The Small Business Loan Program introduces a new financial technology platform that allows small businesses to access an online portal that will guide each small business customer to the products that best meet its unique need. This program is designed to enable banks to address the challenges of underwriting small businesses by providing a simplified and streamlined borrowing experience. Flushing Banks small business customers now have the ability to apply online by visiting flushingbank.com/small-business-loans and may receive approval in as little as one to three business day. John R. Buran, President and Chief Executive Officer, stated: We have been serving the small business market for over ten years. Our participation in the Small Business Loan Program allows us to expand our offering to better serve the rapidly evolving small business lending market. Fundation provides credit for working capital and expansion purposes to a wide array of businesses nationally. Unlike most non-bank lenders, Fundations products are conventional loan products but using its best-in-class technology platform, Fundation makes the process for applying for credit an extremely efficient and customer friendly process. Sam Graziano, CEO of Fundation, said, We are invested in driving the success of small business owners and partnering with Flushing Bank to do just that. The program we have created with our partner BancAlliance is unmatched within the industry, empowering community banks like Flushing Bank to serve their small business customer base and their local communities in an unparalleled way. Brian Graham, CEO of BancAlliance, stated: Our commitment is to the asset growth and diversification of the community banks we serve with a focus on expanding their relevance to their customers. This unique partnership with Fundation puts community banks at the forefront to be competitive with larger lending institutions without changing the traditional mission of community banking. About Flushing Financial Corporation Flushing Financial Corporation ( FFIC ) is the holding company for Flushing Bank, a New York State-chartered commercial bank insured by the Federal Deposit Insurance Corporation. The Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, and cash management services through its 19 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. As a leader in real estate lending, the Banks experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area.
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