Blackstone Credit & Insurance has launched a $1 billion partnership with Harvest Commercial Capital to enhance small business lending through secured loans on commercial real estate.

Target Information

Blackstone Credit & Insurance (BXCI) has entered into a forward flow origination partnership with Harvest Commercial Capital, LLC (Harvest), a prominent player in the small business lending landscape. The partnership aims to acquire business loans that are secured by first lien mortgages on owner-occupied commercial real estate. BXCI has initiated this collaboration with the purchase of an initial portfolio of loans and set up a forward flow program, collectively valued at $1 billion in loans.

As part of this long-term partnership, BXCI will be acquiring small business loans from Harvest, encompassing both SBA 504 loans and non-SBA conventional loans. The partnership focuses on providing essential capital to enhance lending opportunities for small businesses across the United States.

Industry Overview

The small business lending industry in the United States has seen significant growth, driven by increasing demand for financing options among entrepreneurs. With the rise in owner-occupied commercial real estate investments, lenders are provi