Skip to content
about-img (1)

About Us

Ready to get started?

Our Story

LoanBud, a division of BayFirst National Bank, is a national lender helping business owners, freelancers and entrepreneurs by providing SBA-guaranteed business loans.

LoanBud offers Small Business Administration (SBA) loans to business owners.  LoanBud FlashCap™ SBA Loans provide up to $350,000 in an little as two weeks.  Funds can be used for working capital, equipment, inventory and more.

We provide up to 100% financing for SBA 7(a) loans used for the purchase of owner-occupied commercial real estate, up to a $5 million loan amount.  SBA 7(a) loans can also be used to purchase an existing business or franchise, buy out a partner, or purchase a book of business, all with as little as 10% down.

As an SBA Preferred Lender Partner (PLP), we have the authority to make credit decisions unilaterally, bypassing the SBA and saving weeks of processing time.

We lend in all 50 states and utilize cutting edge technology to ensure an exceptional borrower experience.

Our team has over a century of collective experience working with business owners, freelancers, and entrepreneurs to help them achieve their financial goals. 

At LoanBud, we believe in providing business owners access to capital to grow their businesses.  We understand that obtaining an SBA loan can be an overwhelming task, so we guide our customers step by step, from application to funding. As an SBA Preferred Partner, we are authorized to make credit decisions internally, which saves our borrowers time and money.

LoanBud is led by Burke Purcell, an industry veteran with nearly 20 years of banking experience who has been specializing in self-employed lending for the last decade.

About LoanBud
LoanBud is a Division of BayFirst National Bank, N.A., a Federal Reserve member, and a state-chartered banking institution, offering mortgages and SBA 7(a) loans in all 50 states.

LoanBud’s mission is to become the number one lender in the country for self-employed people by providing mortgages and SBA-backed loans to entrepreneurs, freelancers, and small business owners.

Equal Housing Lender, Member FDIC. NMLS ID 806183.
LoanBud Headquarters
777 Brickell Ave, Suite 500
Miami, FL 33131


Loan Officers are available Monday through Friday 9:00 a.m. - 6:00 p.m. EST.

Other Locations:
287 Park Ave South
7th Floor, New York, NY 10010

161 Elliott Street SE
Orangeburg, SC 29115

Employment Opportunities
We are always looking for talented people to join our team. Please check back for updates on job openings. In the meantime, if you're interested in sharing your resume for future openings please email your resume to
Press Inquiries
For press related inquiries, please email
Contact Us

(484) LOAN-BUD
777 Brickell Ave Suite 500
Miami FL, 33131


LoanBud is a Division of BayFirst National Bank, N.A., Member FDIC, Equal Housing Lender NMLS ID 806183 Copyright © 2022. All rights reserved.
*Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

Privacy Policy