Harvest Commercial Capital (HCC), a nationwide originator of owner-occupied small business real estate loans, announced that it has merged with Crossroads Impact Corp (CRSS), combining commercial lending capabilities with residential community development expertise to expand access to capital in low- to moderate-income communities.
The transaction brings together HCC’s commercial lending platform with Crossroads’ residential lending operations, including its certified Community Development Financial Institution (CDFI) subsidiary. The combined organization aims to significantly increase its capacity to serve small businesses and communities nationwide, while the two companies will continue operating under their existing brands.
HCC specializes in originating, selling, and servicing small-balance commercial loans secured by multi-purpose real estate. The firm focuses on conventional loans and first-lien loans through the U.S. Small Business Administration’s 504 loan program. Founded in February 2016 and headquartered in Laguna Hills, California, HCC is majority-owned by an affiliate of Medalist Partners, LP, an SEC-registered investment manager with approximately $2.4 billion in net assets under management as of December 31, 2025. Medalist Partners focuses on asset-based private credit and securitized credit strategies.
Crossroads Impact Corp invests in businesses that promote economic vitality and community development. Its certified CDFI subsidiary, which is also a Certified B-Corp., concentrates on supporting Hispanic homeownership through long-term, fixed-rate single-family mortgage products.
The companies said the merger enhances their collective ability to deliver capital to underserved markets and strengthen partnerships with institutions focused on economic development initiatives, including the SBA and the CDFI Fund. In addition, the combined platform intends to expand innovative Community Reinvestment Act lending and investment solutions for bank partners.
KEY QUOTES
“This is a natural next step in our evolution. Our focus has always been on getting capital to underserved markets, and this merger allows us to double down on that mission. We’re excited to continue doing our part to fuel small businesses across America.”
Adam Seery, CEO of Harvest Commercial Capital
“We’re bringing together two incredible teams with deep expertise in both residential and owner-user commercial finance. We look forward to working with the SBA and CDFI Fund to amplify our shared economic development initiatives. Further, this transaction allows us to expand our innovative CRA lending and investment solutions for our bank partners, which has an enormous, positive impact on the communities we’re fortunate to serve.”
Eric Donnelly, CEO of Crossroads Impact Corp
