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Impact 2023

Lendistry’s 2023 year in review showcases the profound impact we have made. From providing game-changing capital to small businesses, to fostering new partnerships, we are dedicated to helping small businesses thrive. At Lendistry, we are passionate about making a difference, one business at a time. Join us in transforming opportunities and building a brighter future together.

million in grants to 24,244 businesses

million in loans to 1,323 businesses

million in loans using New Markets Tax Credit allocation

Everett Sands
Since 2015, we have decided again and again to evolve quickly and to do things differently, because the way things have always been done in the finance industry doesn’t work for today’s entrepreneurs. Technology is the silver bullet for equitable lending, and Lendistry remains focused on its mission to innovate access to capital in a responsible, high-quality way.

This page shows the impact our company has made in the past year, and the leaders who have called on us to share our experience. Our environment of constant improvement, attention to customer needs, and commitment to technology is working, because in 2023, Lendistry became an SBA Preferred Lender and was confirmed as the #1 African American-led SBA 7(a) lender in the country. Let me be clear: we intend to become #1 overall.

We’re changing the game for underserved business owners, and I invite you to join us.

Photos from top to bottom: U.S. Black Chamber National Conference, Capitol Hill Meeting with CFDC, 52nd Annual Legislative Conference, CSUF Center for Leadership Awards, Opportunity Finance Network Conference Panel, and Presenting the Champion Award at OFN 2023.
Number 1 Seal

Lendistry SBLC: #1 African American-led 7(a) lender in 2023

SBA Preferred Lender providing a unique, automated pathway to SBA loans that can fund qualified applications in as little as two weeks

California State Outline with Pin Drop Marker

Fresno Metro’s Clean Shared Mobility Network

The most polluted neighborhoods in Fresno, CA needed a clean energy solution to historic gaps in transit infrastructure. The Fresno Metro Black Chamber of Commerce (FMBCC), a nonprofit, stepped up to create the Clean Shared Mobility Network: a fleet of electric rideshare vehicles with an affordable, innovative, and sustainable program. They had a stellar plan, but they needed capital to get it off the ground.

Dr. Cassandra Little, Fresno, CA

A Few of Our Favorite 2023 Customers

Click on a customer for more information.

All Things Plush

Anchored by Peace

Foster Plumbing

Girl Cave LA

Glow Spa

Maria Empanada

Sky Photos

Stadler IP Law

Truce Media

All Things Plush Syracuse, NY

Ciarah Richardson

All Things Plush is an embroidery business that customizes apparel and accessories for local businesses and designers. With the funding Ciarah received from the New York State Seed Funding Grant Program, she purchased a storefront and equipment to meet with customers in-person.
Watch Customer Video

Anchored by Peace Tustin, CA

April Thornton

Anchored by Peace is a therapy business that provides counseling for self-awareness, body image, relationships, and more. The funding April received from the California Dream Fund helped her business reach the next level.

Foster Plumbing Denver, CO

Foster Plumbing Family

Foster Plumbing is a commercial plumbing company and one of the few woman-owned, medium-size plumbing businesses in its market. The Foster Plumbing team used the loan they received through the Colorado CLIMBER fund to expand their services.
Watch Customer Video

Girl Cave LA Los Angeles, CA

Diara Burris

Girl Cave LA is a beauty supply business with multiple locations throughout California and a location in Texas. Diara leveled up her business with the grant funding she received from the California Dream Fund.

Glow Spa Rochester, NY

Channel Sabado

Glow Spa is a full-service luxury day spa that provides facials, waxing, massages, teeth whitening, and body treatment services. Channel used the funding she received from the New York State Seed Funding Grant Program to hire more team members to better serve her clients.
Watch Customer Video

Maria Empanada Denver, CO

Lorena Cantarovici

Maria Empanada is a quick-service, casual restaurant that serves Argentinian empanadas in three locations throughout Colorado. The loan that Lorena received from the Colorado CLIMBER Loan Fund boosted her business’s working capital for day-to-day operations.
Watch Customer Video

Sky Photos Rensselaer, NY

Craig Weston

Sky Photos is an aerial and ground photography and cinematography business in the Capital District of New York. With the funding he received from the New York State Seed Funding Grant Program, Craig leveled up his business’s marketing to reach more business owners.
Watch Customer Video

Stadler IP Law Buffalo, NY

Rebecca Stadler

Stadler IP Law is an intellectual property law firm that works with small businesses on their trademark needs, copyright needs, and patents. The funding Rebecca received from the NY State Seed Funding Grant Program allowed her business to recover from the pandemic and expand its client base.
Watch Customer Video

Truce Media Denver, CO

Julie Jackson & Brandon Naughton

Truce Media is a member-owned production studio that creates its own television and movie projects and provides multi-media production services to businesses. The loan that Julie and Brandon received helped them stabilize the business’s cash flow and manage their team’s payroll.
Watch Customer Video

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Hover over an orange circle to learn more.

Lendistry Logo Purple

California Small Business COVID-19 Relief Grant Program (CRG)

The California Small Business COVID-19 Relief Grant Program (CRG) became the largest state-funded COVID-19 response in the country and a model for how to create an equitable small business ecosystem. It began as a short-term, rapid-response effort to help small businesses all over California get through the pandemic. On December 30, 2020, the first round of applications opened for a $500 million program; when it finally closed in June of 2023, the program had deployed nearly $4 billion.

California Small Agricultural Business Drought and Flood Relief Grant Program

California Small Business & Nonprofit COVID-19 Supplemental Paid Sick Leave Relief Grant Program

Los Angeles County Economic Opportunity Grant Program

Illinois Back to Business (B2B) New Business Grant Program

  • Louisiana Micro Lending & Loan Guaranty SSBCI Programs
  • Maryland BusinessWorks Loan to Lender, an SSBCI program
  • New York State Contractor Financing Program, an SSBCI Program

Helping Small Businesses Win & Changing the Game for All

On 9/25/2023, Everett K. Sands joined the Congressional Black Caucus Foundation’s 52nd Annual Legislative Conference for a “Financial Services Brain Trust” panel with Congresswoman Maxine Waters, Christopher Williams of Siebert Williams Shank & Co., LLC, and Robert Smith of Vista Equity Partners.

A New Take on New Markets Tax Credits

  • – The word got out in 2023 about our Small Business Loan Fund, which was designed to provide below-market-rate loans and spur investment in disadvantaged communities. Learn More
  • – In July, NMTCs helped Lendistry provide Boys & Girls Clubs of Puerto Rico access to $7 million in financing to help expand their mission.
    Inscription Puerto Rico on the children's hands against the background of a waving flag of the Puerto Rico
    Learn more.

The lower the cost of the capital for the CDFI, the lower the cost for the business owner who gets the loan… And the more capital a community lender can borrow, the more it can then lend out.

- Everett K. Sands


Game Changing Capital in 2023

The U.S. Treasury awarded Lendistry a $100 million bond for projects in low-income and distressed communities. This is our first CDFI Bond Guarantee Program bond issuance and provides us with affordable capital to deploy.

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New Partnerships in 2023

International Trade Administration
U.S. Black Chambers
Shoppe Black

First Independence Bank
Next Street
Vista Bank

The Evans Agency
Wadeco Business Center, LLC
Harlem Entrepreneural Fund NYC

SBA Milestones in 2023

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SBA Preferred Lender Status

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Leading Black-led SBA 7(a) Lender


in loans




total SBA 7(a) loans for Black-owned businesses from all lenders

Expanded Footprint in OC in 2023

Lendistry was originally founded in Brea in a small office, but our team quickly outgrew it during the pandemic. In February of 2023, we cut the ribbon on a brand new office in Tustin. This new office was designed, equipped and furnished using local small business vendors and celebrates our roots with original, branded artwork that keeps our team energized and connected to our mission.

Speakers included Everett K. Sands, Fiona Ma, California State Treasurer, Tara Lynn Gray, Director of the California Office of the Small Business Advocate, and a Lendistry customer based in Orange County.

Lendistry's Tustin office grand opening ribbon cutting ceremony

“My team will tell you we move fast here. A month here is like a year in the outside world. It’s because underserved businesses are innovating faster than financial institutions, they have waited too long for a partner that is worthy of them, and change can’t happen soon enough.” – from Everett’s opening remarks







Our impact in Orange County

Lendistry Customer Experience Center (CEC) - Robert Davis & Brian Downs

inbound calls

outbound calls

Customer Experience Center, In House and Open in 2023

An essential part of “access to capital” involves access to a professional, mission-driven team who are there to help underserved business owners get their applications across the finish line.

During the pandemic when our team temporarily went remote, we began offering this means of contact through two outsourced call centers—one woman-owned, and the other a Spanish-speaking team.

This year, we evolved our customer experience model to an in-house strategy. This on-site Customer Experience Center (CEC) went from idea to fruition in 45 days with a team trained to assist callers and give them the Lendistry experience, and make outbound calls to expand the impact of specific programs.

The Center by Lendistry Logo White

The Center by Lendistry:
Access to Resources & Financial Literacy in 2023

Visit The Center by Lendistry Website

Los Angeles County Rent Relief Program

A grant program providing over $68M in grants to qualified landlords located within LA County

BeltLine Business Ventures

A small business accelerator aimed at helping local BIPOC-owned businesses grow, create jobs, and generate wealth in communities along the Atlanta BeltLine

Contractors Accelerator

A program designed to help women- and diverse-owned Southern California small businesses gain the knowledge and skills to pursue public contracts

Digital Growth Accelerator

A program to give diverse small businesses the wrap-around support they need to scale their businesses online

CDFA Equitable Lending Learning Series

A series of webinars in which Lendistry and The Center educate fellow CDFIs on best practices for impactful lending
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©2024 B.S.D. Capital, Inc. dba Lendistry. All rights reserved. (https://www.nmlsconsumeraccess.org) Loans originated by B.S.D. Capital, Inc. dba Lendistry are made pursuant to state law and may not be available in all states. NMLS# 1945565. SBA loans originated by Lendistry SBLC, LLC, a wholly owned subsidiary of B.S.D. Capital, Inc. dba Lendistry. Lendistry SBLC, LLC is approved to offer SBA loan products under SBA’s 7(a) Lender Program. NMLS# 1571851.

California residents: Loans made or arranged pursuant to a California Finance Law license. B.S.D. Capital, Inc. dba Lendistry California Finance Lender, License #60DBO-66872. Lendistry SBLC, LLC California Finance Lender, License #60DBO-49327.