SBAC’s President and CEO, Tony O’Reilly, Retires After 34 Years of Service 

September 5, 2023 – On September 30, 2023, longtime President and Founding CEO, Tony O’Reilly, will be retiring from Small Business Assistance Corporation (SBAC) after 34 years of service. His successor, Victoria Saxton, BAC’s COO/CFO will resume leadership on October 1, 2023. 

Mr. O’Reilly started SBAC in 1989 with support from the City of Savannah. During his tenure, he grew the company from a staff of one to sixteen and funded thousands of businesses with projects worth nearly $1.5 billion. He obtained several licenses to increase lending options and support services to small businesses. These licenses also allowed SBAC to expand its reach throughout Southeast Georgia and the Lowcountry of South Carolina.

“I am personally grateful for the opportunity to lead an organization with a purpose-driven mission,” states O’Reilly. “Providing access to capital to help foster small business development and growth has been the main goal and purpose of our existence. I hope businesses assisted by SBAC have received genuine services and resources needed to start, grow, and sustain their business. It has been a pleasure working with everyone.”   The SBAC staff is inviting the community to Tony’s farewell retirement celebration on Friday, September 15, 2023. The event will take place at the SBAC’s office located at 111 E. Liberty Street, Savannah, GA 31401 from 3:00pm – 6:00pm. 

About the Small Business Assistance Corporation

Established in 1989, the Small Business Assistance Corporation (SBAC) is a nonprofit lender that provides financing support for small businesses. SBAC is a Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury. SBAC is also a Certified Development Company (CDC) licensed by the U.S. Small Business Administration (SBA) and contracted by the U.S. Department of Agriculture (USDA), Georgia’s Department of Community Affairs (DCA) and the City of Savannah, to promote small business development through financing and technical assistance. It offers a wide variety of loan programs for new and existing businesses in Savannah and throughout Southeast Georgia and the South Carolina Lowcountry. For more information on the Small Business Assistance Corporation, visit sbacsav.com.

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