Peachtree Group agreed to acquire First Western SBLC, Inc., which operates as PMC Commercial Trust, marking a significant expansion of Peachtree’s national credit platform. The Dallas-based lender is one of only twelve Small Business Lending Companies licensed by the U.S. Small Business Administration to originate 7(a) loans. The transaction will close following SBA consent and the satisfaction of additional conditions.
The acquisition integrates PMC’s decades long SBA lending expertise into Peachtree’s broader investment and credit platform. Founded in 1983, PMC has helped entrepreneurs access growth capital and holds the SBA’s Preferred Lender Program designation, giving it delegated authority to place SBA guarantees without prior SBA review. This ability enables borrowers to close loans more efficiently as they work to advance business plans in sectors ranging from hospitality to services and retail.
Once the transaction closes, Peachtree will offer SBA 7(a) loans ranging from $50,000 to $5,000,000 to support business and real estate acquisitions, equipment purchases, working capital needs, and debt refinancing. These solutions are expected to provide flexible capital for smaller transactions, particularly within the hospitality industry, and broaden Peachtree’s reach across a wide range of small business owners nationwide.
Peachtree’s expansion into SBA lending aligns with its commitment to offering comprehensive capital solutions across the credit spectrum. Already recognized by the Mortgage Bankers Association as the seventh largest investor-driven commercial real estate lender in the United States, the firm provides permanent loans, bridge loans, mezzanine financing, CPACE loans, preferred equity, and Triple Net Lease financing. Integrating SBA lending into this diversified suite strengthens its vertically integrated model and enhances its ability to deliver strategic outcomes for borrowers and investors.
The acquisition also honors a personal legacy for Peachtree leadership. PMC was founded more than forty years ago to help entrepreneurs access essential capital, a mission that Peachtree plans to continue as it scales its national lending footprint.
KEY QUOTES:
“This acquisition will allow Peachtree to expand its credit platform while bringing the speed, creativity and certainty we’re known for into the SBA lending space. PMC was founded by my grandfather, Dr. Fred Rosemore, over four decades ago to help entrepreneurs access capital and pursue their business goals. Bringing that legacy into Peachtree’s platform will be both personally meaningful and strategically powerful, enabling us to deliver fast, flexible financing solutions to small business owners nationwide.”
Greg Friedman, CEO and Managing Principal, Peachtree Group
“Expanding into SBA lending is a natural extension of Peachtree’s vertically integrated platform. With PMC’s PLP designation and focus on hotel owners, along with the network of relationships we can leverage through our originations team, we will be able to provide efficient capital solutions for smaller transactions while supporting small business growth in hospitality and other industries. This addition will broaden our credit capabilities and strengthen our ability to deliver strong returns for investors.”
Michael Harper, President, Hotel Lending, Peachtree Group
