About Us

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.

PHONE: (484) LOAN-BUD

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