Harvest

What Harvest does

Harvest Small Business Finance, LLC, operating as Harvest, is a non-bank commercial real estate lender headquartered in Laguna Hills, California, that originates SBA 7(a), SBA 504, and conventional loans to small businesses seeking owner-occupied commercial real estate financing. Founded in 2015 and beginning originations in July 2016 after acquiring SB Capital Assets (including one of only 14 active SBLC licenses from the SBA), the company holds Preferred Lender Program status allowing it to underwrite and guarantee SBA-backed loans without pre-submission to the SBA. The platform combines senior Business Development Officers (43 across 20 states as of the latest disclosure) with in-house underwriting, loan closing, servicing, and escrow functions, supported by a multi-channel capital markets program that has executed six securitizations through special purpose vehicles (Harvest SBA Loan Trust and Harvest Commercial Capital Loan Trust) and a $1 billion forward-flow partnership with Blackstone.

The company's product set centers on three loan programs: SBA 7(a) loans up to $5 million with up to 93% LTV and 25-year amortization; SBA 504 loans up to $10 million first trust deed (60% max LTV) and $5.5 million second trust deed (93% max LTV); and conventional non-SBA loans up to $10 million at 80% LTV. Pricing is quote-based on each transaction, with revenue generated through a combination of loan origination fees, net interest income on retained loan portions, recurring servicing fees on a portfolio exceeding $1.1 billion, and securitization-related fee and gain-on-sale economics. The company has originated over $3 billion in CRE loans across 1,146 transactions since 2016, with only 5 permanent defaults, and has ranked among the top 10 SBA 7(a) lenders nationally.

Harvest's go-to-market is a direct field sales model targeting SMB borrowers in food & beverage, hospitality, retail, manufacturing, and nonprofit segments who have been turned away by large, regional, or community banks. Distribution relies on senior BDOs with a minimum of 10 years of CRE lending experience building referral relationships with real estate brokers, CPAs, and other referral partners, supplemented by a website-driven inquiry funnel and LinkedIn/content marketing presence. Leadership is co-founder-led by Adam Seery (President) and Todd Massas (COO), with an executive bench drawn from SBA lending veterans across Bank of Yorba Linda, Lehman Brothers Small Business Finance, Plaza Bank, Opus Bank, and Sunwest Bank. The company is privately held with no external parent or disclosed PE/VC backing.

Name

Harvest

Legal name

Harvest Small Business Finance, LLC

Website

https://harvestsbf.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Harvest Small Business Finance is a non-bank SBA lender that originates SBA 7(a), SBA 504, and conventional loans for small businesses acquiring owner-occupied commercial real estate. It holds one of 14 active SBLC licenses, operates a 43-person BDO field force across 20 states, and has funded $3 billion+ in CRE loans since 2016.

Ownership category

akta.pro rank

Product category

Small Business Commercial Real Estate Lending

NAICS

Other Nondepository Credit Intermediation (52229), Sales Financing (52222)

SIC

Mortgage Bankers & Loan Correspondents (6162), Miscellaneous Business Credit Institution (6159)

akta.pro industry

PRIMARYFSAKAGAI

SBA/Government-Backed & Development Finance Loans

Financial & Insurance/Lending & Consumer Finance/Small Business & Microenterprise Lending

SECONDARYFSAKAGAB

SME Term Loans & Growth Capital

Financial & Insurance/Lending & Consumer Finance/Small Business & Microenterprise Lending

Keywords

• SBA 7(a) loans
• SBA 504 loans
• Commercial real estate lending
• Small business financing
• Non-bank SBA lender

Headquarters

HQ city

Laguna Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. SBA 7(a) Loan Origination: Harvest originates SBA 7(a) loans backed by first-lien, owner-occupied, multi-purpose commercial real estate. The company holds one of only 14 SBLC licenses issued by the SBA that allow non-banks to originate SBA 7(a) loans. Revenue generated through interest income and loan origination fees.
2. Loan Securitization: Harvest securitizes the unguaranteed portions of SBA 7(a) loans and SBA 504/conventional loans through special purpose vehicles like Harvest SBA Loan Trust and Harvest Commercial Capital Loan Trust. Generates fee income and allows for capital recycling.
3. Loan Servicing: Harvest services its loan portfolio, currently with a servicing portfolio in excess of $1.1 billion. Generates recurring servicing fee income.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Harvest Small Business Finance is a premier non-bank SBA lender that originates SBA 7(a), SBA 504, and conventional commercial real estate loans to small business owners nationwide. The company targets borrowers who have been traditionally overlooked by large, regional, and community banks, providing financing for owner-occupied commercial properties (office, industrial, retail) through a network of Business Development Officers, while also operating a securitization platform for the unguaranteed portions of its SBA loans.

Product overview

Harvest offers a unified small business lending platform centered on SBA 7(a), SBA 504, and Conventional commercial real estate financing products. The core offerings include SBA 7(a) loans (up to $5M, 93% LTV, 25-year terms), SBA 504 loans (up to $18M combined, fixed rates), and Conventional loans (up to $10M, 80% LTV). Complementing its lending products, Harvest provides securitization services through its SBA Loan Trust and Commercial Capital Loan Trust series, enabling capital markets access for its loan portfolios. Escrow services round out the platform for transaction closing support. The company operates as a non-bank SBA lender with Preferred Lender Program status, having originated approximately $1.4 billion in SBA 7(a) loans since July 2016.

Differentiator

Problem solved

Functional benefit

Products and services

• SBA 7(a) Loans
• SBA 504 Loans
• Conventional Commercial Real Estate Loans
• SBA 7(a) Securitization
• SBA 504 and Conventional Loan Securitization
• Escrow Services

Quantifiable outcome

• Only 5 permanent defaults out of 1,146 loans originated since July 2016
• +3 more outcomes

Named customers10 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• TMC FinancingcoreChannel Partner/ Reseller/ DistributorPartnered with Harvest Bank as certified development company facilitating SBA 504 loans. TMC Financing served as the CDC enabling Gorges Beer Co. to refinance high-cost debt through the SBA 504 program.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Guidant Financial: Guidant Financial specializes in SBA 7(a) and 504 loan origination for small business owners and franchisees, partially comparable to Harvest as a non-bank SBA lender, but with a focus on franchise financing and rollovers-as-startup funding.
• Fundbox: Fundbox is a fintech-enabled small business working capital and credit provider, partially comparable to Harvest as a non-bank small business lender, but with a technology-platform model and shorter-term, smaller-ticket credit products rather than owner-occupied CRE SBA loans.

Broad incumbents

• Byline Bank: Byline Bank is a top-10 SBA 7(a) lender nationally with deep expertise in small business lending, comparable to Harvest in SBA 7(a) product focus and small business borrower target, but operating as a chartered commercial bank with a broader deposit-funded balance sheet.
• TD Bank (SBA Lending): TD Bank operates a large SBA lending program targeting small business borrowers, comparable to Harvest in SBA product offering and target market, but as a major chartered commercial bank with a full suite of deposit and lending products.
• Citizens Bank (SBA Lending Division): A large national bank with a substantial SBA 7(a) lending program serving small businesses, comparable to Harvest in product offering (SBA 7(a) and 504 lending) but operating as a depository institution with a much broader commercial banking franchise.

Direct peers

• Kapitus: Kapitus is a non-bank small business financing provider offering SBA loans, working capital, and equipment financing, directly comparable to Harvest as a non-bank alternative lender serving small businesses with SBA and commercial credit products.
• Live Oak Banking Company: Live Oak Bank is the largest SBA 7(a) lender in the United States by volume, directly comparable to Harvest as a non-bank-focused, small business CRE and SBA lending specialist with a technology-driven origination platform and similar target market.
• Benworth Capital Partners: Benworth Capital Partners is a non-bank private lender specializing in commercial real estate bridge and SBA loans for small business owners, directly comparable to Harvest as a similarly focused, non-bank CRE and SBA lender serving the small business segment.
• Balboa Capital: Balboa Capital is a non-bank direct lender offering SBA loans, equipment financing, and commercial lending to small and mid-sized businesses, directly comparable to Harvest in non-bank status, SBA product offering, and small business borrower focus.
• Newtek Business Services (NewtekOne): NewtekOne is a leading non-bank SBA 7(a) lender with an SBLC license and a broad portfolio of small business lending products, directly comparable to Harvest as a similarly structured, publicly-traded alternative asset lender specializing in SBA lending and small business financial services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/harvest-small-business-finance-llc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Harvest