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BankUnited NA expands SBA biz into 3 new states

Miami Lakes,Fla.-based BankUnited NAexpanded its small business finance business into Washington, Ohio and Wisconsin,as well as additional parts of Florida.

S&P GlobalMarket Intelligence spoke to BankUnited Small Business Finance Senior Vice PresidentScott Gilman, who clarified that the expansion does not involve the putting up ofnew branches.

To facilitatethe expansion, the bank also hired five business development officers who will bebased in Appleton, Wis.; Bellevue, Wash.; and Beachwood, Ohio, as well as in Tampaand Jupiter in Florida.

BankUnited NAis a unit of BankUnited Inc.