LoanBud Expands Its Financial Services Reach with New Office in Fort Lauderdale, Florida

LoanBud Expands Its Operations in Fort Lauderdale

LoanBud, a rapidly growing fintech marketplace aimed at connecting entrepreneurs with Small Business Administration (SBA) financing, has recently made a significant move by opening a new office in Fort Lauderdale, Florida. This expansion incidentally coordinates with their existing offices in New York City and Orangeburg, South Carolina, and positions them to better serve clients in the Southeastern United States.

The new office, located at 110 East Broward Boulevard, started operations in November 2025. Looking ahead, LoanBud plans to expand its workforce and hire 20 additional employees in 2026, further strengthening its service capacity in the region.

Reasons Behind the Expansion

The choice of South Florida as a strategic location is based on multiple compelling factors:

1. Access to Talent: South Florida boasts a robust pool of professionals well-versed in financial services, including loan officers, credit analysts, and loan document specialists. This wealth of knowledge will streamline LoanBud's operations and deepen their connection to the local market.
2. Existing Leadership Presence: With Randy Spradlin, LoanBud's COO, already residing in South Florida, the company aims to leverage his insights and local expertise to accelerate growth and build stronger relationships with stakeholders in the lending ecosystem.
3. Network of Partners: The region is home to several influential players in the merchant cash advance and lending industries, providing LoanBud with enhanced collaboration opportunities that can reinforce its market position.
4. Building a Southeastern Hub: This new office will act as a regional growth engine, complementing LoanBud's headquarters in New York City and its office in Orangeburg, South Carolina, and marking an essential step in their overall growth strategy.

Insights from Leadership

In light of this expansion, Burke Purcell, Founder and CEO of LoanBud, boldly stated, "South Florida is primed for growth, and it’s where financial innovation meets entrepreneurial energy. By establishing operations here, we’re tapping into a strong base of loan officers, credit analysts, and loan document specialists who know the market. Combined with Randy’s leadership on the ground, this office will help us grow and scale faster."

Furthermore, COO Randy Spradlin emphasized the advantages this new office brings: "This office will strengthen our ability to collaborate, recruit, and deliver SBA solutions to more entrepreneurs across the Southeast. Additionally, Fort Lauderdale puts us closer to key partners in the small-business lending space, which is essential for our ongoing strategies."

Job Opportunities

LoanBud is currently looking to fill several positions as part of this expansion. Interested candidates can explore job openings on LoanBud's careers page or their LinkedIn profile.

About LoanBud

LoanBud has positioned itself as a cutting-edge financial technology platform, streamlining the process for entrepreneurs seeking SBA loans. The company’s mission is to simplify access to necessary capital for acquisitions, expansions, real estate ventures, debt refinancing, and working capital needs. By connecting clients with a nationwide network of lenders, LoanBud is committed to modernizing the small business financing landscape.

To learn more about LoanBud and its offerings, you can visit LoanBud.com.