Peachtree Completes SBA Lender Acquisition of First Western

Peachtree Group has completed its acquisition of First Western SBLC, LLC, which operates as PMC Commercial Trust (PMC). PMC is a Dallas-based nationwide direct lender specializing in SBA 7(a) loans.

Following SBA approval, PMC will continue operating under its existing name. Peachtree will integrate the lending business under Greg Friedman’s credit platform, with Barry Berlin overseeing integration and serving as senior advisor for government-regulated lending, and Laurie Ivy continuing as president to run day-to-day SBA operations.

Peachtree will offer SBA 7(a) loans ranging from $50,000 to $5,000,000 for business acquisitions, real estate purchases, equipment financing, working capital, and refinancing. PMC is one of only 12 SBA-licensed Small Business Lending Companies to originate 7(a) loans and holds Preferred Lender Program status.