The sale of ITT Small Business Finance to General Electric Capital Corp. has suddenly turned St. Louis into a new hub for lending backed by the Small Business Administration.

With the March 31 sale of St. Louis-based ITT, both GE Capital and Salt Lake City-based Zions Bancorp. announced they would operate their national SBA lending activities out of St. Louis.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.