The original SBLC.
In 1994 The Loan Source Inc. was approved, by the U.S. Small Business Administration (“SBA”), to acquire one of only 14 Small Business Lending Company (“SBLC”) licenses. While many large public companies (i.e. The Money Store, GE, CIT, Citibank) have owned and operated an SLBC license, The Loan Source has been under the same control and management since 1994, making The Loan Source the oldest current holder of an SBLC license.
As one of the 14 SBLC’s, The Loan Source is eligible to make loans as a part of the SBA’s loan guarantee programs. This includes the 7(a), 504, Express, Micro, Export, and other loan programs.