Are you a bank or a predatory lender of some type?

We are neither. We are a non-profit, non-bank, community lender. We hold a charter from the State of California since 1979 as a 501(c)(3) community corporation. We are also highly regarded by the SBA as one of the nation’s leading SBA lender for non-bank, community development loans. Additionally, we are a licensed CDFI institution from the U.S. Department of Treasury. BASBF is focused on community development metrics such as job creation, blight reduction, and economic development.


On the other hand, we love banks! In fact, we urge you to connect with your banker before speaking to us. Why? Banks are able to offer a diverse array of credit products to meet almost every small business need and their rates are generally less expensive. Banks are also quicker to turn around a credit decision. Unlike us non-bank, community lenders, banks are able to offer depository accounts as well as business credit cards and lines of credit.

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