Simmons Bank (Simmons) announced Tuesday it received the 2021 Platinum Elite Lender designation for Small Business Administration (SBA) loans from RMI Business Finance. Listed among the top ten platinum lenders in Arkansas, Missouri and Oklahoma City, RMI Business Finance provides resources for improving the economic well-being for individuals and businesses in the communities they serve building a reputation for excellence and as an industry leader for the 504 Loan program.
“Simmons Bank is proud to receive the Platinum Elite lenders designation awarded by RMI Business Finance for the third year in a row,” said Mark Wilson, director of small business lending for Simmons Bank. “Our culture is built on a better-together mindset and our associates work hard to support our small businesses. Receiving this distinction is an honor.”
As an SBA Preferred Lender, Simmons Bank provides a comprehensive suite of products and services to meet all business lending needs. RMI Business Finance is an SBA Certified Development Company (CDC) which has delivered the SBA 504 Loan Program for more than 25 years. RMI has been recognized as a 504 Loan Program leader earning a reputation for excellence by meeting the high standards of the commercial lenders and borrowers.
