Byline Bank Announces Over $30MM In Asset-Based Lending Commitments

Chicago, IL, November 14, 2022:  Byline Bank recently announced year to date funding transactions of over $30MM in commitments by their Asset Based Lending team, according to ABL Head Andrew Bennett.  “We’re honored to have the opportunity to support the growth and financial wellness of businesses who want to maximize their borrowing capacity,” said Bennett.  “We work hard to close the loans as effectively as possible, and with local decision makers at Byline, we can move through approvals quickly. Our team’s extensive experience really makes a difference.” 

Byline Bank is a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $7.3 billion in assets and operates more than 30 full service branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and retail banking products and services including small ticket equipment leasing solutions and is one of the top five Small Business Administration lenders in the United States.

Member FDIC. Equal Housing Lender. National SBA ranking by the U.S. Small Business Administration by volume FY2021.