SBA lender profile
Business Expansion Funding Corporation
Business Expansion Funding Corporation appears in the public SBA loan data with 1,087 funded 504 loans totaling $901.7M, an average of $830K per loan, and an estimated 10,888 jobs supported. Its SBA lending concentrates in North Carolina and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
1,087
Total volume
$901.7M
Average loan size
$830K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
10,888
Programs
504
Business Expansion Funding Corporation is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Business Expansion Funding Corporation lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Carolina | 1,058 | $866.2M |
| South Carolina | 25 | $30.9M |
| Virginia | 3 | $3.4M |
| Florida | 1 | $1.2M |
What Business Expansion Funding Corporation funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 190 | $214.2M |
| Health Care and Social Assistance | 192 | $135.8M |
| Manufacturing | 127 | $110.6M |
| Retail Trade | 101 | $90.4M |
| Other Services | 112 | $69.5M |
| Arts, Entertainment, Recreation | 49 | $57.1M |
Business Expansion Funding Corporation SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 58 | $29.9M |
| 2011 | 71 | $36.0M |
| 2012 | 83 | $54.1M |
| 2013 | 86 | $41.8M |
| 2014 | 64 | $37.7M |
| 2015 | 60 | $35.3M |
| 2016 | 73 | $57.4M |
| 2017 | 79 | $69.4M |
| 2018 | 48 | $42.1M |
| 2019 | 51 | $32.8M |
| 2020 | 65 | $57.4M |
| 2021 | 89 | $69.2M |
| 2022 | 78 | $83.0M |
| 2023 | 45 | $52.5M |
| 2024 | 52 | $78.1M |
| 2025 | 59 | $87.8M |
| 2026 | 26 | $37.4M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Business Expansion Funding Corporation's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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