VeraBank Earns SBA Preferred Lender Status
HENDERSON, TX – June 22, 2026
VeraBank announced that it has received delegated authority by the U.S. Small Business Administration (SBA) to approve, process, and service SBA-guaranteed loans. This designation, known as the SBA Preferred Lender Program (PLP), recognizes a select group of lenders with proven expertise and a strong track record in SBA lending.
The PLP recognition reflects the experience and dependability VeraBank brings to small business lending, and it reinforces the bank's long-standing commitment to supporting the people and businesses that strengthen its local communities.
With this status, VeraBank streamlines lending decisions by reducing processing time to provide business owners with a more efficient path to move from application to funding quicker. While the process is accelerated, VeraBank remains committed to a thorough credit evaluation and sound lending practices.
VeraBank continues to evaluate each borrower's creditworthiness in line with SBA Loan Program Requirements and maintains thorough documentation for every file. The bank's analysis also remains subject to SBA review. This balance of efficiency and accountability is designed to protect both borrowers and the program.
"Small businesses are an essential part of the communities we serve, and timely access to financing plays a vital role in their growth and success," said Brad Tidwell, VeraBank CEO. "This authority enables us to move faster while still upholding the standards our customers rely on and the SBA requires. We're proud to be a trusted partner in helping local businesses move forward in reaching their goals," added Glenn Lauter, VeraBank EVP and SBA Department Manager.
Business owners interested in SBA-guaranteed financing can connect with VeraBank's lending team at verabank.com.
Â
About VeraBank
VeraBank is a privately owned community bank that serves 20 counties in East, Central and Southeast Texas with 550+ employees, a network of 42 conveniently located branches, $4.4 billion in assets, and trust assets under management of approximately $1.7 billion. Since 1930, VeraBank has remained committed to genuine banking, providing excellent personal service with
the latest in banking technology. Visit us online at verabank.com.
Â
Texas Business Update: Cybersecurity, Workforce Training and State Revenue
Texas Business Update: Cybersecurity, Workforce Training and State Revenue September 9, 2026 From strengthening critical infrastructure to investing in workforce development, several updates from across Texas are worth watching for the business community. Here’s a look at the latest news from the Texas Association of Business (TAB), along with legislative activity happening this week. Texas…
Read MoreLufkin Officially Designated a Texas Cultural District
Lufkin Officially Designated a Texas Cultural District September 8, 2026 Lufkin Creative is proud to announce that the Lufkin Cultural District has been officially designated by the Texas Commission on the Arts (TCA), recognizing the artists, cultural organizations, businesses, public spaces, and community partnerships that make arts and culture part of everyday life in Lufkin.…
Read MoreLufkin Women’s Center Now Offers Botox
New Service Offering at Lufkin Women’s Center August 28, 2026 Lufkin Women’s Center is proud to announce that Rachel Self, MSN, APRN, FNP-C, has completed botulinum toxin injector training with American Academy of Facial Esthetics (AAFE) and is now certified to offer botulinum toxin injections for TMJ, headaches, and facial pain. “Our mission at Lufkin…
Read MoreTexas Business Update: Healthcare Costs, Workforce Needs and Economic Growth in Focus
Texas Business Update: Healthcare Costs, Workforce Needs and Economic Growth in Focus September 1, 2026 As Texas continues to grow, state leaders are taking a closer look at several issues that directly affect businesses, including healthcare costs, workforce development, infrastructure and the resources needed to support continued economic growth. The Texas Association of Business (TAB)…
Read MoreAugust Chamber Celebrations
August Chamber Celebrations August gave us plenty to celebrate! Throughout the month, we joined our Chamber Investors for one groundbreaking and four ribbon cuttings, each marking an exciting step forward for businesses investing in and growing our community. Thank you for allowing us to be part of these special moments. We love celebrating your success…
Read More