearances are computed here from the SBA 7(a) loan-level file. The division relationship, origination history, named uses, the no-covenants claim, and the office footprint are from 44 Business Capital's own site. Preferred Lender status is reported as unconfirmed because the site states it only in a testimonial.
Put It to Work
The Lender Match fit page lays out this lender's fit and how to approach it.