# SmartBiz

> SmartBiz Bank, N.A. combines a national bank with a digital small-business lending platform. It offers SBA 7(a) financing directly and through a lender network, alongside partner-provided term loans and lines of credit. SmartBiz began serving small businesses in 2013 and became a bank through its March 2025 acquisition of Centrust Bank.

- **Founded:** 2013
- **Headquarters:** Northbrook, United States
- **Founders:** Ryan Gilbert (Co-founder of predecessor BillFloat), Sean O’Malley (Co-founder of predecessor BillFloat)
- **Products:** SBA 7(a) working-capital and debt-refinancing loans, Bank term loans, Business line of credit, Loan origination platform, Centrust community banking
- **Notable:** Became a nationally chartered bank through the March 2025 acquisition of Centrust Bank., Reports $9 billion in capital delivered and more than 230,000 business owners funded over its lending-platform history., Named Top Small Business Lending Platform by LendIt Fintech in 2022, as reported in Sunflower Bank’s partnership announcement.

## Products & services

- **SBA 7(a) working-capital and debt-refinancing loans** — Current advertised range of $50,000-$350,000 with ten-year repayment terms and variable rates. Loans can be made directly by SmartBiz Bank or by lenders in its network. Requires credit approval and SBA eligibility.
- **Bank term loans** — Loans through the lender network, advertised at $50,000-$300,000, fixed rates and repayment periods of two to five years.
- **Business line of credit** — Bank-partner revolving financing advertised at $50,000-$100,000, with a 24-month draw period, 36-month repayment terms and no draw fees.
- **Loan origination platform** — Technology and specialist support for partner banks to process small-business lending applications. Sunflower Bank launched a platform using SmartBiz in January 2023.
- **Centrust community banking** — Centrust continues as a division of SmartBiz Bank, offering deposit, lending and online banking services in the Chicago area.

## Achievements

- Became a nationally chartered bank through the March 2025 acquisition of Centrust Bank.
- Reports $9 billion in capital delivered and more than 230,000 business owners funded over its lending-platform history.
- Named Top Small Business Lending Platform by LendIt Fintech in 2022, as reported in Sunflower Bank’s partnership announcement.
- Announced SBA South Florida Bronze Tier recognition in March 2026.

## Latest updates

- **2026-05** — Released its second annual State of Small Business: Industry Pulse survey; the announcement identifies Gerard Buccino as CEO and CFO.
- **2026-04** — Announced SBA lending recognition in Wisconsin for its Centrust division.
- **2026-03** — Announced an SBA South Florida Bronze Tier Award for SBA 7(a) lending performance.

## Links

- Website: https://smartbizbank.com/
- LinkedIn: https://www.linkedin.com/company/smartbiz-bank
- Twitter/X: https://twitter.com/smartbizloans
- Facebook: https://facebook.com/smartbizloans

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Profile page: https://yespress.io/smartbiz
Published by YesPress — https://yespress.io
Last updated: 2026-10-25