Lendistry lands $100M from East West Bank to fund airport concessions
What's the deal? LendistryDealroom has a profile for this one. Try Dealroom → has secured a $100 million credit facility from East West BankDealroom has a profile for this one. Try Dealroom → to back its Airport Concessions Program (ACP), which lends to small businesses operating in airports nationwide. The facility includes a $100 million accordion feature that expands borrowing capacity as the program grows.
What does the company do? The Los Angeles-based lender has deployed over $10.5 billion to small businesses since 2015. It holds Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications and ranks as the second-largest non-bank SBA 7(a) lender in the US.
Why airport concessions? The niche is "historically undercapitalized due to their unique business structures and complex financing needs," said chief executive officer Everett K. SandsDealroom has a profile for this one. Try Dealroom →. Many airport chains, like StarbucksDealroom has a profile for this one. Try Dealroom →, are locally owned licensees facing extra hurdles to raise capital.
What's the endgame? Since launching ACP in 2019, Lendistry has deployed $98 million to airport businesses across 16 states. The new capital is meant to scale that program.
A quick re-raise: The deal builds on a relationship established in 2025, when East West Bank provided Lendistry with a $75 million credit facility for its SBA 7(a) lending platform. East West Bancorp reported total assets of $82.9 billion as of March 31, 2026.
The signal: A second facility inside roughly a year signals deepening confidence between the two, and points to appetite for specialised lending in underserved small-business segments.
Read more: AccessWire
