The U.S. Small Business Administration (SBA) awarded Siemens Small Business Lending (SSBL), owned by Siemens Financial Services (SFS), the U.S. financing arm of global technology company Siemens, a Small Business Lending Company (SBLC) license, making it one of only 16 approved non-bank SBA lenders nationwide. SSBL will originate 7(a) loans and prioritize lending to small businesses in key industries including manufacturing, energy, healthcare, logistics and technology.
“Demand for capital is rising amid President Trump’s America First economy and a return to industrial strength, as more small businesses seek growth funding to expand, hire and invest in technology, which is one reason why private-sector lenders like Siemens Financial Services are stepping up to meet the need,” SBA Administrator Kelly Loeffler said. “Amid record business formations taking place in America, we’re excited to welcome Siemens Financial Services to our network of lenders, especially with its strong commitment to prioritize funding for critical industries, from manufacturing and energy to advanced technology.”
Doug Maher, CEO of SFS, added, “Through financing, technology and partnership, SSBL’s SBA 7(a) loan capability will allow us to help small businesses gain access to capital and adopt industrial AI and other advanced technologies. Based on a unique combination of financial expertise, risk management and industry know-how, SFS provides tailored financing solutions, including equipment leasing and working capital products, project and structured financing, asset-based lending and equity investments, and enables access to Siemens’ technology and deep vertical know-how supporting customer growth and innovation. For more than a decade, SFS has supported small and medium-sized businesses in scaling and expanding through automation and digitalization in factories, buildings, grids, and transportation systems.”
