# Beacon Bank & Trust (44 Business Capital)

Its SBA arm trades under another name.

A New England and Mid-Atlantic bank whose SBA lending runs under a separately branded division, 44 Business Capital, which has originated over $2B of 7(a) loans in sixteen years, names purchasing a business as an eligible use, and states it lends without loan covenants.

- Category: SBA & Acquisition Lenders
- Pricing model: Custom Pricing
- Where it fits: Set Up & Fund the Search, Diligence & Close the Deal
- Website: https://www.44businesscapital.com/

## At a Glance

An active Northeast acquisition lender hiding behind a second brand; worth a call if you want a deal without covenants.

## What It Costs

Loan products, no fee to engage. No rates or fees are published. Its About page states the over-cap structure: for loans over $5M it may pair an SBA 7(a) with a conventional loan of up to $5M, up to $10M in total. The division's own loan stories run from about $320,000 to $11.8M. 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](https://searchspheresource.com/glossary/loan-covenants)

## Pros and Cons

- Pro: Wrote 90 [change-of-ownership](https://searchspheresource.com/glossary/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
- Pro: States plainly that it lends without loan covenants, which is a term most buyers only discover at the [term sheet](https://searchspheresource.com/glossary/term-sheet)
- Pro: Names expanding or purchasing a business as an eligible use, and describes pairing the [7(a)](https://searchspheresource.com/glossary/sba-7a) with a conventional loan for deals above the SBA ceiling
- Pro: Over $2B of 7(a) originations in sixteen years through the division, so the acquisition experience is not new
- Pro: Offices in ten states across the Northeast, Mid-Atlantic, Colorado, Georgia, and Florida
- Con: 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
- Con: The parent completed a merger of equals in late 2025 and the bank brand is new, so names and contacts may still be settling
- Con: [Preferred Lender](https://searchspheresource.com/glossary/preferred-lender-program) status appears only inside a client testimonial rather than as a stated designation, which is worth confirming on the first call
- Con: Publishes no rates or fees
- Con: No Searchfunder or Reddit thread discusses the lender, so there is no practitioner account of how it handles a [search-fund](https://searchspheresource.com/glossary/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.

## Compared With

- How much will a bank put up above the SBA cap? (https://searchspheresource.com/resources/compare/beacon-bank-44-business-capital-vs-us-bank.md)

## Sources

- https://www.44businesscapital.com/
- https://www.44businesscapital.com/about-44-business-capital.php

Also on this site: https://searchspheresource.com/resources/category/lender.md
Source: https://searchspheresource.com/resources/beacon-bank-44-business-capital
Last checked: 2026-07-28

Site index for machines: https://searchspheresource.com/llms.txt