{"id":405206,"date":"2020-12-23T10:59:45","date_gmt":"2020-12-23T15:59:45","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405206"},"modified":"2020-12-23T10:59:45","modified_gmt":"2020-12-23T15:59:45","slug":"usda-recognizes-north-avenue-capital-as-1-business-and-industry-lender-in-top-commercial-lender-rankings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/usda-recognizes-north-avenue-capital-as-1-business-and-industry-lender-in-top-commercial-lender-rankings\/","title":{"rendered":"USDA Recognizes North Avenue Capital As #1 Business and Industry Lender in Top Commercial Lender Rankings"},"content":{"rendered":"<div class=\"mw_release\">\n<p>Ponte Vedra Beach, FL, Dec.  23, 2020  (GLOBE NEWSWIRE) &#8212; North Avenue Capital, a specialized commercial lender exclusively originating, underwriting, and funding USDA Rural Development loans was recently recognized by the United States Department of Agriculture (USDA) as the #1 Business &amp; Industry lender in the Top Commercial Lender Rankings for 2020.<\/p>\n<p>\n        <strong>Building Businesses. Growing Communities. Strengthening Economies.<\/strong>\n      <\/p>\n<p>North Avenue Capital partnered with the USDA to invest $131 million in the traditional Business &amp; Industry loan program, more than any other commercial lender in the country during the 2020 fiscal year.<\/p>\n<p>These investments helped 20 rural businesses acquire essential working capital through the USDA\u2019s Business &amp; Industry Loan Program helping create or save 533 jobs in these areas.<\/p>\n<p>Some of the rural businesses that NAC supported in 2020 include Ranger Scientific, Three Horse Ranch Vineyard, Big Water Marina, and G&amp;G Lumber.<\/p>\n<p>\u201cAccess to affordable capital is the lifeblood of rural economies, particularly in these times,\u201d said Ben Chatraw, Chief Executive of North Avenue Capital. \u201cWe\u2019re honored to partner with the USDA in delivering more than one quarter billion dollars of capital to rural America over the past five years.\u201d\u00a0<\/p>\n<p>\n        <em><br \/>\n          <strong>About North Avenue Capital<\/strong><br \/>\n        <\/em>\n      <\/p>\n<p>North Avenue Capital is the nation\u2019s #1 USDA business lender exclusively originating, underwriting, and funding commercial loans throughout rural America. Learn more about NAC and its borrowers at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OTCMStwES1tCYsESGOTj0rQd_7PRP4rOY-xn25FAlT4afGnDFIaRsta_gXpYsJQl30Txd-bD9Hs5shWfJVlWztBOLW9aEbKXzLYe10xrodE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.northavenue.com<\/a>.\u00a0<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzEyNiMzODk0OTU4IzIxMjI5NTA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/791b4160-f2a5-47b3-b5cd-881024bd170f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Kaitlyn Crowder\r\nNorth Avenue Capital\r\n317-937-1962\r\nkcrowder@northavenue.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ponte Vedra Beach, FL, Dec. 23, 2020 (GLOBE NEWSWIRE) &#8212; North Avenue Capital, a specialized commercial lender exclusively originating, underwriting, and funding USDA Rural Development loans was recently recognized by the United States Department of Agriculture (USDA) as the #1 Business &amp; Industry lender in the Top Commercial Lender Rankings for 2020. Building Businesses. Growing Communities. Strengthening Economies. North Avenue Capital partnered with the USDA to invest $131 million in the traditional Business &amp; Industry loan program, more than any other commercial lender in the country during the 2020 fiscal year. These investments helped 20 rural businesses acquire essential working capital through the USDA\u2019s Business &amp; Industry Loan Program helping create or save 533 jobs in these areas. Some of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/usda-recognizes-north-avenue-capital-as-1-business-and-industry-lender-in-top-commercial-lender-rankings\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDA Recognizes North Avenue Capital As #1 Business and Industry Lender in Top Commercial Lender Rankings&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405206","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USDA Recognizes North Avenue Capital As #1 Business and Industry Lender in Top Commercial Lender Rankings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/usda-recognizes-north-avenue-capital-as-1-business-and-industry-lender-in-top-commercial-lender-rankings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USDA Recognizes North Avenue Capital As #1 Business and Industry Lender in Top Commercial Lender Rankings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ponte Vedra Beach, FL, Dec. 23, 2020 (GLOBE NEWSWIRE) &#8212; North Avenue Capital, a specialized commercial lender exclusively originating, underwriting, and funding USDA Rural Development loans was recently recognized by the United States Department of Agriculture (USDA) as the #1 Business &amp; Industry lender in the Top Commercial Lender Rankings for 2020. Building Businesses. Growing Communities. Strengthening Economies. North Avenue Capital partnered with the USDA to invest $131 million in the traditional Business &amp; Industry loan program, more than any other commercial lender in the country during the 2020 fiscal year. These investments helped 20 rural businesses acquire essential working capital through the USDA\u2019s Business &amp; Industry Loan Program helping create or save 533 jobs in these areas. 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