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Alternative Assets  + Real Estate  | 

BXCI Forms $1B Small Business Loan Partnership with Harvest Commercial Capital 

Blackstone Credit & Insurance (BXCI) has entered a $1 billion forward-flow origination partnership with Laguna Hills, CA-based Harvest Commercial Capital, LLC, a specialized small-business lender focused on loans secured by first-lien mortgages on owner-occupied commercial real estate. As part of the agreement, BXCI has purchased an initial portfolio of loans and established a program to acquire additional SBA 504 and non-SBA conventional loans on an ongoing basis. 

Through the partnership, BXCI will provide permanent capital to Harvest, supporting expanded access to financing for small businesses across the U.S. “We are excited to expand our asset-based credit platform by partnering with Harvest to bring much-needed financing solutions to many small businesses, secured by their real estate assets,” said Aneek Mamik and Nick Menzies, Senior Managing Directors at BXCI. 

BXCI’s Infrastructure and Asset-Based Credit group manages over $100 billion in assets, with exposure across investment-grade and non-investment-grade credit as well as structured investments tied to key sectors such as commercial finance, infrastructure, consumer credit, and residential lending. 

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.