NAC founded with USDA approval
Meet Our Team
The team at North Avenue Capital (NAC) is a dynamic blend of savvy investors, seasoned bankers, creative marketers, and more.
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Our
History
Our History
- June 2015
- November 2015
Closed first loan
- November 2017
Secured $5 MM LOC from Green Bank
- September 2018
Reached $100 MM in originations
- January 2019
Recapitalized, buying out initial equity investors
- April 2019
Opened $20 MM LOC with East West
- November 2019
Passed $200MM in originations
- August 2020
USDA implements OneRD changes
- September 2020
Increased LOC to $30MM
- October 2020
Became #1 B&I Lender, $131MM in originations (FY ’20)
- March 2021
Increased LOC to $50MM
- April 2021
Eclipsed $300MM in originations
- November 2021
Acquired by Veritex Bank
Why North Avenue Capital is America’s Rural Lender
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Contact a Loan Specialist Today
Whether you have a project that needs funding, you are a broker with a few on your desk or you are trying to learn more about the USDA Business & Industry Loan from NAC, our Loan Specialists are here to help. Fill out the form below and we will get back to you promptly.