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Acclivity Financial names Billy Bowers as Senior Credit Officer
Acclivity Financial, a subsidiary of Citizens Bank specializing exclusively in lending solutions for small businesses, is proud to welcome Billy Bowers to their team effective immediately. A seasoned veteran with over 20 years of small business lending experience, Bowers will oversee underwriting and portfolio servicing.
Prior to joining Acclivity Financial, Bowers served as SVP, Senior Credit Officer at BankUnited and SVP, Director of Government Guaranteed Lending at FSG Bank. He has a proven track record in SBA lending with extensive ties in the Southeast.
"Billy’s vast experience at every stage of the commercial lending process makes him an ideal addition to Acclivity Financial," said Danny Preston, Chief Executive Officer. "He is an expert in SBA lending, and we’re excited to add his leadership to our team."
"Acclivity Financial is an organization on the rise," said Bowers. "I have worked with their leadership in the past, and I am thrilled to have the opportunity to once again work with such an amazing team."
Bowers received his BBA in Finance from East Tennessee State University. He has had an active role in community activities and currently serves on the board of directors for Team Britton, Inc.
Rosen Joins First Commonwealth as Consumer, SBA Lending EVP
Jeff Rosen joined First Commonwealth Bank as executive vice president of Consumer and Small Business Lending.
Rosen will oversee First Commonwealth’s consumer and small business platform, online lending capability, mortgage business and indirect auto business. In addition, he will develop First Commonwealth’s activities with the U.S. Small Business Administration’s (SBA) lending program as a line of business.
Prior to joining First Commonwealth, Rosen served as SVP/Government Guaranteed Lending Manager at one of the nation’s largest full-service providers of consumer and commercial banking. He served as president of Rosen Advisors, a consulting firm specializing in retail and business banking strategy, SBA lending and leadership development. Rosen also held retail and business banking leadership positions at Huntington Bank, U.S. Bank and PNC Bank during his 30-year career.
“Jeff brings to First Commonwealth 30 years of leadership experience in the financial services industry,” said Jane Grebenc, president of Indiana, PA-based First Commonwealth Bank. “He is well-versed in government lending programs, and under his leadership, SBA lending will become a line of business at First Commonwealth. We’re excited that Jeff has joined our team.”
KeyBank increased SBA 7(a) lending by record amount in 2016, plans further growth in 2017
KeyBank increased its lending volume through the Small Business Administration 7(a) program by 44% this past year and announced plans to do even more in 2017 as a result of its recently completed acquisition of First Niagara Financial Group.
Key's issuance of those government-backed, small-business loans in the Cleveland region also grew by 34% in 2016, according to figures from the SBA Cleveland office.
Key ranks third in terms of SBA 7(a) loans issued in the Cleveland district, with 54 loans made totaling about $14.6 million. Ahead of them are U.S. Bank, which made 87 loans totaling $21 million, and Huntington Bank, which made 1,091 loans totaling $134 million.
Nationwide, Key made 538 of the loans totaling $222 million, which makes them the 14th most-active SBA lender in the United States, according to a list of the program's most active lenders.
John Briggs Joins Bank of the West as Vice President, SBA Business Development Officer
Bank of the West announced today that John Briggs has joined the company as Vice President, SBA Business Development Officer. In this role, Briggs is responsible for providing SBA 504 and 7(a) loans to small-and medium-sized business clients in Northern Utah and Western Wyoming.
With more than 10 years of banking industry experience, Briggs previously served as Sr. Business Relationship Manager for Wells Fargo Bank, N.A. and received his B.S. from Brigham Young University in Provo, Utah. He is bilingual-fluent in both English and Spanish.
Briggs is a member of the Utah Chapter of Certified Commercial Investment Member Institute and a Scoutmaster for the Boy Scouts of America.
Carey Hofferber Joins Northeast Bank Small Business Lending Team
Northeast Bank (the “Bank”) announced today that Dallas-area resident, Carey Hofferber, joined its national Small Business Administration (“SBA”) Lending Division as Vice President, SBA Business Development. The team is led by Jonathan Smith, Senior Vice President, Director of SBA Lending.
“We are pleased Carey has joined our SBA team in order to provide financing to small businesses throughout Texas,” said Rick Wayne, President and CEO. “Carey’s experience in developing effective SBA lending solutions will be instrumental in helping the bank support the needs of current and prospective small business customers in the years ahead.” Carey joins the bank from ReadyCap Lending where he served as Business Development Officer.
Prior to this, Carey served as Assistant Vice President for the Lending division at PMC Commercial Trust.
J.R. BRUNO & ASSOCIATES PROMOTES LORI MC CAUSLAND TO SENIOR ASSOCIATE
J.R. Bruno & Associates, a leading nationwide consulting firm to SBA and member business lenders, has promoted Lori McCausland to JRB Senior Associate. With more than 25 years of commercial lending experience, she joined JRB four years ago, having held management positions at national, regional and local financial institutions. In addition to her knowledge of business and SBA lending processes – with expertise in loan systems, documentation and Form 1502 reporting – Lori McCausland is an effective communicator who has developed supportive relationships with clients across the country.
“I love training and guiding our clients in the world of SBA lending, with the ability to customize the services we provide based on our clients’ needs. Along with that comes the joy I have in building relationships and helping make a real difference in the success of our clients’ SBA programs. And I love working for a company with core values that align with mine: pride in our work, a ‘do it the right way the first time around’ mentality, and having a team that truly respects one another and promotes each of the strengths we bring to the team,” Lori McCausland said.
Bank of the Cascades Launches “Preferred” SBA Lending Program for Seattle Small Businesses
Bank of the Cascades, one of the Northwest’s largest community banks, today announced the expansion of its Small Business Administration (SBA) lending program into the Seattle market. The bank, which has achieved SBA “preferred lender” status and consistently ranks as a top SBA lender in Oregon and Idaho, has hired Gwen Schaeffer (formerly Lundgren) as Vice President and Government Loan Specialist to lead its local SBA program in serving small and growing businesses across the Puget Sound area.
According to Brandon Elieff, Bank of the Cascades Seattle Market President, the addition of Schaeffer to serve SBA-eligible businesses positions Bank of the Cascades to become the lender of choice for Seattle’s small business and entrepreneurial community.
“Bank of the Cascades brings to the market one of the most successful SBA lending programs in the Northwest. Having someone with Gwen’s marketplace experience, banking expertise and network of business relationships lead our local SBA efforts immediately establishes Bank of the Cascades as a competitive option for Seattle businesses in need of SBA financing,” said Elieff.
Schaeffer, who is tasked with developing and implementing Bank of the Cascades’ SBA Government Guaranteed Loan Department in the bank’s Seattle office, brings nearly 25 years of related professional experience to her role. Throughout her career, Schaeffer has worked closely with Puget Sound business owners to provide custom financing solutions, with a focus on SBA lending and other government-based loan programs. In addition to serving as a business program manager with the U.S. Small Business Administration, Schaeffer has built a variety of successful lending programs in positions at other financial institutions, including Umpqua Bank, CIT Group and Merrill Lynch.
“There’s a tremendous opportunity for a commercial lender with Bank of the Cascades’ combination of SBA ‘preferred lender’ status and comprehensive banking services to become a trusted and valued partner to small businesses in need of tailored financing,” said Schaeffer. “I look forward to helping the bank build a competitive SBA lending presence to serve local businesses and benefit our region’s economy.”
D.L. Evans Bank Named SBA Community/Rural Lender of the Year
D. L. Evans Bank has been recognized by the Small Business Administration as the SBA Community/Rural Lender of the Year for 2015.
A two-time recipient, D. L. Evans Bank is the only financial institution in the state of Idaho to have received the award. The bank is a preferred lender with the SBA, and has been a long-time advocate of SBA programs throughout its 28-branch network.
JV Evans, executive vice president of D. L. Evans Bank, accepted the award on behalf of the bank at the Small Business of the Year and Boise Metro Chamber of Commerce luncheon held at the Boise Centre. The award was presented by Rod Grzadzieleski, district director of the Boise District Office of the U.S Small Business Administration.
Let Go by BB&T, Veteran SBA Leader Hired by Fulton
A Pennsylvania banker who lost her job after her employer was sold to BB&T has landed on her feet. Fulton Financial in Lancaster, Pa., said in a press release Wednesday that it had hired Lynn Ozer as president of Small Business Administration lending. Before joining the $18 billion-asset Fulton, Ozer had been president of government lending at Susquehanna Bancshares in Lititz, Pa.
Ozer also led a small-business lending team at Susquehanna that was largely dismissed in August, shortly after the company's sale to BB&T.
Ozer is also a former chair of the National Association of Government Guaranteed Lenders, a trade association for institutions that participate in the federal government's guaranteed-loan programs.
Bank of the West Adds to SBA Team
Bank of the West announced today that it has added several people to their SBA Business Development team all over the country.
Maricruz Hill has joined the company as vice president,SBA Business Development Officer in Minneapolis. In this role, Hill is responsible for providing SBA 504 and 7(a) loans to small-and medium-sized business clients in Minnesota, Iowa, North Dakota and South Dakota.
Hill has more than 13 years of banking experience and previously served as vice president, SBA Business Development Officer with Wells Fargo. Hill received her Bachelor’s Degree from InterAmerican University of Puerto Rico. A resident of Chaska, MN, Hill is affiliated with numerous professional organizations and is bilingual- fluent in both English and Spanish.
Garcia Dussard has joined the company as Vice President, SBA Business Development Officer in Chicago. In this new role, Dussard is responsible for providing SBA real estate mortgages and equipment loans, refinancing and debt consolidation as well as business acquisition loans to small-and medium-sized business clients in Chicago and the surrounding areas.
“We care about our small businesses clients, they are the backbone of our economy” said Don Mercer, SBA National Sales Manager and Senior Vice President, “so that’s why we hired a professional of Garcia’s high caliber to support Chicago’s small business community as they pursue their American dream. With a marketplace as diverse and thriving as Chicago it was important to hire the right banker and Garcia’s dedication to his clients will bolster our plans to grow and expand in this market”.
Dussard has been in the banking industry for more than 19 years serving commercial clients in a diverse range of industries. Most recently, Dussard was Senior Vice President at Bank of America in their SBA group, a position he held for the past 10 years.
Matthew VanderMeer has joined the company as vice president, SBA Business Development Officer in Orange County. In this role, VanderMeer is responsible for providing SBA 504 and 7(a) loans to small-and medium-sized business clients in Orange County.
VanderMeer has more than 14 years of SBA lending experience and previously served as vice president, SBA Business Development Officer for Wells Fargo Bank, N.A. VanderMeer received his Bachelor’s Degree from the California State University, Long Beach and his Master’s Degree from Howard University in Washington D.C.
SPOKANE FIRM WINS $10,000 TECHNOLOGY GRANT
SBA Simplified LLC, a small business consulting company, has been selected as a regional winner of the Comcast Business' Innovation 4 Entrepreneurs Contest. The selection of SBA Simplified includes a $10,000 grant to grow their business through innovative use of technology. In addition to the $10,000 grant, the firm is now eligible to compete for one of six $20,000 grand prizes that will be selected through judging and peer voting. Votes can be cast for SBA Simplified listed in the start-up category once each day between April 27 and May 13 at http://cbcommunity.comcast.com/i4e/vote
Coralie Myers, one of the members of SBA Simplified, said “We plan to use the grant to further enhance the capabilities of our website to offer on demand webinars and resources to lenders, as well as upgrades to provide more interactivity and increased mobile capability to accommodate lenders on the go."
SBA Simplified provides lenders with customized training, loan consulting and comprehensive file reviews on U.S. Small Business Administration lending programs. The three members, Coralie Myers, Pat Johnson and Lisa Lender combined have over 100 years of SBA lending experience in loan processing, closing, servicing, liquidation & litigation, and guaranty purchases all things SBA.
J.R. BRUNO & ASSOCIATES PROMOTES REBECCA MENDOZA TO SENIOR ASSOCIATE
J.R. Bruno & Associates, a leading nationwide consulting firm to SBA and business lenders, has promoted Rebecca Mendoza to senior associate. With more than 20 years of SBA and commercial lending experience, she joined J.R. Bruno in 2008, coming to the firm with management experience at several financial institutions. In addition to her comprehensive knowledge of SBA and business lending, Rebecca Mendoza has special expertise at servicing, workouts, liquidations and the secondary market.
At JRB, Rebecca Mendoza is joined by an experienced, dedicated team of SBA and business lending professionals serving lenders across the country. Celebrating 22 years of serving the business lending community, J.R. Bruno offers a full range of services, with a specialty in SBA lending. “The most gratifying thing about my work at JRB is knowing that I give our clients more knowledge and understanding of a program I’m passionate about: SBA,” says Mendoza.
VETERAN SBA LENDER, LYNN JOHLER, JOINS FREEDOM BANK TEAM
Freedom Bank announces the hiring and appointment of Lynn Johler, a well-known veteran Small Business Administration (SBA) lender, as Senior Vice President to the bank’s commercial lending team. Ms. Johler will spearhead Freedom Bank’s SBA lending programs, bringing her depth of knowledge and skill to assist the bank in growing this vital business.
Chief Executive Officer, Cathy P. Swanson, commented, “We are so proud to have Lynn on our team. Her extensive knowledge of SBA lending and the local market are a perfect fit for our bank.” Swanson stated Freedom Bank focuses on small to mid-size businesses and professionals within the St. Petersburg area and surrounding markets. “We view Lynn’s role as critical to delivering a well thought out SBA strategy to benefit our clients.”
Prior to joining Freedom Bank, Johler held a similar role at Centennial Bank, formerly Bay Cities Bank and Synovus Bank, formerly United Bank. She has over 40 years of banking experience in the Tampa Bay market. Lynn received a Bachelor of Science degree from the University of South Florida and has completed numerous lending and professional programs.
New Addition to The banc-serv Team!
banc-serv PARTNERS is pleased to welcome the addition of Karen McHugh as the company's Manager of Training and Partner Development. Karen will join our team as we continue to develop successful new and existing partnerships across the country. In addition, she will help banc-serv develop long-term strategic goals and provide vision for the continued growth of banc-serv and our partners.
Karen brings with her over 25 years of SBA and banking industry experience, as well as a wealth of knowledge and a proven track record of success in specialized areas including SBA loan audits, policy and procedure, credit underwriting, and eligibility. In addition, Karen served as the EVP/Chief Operating Officer of NAGGL for over 10 years. During her time at NAGGL, she designed instructional courses, provided technical assistance to lenders, and advocated on behalf of SBA lenders to SBA policy makers.
Unity Bank Promotes Kathleen Hay to Vice President/SBA Business Development Executive
Clinton-based Unity Bank has promoted Chester resident Kathleen Hay to Vice President/SBA Business Development Executive. She joined Unity Bank in 2011 and has served as Assistant Vice President/Commercial Loan Closer and Vice President/Loan Closing Manager for the bank’s growing Small Business Administration (SBA) lending program.
“Kathleen has more than 12 years of SBA experience and she has helped Unity become one of the top SBA lenders in New Jersey,” said Unity Bank President & CEO James A. Hughes. “With an extensive background in lending at community, regional and national banks, she provides customers with valuable guidance throughout the finance process. Kathleen’s promotion is well deserved and we wish her continued success in serving clients throughout New Jersey and eastern Pennsylvania. ”
Jason White Joins Bank of the West as Vice President, SBA Business Development Officer
Bank of the West announced today that Jason White has joined the company as vice president, SBA Business Development Officer. In this new role, White is responsible for providing SBA lending on commercial real estate and business acquisition/partner buyout projects in Utah and the Colorado Western Slope.
White has more than 15 years of SBA lending experience and previously served as vice president, SBA Business Development Officer for Wells Fargo Bank, N.A. Over the course of his career, White has developed extensive expertise in working with small businesses to develop financial strategies that align with their growth initiatives.
White, a resident of Draper, Utah, received his Bachelors of Science in Finance from the University of Utah.
Long-time Heritage Bank client, Northwest Etch, recognized by the U.S. Small Business Administration
March 7, 2016 - Heritage Financial Corporation, the parent company of Heritage Bank, announced a long-time Heritage Bank customer, Northwest Etch, was recently honored by the U.S. Small Business Administration (“SBA”) for their use of SBA Export Loans to expand their business and export capabilities.
The following members of the SBA along with the Heritage Bank team were on-site at Northwest Etch to honor their contributions to the SBA program: Maria Contreras-Sweet, current Administrator of the SBA, U.S. Congressman Derek Kilmer, District 6, Calvin W. Goings, SBA Regional Administrator for Washington, Oregon, Idaho and Alaska, Mark Costello, Supervisory Lender Relations Specialist for the Seattle SBA District Office, Christine Heckert, Senior Vice President and SBA Loan Manager of Heritage Bank, Nigel English, Senior Vice President and Regional Commercial Lending Manager, and Heath McLellan, Vice President and Commercial Loan Officer.
After a screening and evaluation process that included Mr. Costello, Mr. Goings and Mr. Kilmer, Northwest Etch received word that the head of the U.S. SBA, Ms. Maria Contreras-Sweet wanted to tour their facility. Ms. Maria Contreras-Sweet was eager to hear about how the business has grown from a small family-owned etching business into the manufacturing operation that it is today – specializing in photo etching and photo chemical machining, serving a wide variety of industries within the United States. During the visit, Northwest Etch was presented with a certificate in recognition of their contribution as a small business creating jobs in the State of Washington and inspiring the entrepreneurial spirit of the nation.
Mr. Bryan McDonald, Executive Vice President and Chief Lending Officer, commented, “We are pleased to see our customer be honored with this national recognition. Heritage Bank has recently been named again as the Washington State Small Business Administration (“SBA”) Community Lender of the Year, the number one SBA 504 lender and received various other lender recognition awards for our contributions to small business lending. ”
Union Bank Strengthens Orange County SBA Lending Team
Industry veterans Harvey Torres, Greg Dill and Gwen Pickering join the bank’s growing SBA group
March 9, 2016 – Union Bank today announced that Harvey Torres and Greg Dill have joined the bank as vice presidents and business development officers for the Small Business Administration (SBA) lending group. In their roles, they offer financing solutions to small business owners with both the SBA and conventional business-use real estate lending programs. The SBA group also recently welcomed industry veteran Gwen Pickering as a sales associate to support Torres and Dill. The trio is based in Orange County, where each reports to Managing Director Kirsten “Didi” Hakes, head of the bank’s SBA Lending group.
“Our growth plans include increasing loan volume, and we’re expanding our SBA team to efficiently manage that growth and are thrilled to have Greg, Harvey and Gwen join our team,” said Hakes. “Their experience serving a wide variety of borrowers, combined with their extensive knowledge of SBA 7(a) and SBA 504 loan programs, enhances our dedicated SBA team as we continue to support small business owners throughout Southern California.” Business Banking plans to hire more than a dozen SBA business development officers by the end of 2016.
With two decades of experience, Torres has been a market leader in SBA and commercial real estate lending. Serving the Southern California market with a strong emphasis on Orange County and the Inland Empire, he most recently spent five years as a vice president of SBA lending for Bank of the West in Newport Beach. He also worked as a vice president for Plaza Bank based in Irvine and for CNL Commercial Finance of Mission Viejo (CNL subsequently evolved into Lehman Brothers Small Business Finance). While at Lehman Brothers, Torres had numerous responsibilities, from business development to ultimately serving as a senior vice president and chief sales officer. Torres began his career in real estate lending with Bank of America in 1996. An Orange County native, Torres earned a Bachelor of Arts in business administration with a finance emphasis from California State University, Fullerton.
Dill brings nearly 20 years of experience to his position and has also become a top advisor for SBA and commercial real estate lending throughout Orange County and the Inland Empire. Previously, he worked for Bank of the West, increasing the company’s SBA lending throughout Southern California, and also for Plaza Bank in Newport Beach. For more than five years, Dill lived and worked abroad throughout Europe, Latin America, Asia, and Africa. He also served as a capital markets manager at CNL Commercial Finance (subsequently Lehman Brothers Small Business Finance). Raised in Orange County, he serves on the board of the Greater Southern California Chapter for CCIM (Certified Commercial Investment Members) and is a member of the NAGGL (National Association of Government Guaranteed Lenders) Large Lender Committee. Dill holds a bachelor’s degree from Duke University and a master’s degree from MIT’s International Logistics Program in Spain.
For more than 20 years, Pickering has worked in the real estate industry, with an emphasis on SBA commercial real estate lending, title and escrow. Prior to Union Bank, she spent five years at Bank of the West, where she earned the coveted “Excellence Award” for three consecutive years while supporting the bank’s top producers. During the late 1990s, Pickering worked for The Money Store, handling processing and closing and later served as a sales associate, where she was instrumental in the success of various President’s Club recipients.
Terry Kemp Joins American Business Lending
September 21, 2015--American Business Lending, Inc., a Dallas based, non-bank participant in the Small Business Administration (SBA) 7(a) lending program, announced that Terry Kemp has been hired as Vice President of Business Development. Kemp will be based in Atlanta, Georgia, and will originate new SBA 7(a) loans on a national basis. Kemp has more than 25 years experience in SBA, residential and commercial banking operations for mid-to-large financial institutions and the federal government, as well as more than 10 years experience in credit analysis, financial modeling, commercial and residential underwriting and business development. Most recently, he served as President at TMI Finance Consultants in Marietta, Georgia, where he led consultation for clients seeking financing for commercial real estate owner-occupied business loans. “Terry is an outstanding loan originator for SBA - 7a, 504, commercial real estate, owner occupied and investment loans, condo and CMBS loans,” said ABL CEO Charlie Bell. “We are pleased to add such a well-rounded, experienced and successful professional to our team at American Business Lending." Kemp earned a BA in Economics and Government from Oberlin College, a Masters in Public and Private Management from Carnegie-Mellon University and currently holds a certificate from the Harvard Law School Program on Negotiations.
Pinnacle Bank Hires the Dynamic SBA Team of Brad Lebsack and Rebecca Wang
September 8, 2015--Pinnacle Bank announced today the hiring of Brad Lebsack as senior vice president, SBA senior relationship manager and Rebecca Wang as vice president, SBA loan officer. "We are so pleased that Mr. Lebsack and Ms. Wang have joined the Pinnacle Bank Team. Brad and Rebecca bring a strong SBA expertise, outstanding performance history and an extensive network. We look forward to partnering with them as we take our SBA lending to the next level," stated Susan K. Black, President and Chief Executive Officer. Mr. Lebsack has been in banking for over 27 years. Prior to joining Pinnacle Bank, Brad held vice president positions at Pacific Bay Bank and Valley Community Bank in the East Bay. In 2007 Brad joined Focus Business Bank as a senior vice president and SBA department manager. He was responsible for starting their SBA division and he managed a portfolio of over $150 million. Mr. Lebsack attended Humboldt University and earned a degree in Finance. Ms. Wang began her career at Bridge Bank as a credit analyst. In 2006 she became a senior credit analyst/underwriter with United Security Bank (Legacy Bank). In 2007 Rebecca joined Focus Business Bank as assistant vice president, SBA and commercial loan offer. Ms. Wang graduated from Menlo College with a degree in International Business Management. "We are excited to be working with the banking professional at Pinnacle in expanding the existing SBA loan program and providing SBA guaranteed financing throughout the community," stated Brad Lebsack.
Scott Coleman Joins Fidelity Bank as SBA BDO
September 3, 2015--Fidelity Bank is pleased to announce that SBA loan expert Scott Coleman has joined the company as SBA Business Development Officer. In his new role, Coleman is responsible for business development efforts in the Greater Atlanta area. Scott Coleman Fidelity BankColeman brings more than 20 years of experience in Commercial, SBA and USDA lending. His commercial expertise includes government lending, commercial lending, business development, and underwriting. Throughout his career, he has dealt with small business owners in the areas of SBA lending, commercial real estate and equipment finance. Before joining Fidelity Bank, he served as Vice President, Small Business Lending at Square 1 Bank. Previously, he served in different business development roles, including as Business Development Officer at Quantum National Bank; and Vice President, Business Development both at Onyx Capital Group and Wells Fargo. He has had other leadership roles at Banco Popular, JPMorgan Chase, and IBM. Coleman obtained a Bachelor of Science degree in Finance and Marketing from the Lindner College of Business at the University of Cincinnati. He is a member of the Georgia Lender’s Quality Circle and is a board member for Georgia Certified Development Corporation.
Seacoast Commerce Bank Names Nancy Russell SBA BDO
August 25, 2015--Seacoast Commerce Bank announced the hiring of Nancy Russell as Senior Vice President and Small Business Administration Business Development Officer. She will be based in the Bank’s office in Glendale, California. Nancy Russell Seacoast Commerce BankRussell brings more than 29 years of SBA experience, with an extensive background in generating new SBA loans, both commercial 7A loans and owner occupied 504 first trust deed real estate loans. She has worked with small businesses, primarily in Orange and Los Angeles Counties and the Inland Empire, in facilitating the acquisition, development, and refinancing of their commercial real estate properties. Prior to joining Seacoast Commerce Bank, she served Wells Fargo in a similar position. She also held leadership roles in the SBA Lending divisions at Argent Bank (formerly Commerce National Bank), and Comerica Bank, where she won the U.S. Small Business Administration 2008 Financial Services Champion of the Year Award. “Nancy is a real pro with a tremendous knowledge of the SBA 7(a) Program. She has advocated for small businesses throughout her career and has been an outstanding producer of SBA loans, specifically for small business owners who want to buy, construct, refinance or expand their own facility,” stated David H. Bartram, Executive Vice President, Chief Operating Officer, and SBA Division Manager. Russell earned a bachelor’s degree in Business Administration, with Honors, from the California State University, Fullerton.
John Coad Named National Sales Manager for Wells Fargo SBA Lending
August 25, 2015--Wells Fargo announced today that John Coad has been named national sales manager for SBA Lending. A senior sales leader with 30 years of experience in commercial lending, including SBA lending and small business leadership roles at GE Capital, Coad will lead a national sales team of SBA lending professionals and help drive growth for a line of business that has been America’s No. 1 SBA 7(a) lender in dollars for six consecutive years (U.S. SBA, federal fiscal years 2009-2014). He will be based in New York and report to Donna Serres, head of Wells Fargo SBA Lending. “I am happy to welcome John to the SBA Lending team, and to Wells Fargo,” said Donna Serres. “With a proven track record and exceptional sales and management experience, I know he will be instrumental in helping us serve the small business community and as a result, earn more business and build on Wells Fargo’s reputation as a leader in SBA lending.”
Bank of the West Strengthens its Retail Banking Group with Strategic SBA Business Developer Hires
Bank of the West announced today the addition of three new Small Business Administration (SBA) Business Development Officers in its Retail Banking Group in California. "The addition of these experienced business development officers demonstrates Bank of the West's commitment to helping small businesses owners achieve their dreams," said Don Mercer, senior vice president, SBA National Sales Manager at Bank of the West. "We are very excited to welcome our new team members who embrace the bank's client-first approach."
Eric Li – Vice President, SBA Business Development Officer
Li joined the bank as vice president, SBA business banking officer in Los Angeles. In this role, Li is responsible for providing SBA 504 and 7 (a) loans to small- and medium-sized business clients in the Pac Rim Market of Los Angeles. With more than 10 years in the banking industry, Li has experience in SBA commercial, commercial construction, commercial & industrial and small business lending. Li received his bachelor of arts degree in International Studies from Indiana University and currently resides in Los Angeles.
Ron Short – Vice President, SBA Business Development Officer
Short joined the bank as vice president, SBA business banking officer in San Jose. In his role, Short is responsible for providing SBA 504 and 7(a) loans to small-and medium-sized business clients in the San Francisco Bay Area. Short has more than 22 years of commercial real estate industry experience in SBA and conventional lending, including 14 years of direct SBA lending experience. Most recently, Short was a senior vice president for SBA business lending at California Bank and Trust in Cupertino. A resident of Los Gatos, Short received his bachelor of arts degree in Business Economics from the University of California, Santa Barbara.
Jeremy Wilson – Vice President, SBA Business Development Officer
Wilson joined the bank as vice president, SBA business development officer in San Jose. In this role, Wilson will provide SBA 504 and 7(a) loans to small- and medium-sized business clients in San Diego and the surrounding areas. Wilson has more than 16 years of commercial real estate industry experience in SBA and conventional lending. He received his bachelor of science degree in Business Management from California State University, San Marcos and resides in Vista.
Scott Keasel Joins American Business Lending
July 31, 2015--American Business Lending, Inc., a Dallas based, non-bank participant in the Small Business Administration (SBA) 7(a) lending program, announced that Scott Keasel has been hired as Vice President of Business Development. Keasel will be based in Columbus, Ohio, and originate new SBA 7(a) loans on a national basis. “Scott has more than 20 years of successful commercial lending experience under his belt, the last 12 of which have been focused exclusively on SBA lending,” said ABL CEO Charlie Bell. “With his experience serving in various positions across the industry, we know Scott will become an invaluable asset to our team, and an outstanding resource to our customers.” Keasel began his career in equipment finance for a non-bank financing company in Chicago and most recently worked for a national SBA lender originating SBA 7(a) loans for small business owners throughout the country. A 1993 graduate of Ohio State University, Keasel earned a bachelor’s degree in journalism with a minor in economics. In 2003, he obtained an MBA with a focus in finance from Franklin University.
Chris Hatcher Joins American Business Lending
July 31, 2015--American Business Lending, Inc., a Dallas based, non-bank participant in the Small Business Administration (SBA) 7(a) lending program, announced that Chris Hatcher has been hired as Vice President of Business Development. Hatcher will be based in Cincinnati, Ohio, and originate new SBA 7(a) loans on a national basis. Hatcher has almost 10 years of SBA lending experience and more than 20 years of financial services industry experience. Most recently, he served as an SBA business development officer for Fifth Third Bank where he specialized in high-leverage financing for owneroccupied and special-purpose properties. Between 2012 and 2014, Hatcher booked close to $40 million in government-guaranteed loans. “Chris is a talented lending professional, with more than two decades of experience to add to our team,” said ABL CEO Charlie Bell. “We feel his knowledge of the SBA lending system and ability to meet the needs of customers will make him a successful member of American Business Lending." Hatcher earned a BBA from the University of Cincinnati, and an MBA from Xavier University. He is a lifelong resident of the Cincinnati area, and currently resides in Mariemont with his two children.
J.R. Bruno & Assoc Names Alex Liberchuk Senior Associate to Head Newly Re-Opened East Coast Operations
July 2015 – J.R. Bruno & Associates, a leading consulting firm to SBA and business lenders, has named Alex Liberchuk as senior associate to head the firm’s East Coast operations. J.R. Bruno has recently re-opened the office to better serve lenders on the East Coast. Based in New Jersey, he has primary responsibility for expanding JRB’s services to East Coast SBA and business lenders. Alex Liberchuk brings more than 15 years of financial services experience to J.R. Bruno. He has served in executive and senior management positions at several organizations including Citigroup and American Express and has held leadership positions with responsibility for business development, credit policy and risk management. “Alex Liberchuk is a consummate professional and a tremendous asset to our team,” said J.R. Bruno President Joanna Bruno. “His extensive background will be invaluable in assisting East Coast lenders of all sizes in setting up or expanding their SBA and business lending programs. And along with our JRB Team, he’ll be assessing current processes and portfolios for efficiency and credit quality enhancements.”
44 Business Capital Hires Hahn as BDO in Philadelphia
July 23, 2015--44 Business Capital LLC announced the hiring of Michael Hahn of Landenberg, PA as senior vice president and business development Officer for the Philadelphia market. Hahn has most recently served as vice president and business development officer for CapitalSource for the Greater Philadelphia area. A finance graduate of Penn State University, Hahn has held a variety of financial positions at US Bank, Merrill Lynch Business Financial Services and GE Capital. Hahn will be responsible for building relationships to support the small business community in the Philadelphia district of the Small Business Administration as well as throughout the Mid-Atlantic. more >
Kinderhook Bank Promotes Thomas Signor to Executive VP & COO
July 23, 2015--Kinderhook Bank Chief Executive Officer, John A. Balli announced today that Thomas H. Signor, has been promoted to Executive Vice President and Chief Operating Officer. “Tom consistently demonstrates the values, work ethic, and teamwork that make Kinderhook Bank a leader in providing solutions for our customers,” said Balli. “The growth story of Kinderhook Bank would not be possible without Tom’s substantial contributions,” he added. Signor, a Certified Public Accountant and a graduate of Siena College, has been at Kinderhook Bank for over twelve years, beginning as internal auditor and most recently serving as Senior Vice President of Operations and Technology. Prior to joining the Bank he was at Pattison, Koskey, Howe, and Bucci, CPAs P.C. for thirteen years.
Dana McGill Joins Celtic Bank’s SBA Lending Team
July 22, 2015--Celtic Bank announced that Dana T. McGill has joined the company as Vice President of Business Development in its SBA and Commercial Lending Department. In her new role, McGill is responsible for increasing Celtic Bank’s SBA loan production in the Greater New York area. She is based in Hoboken, New Jersey. Dana McGill Celtic BankMcGill joins Celtic Bank from AIG in New York City, where she served as a Senior Manager. With AIG, she worked on the CCAR Central Reporting Team whose focus was on developing and implementing a robust Comprehensive Capital Analysis & Review (CCAR) process for the company. more >
Adam Cheng Joins Celtic Bank's SBA Lending Team
July 15, 2015-- Celtic Bank is pleased to announce that Adam Cheng has been hired as Vice President of Business Development in the bank's SBA and Commercial Lending Department. Adam will be based in Houston, Texas. Adam joins Celtic Bank with more than 10 years of SBA and commercial lending experience. Adam began his banking career as a Credit Analyst for a community bank in Houston, Texas. Most recently, Adam worked as a Vice President/SBA Marketing Manager for an independent community bank in Atlanta, Georgia. "Celtic Bank as a business entity is in high growth mode, which is the main reason I want to join this winning team," said Adam. "I believe my future prospects at Celtic Bank will be both rewarding and exciting." "Adam's background in SBA and commercial loan underwriting and business development makes him a valuable addition to our team," said Chris Nalley, Senior Vice President of SBA Lending at Celtic Bank. "We are excited to have Adam on board and look forward to increasing our SBA loan production in the Greater Houston area."
Seacoast Commerce Bank Funds $3.75 Million SBA Loan for Austin, TX, Small Business
July 15, 2015--Seacoast Commerce Bank, a wholly owned subsidiary of Seacoast Commerce Banc Holdings, today announced that it has funded a $3.75 million U.S. Small Business Administration ("SBA") 7(a) guaranteed small business loan to KSY Enterprises to expand its restaurant operations at 7858 Shoal Creek Blvd. in Austin, Texas. KSY Enterprises, based in Austin, is owned by Suzi K. Yi who has operated Suzi's China Grill at the location for 20 years. The SBA 7(a) loan that was provided to Yi has 25-year guaranteed financing, and allowed KSY to refinance and renovate the existing restaurant, open a new concept, named Pizza Rebel, as well as lease 4,400 square feet to a new tenant, Sleep Experts, at the 1.02-acre site encompassing 10,800 square feet. The renovation of Suzi's China Grill and opening of Pizza Rebel will provide approximately 25 new jobs, according to Yi. "This new financing truly helps us grow our business and I especially want to acknowledge the work of Frank Seely, our restaurant construction consultant, for bringing this project together and connecting us with Seacoast Commerce Bank," Yi said. The SBA financing was arranged by Seacoast's Jim Wilkie, CCIM, senior vice president and business development officer. Wilkie provides SBA financing services to small businesses throughout south Texas.
George Taylor Joins American Business Lending
July 14, 2015--American Business Lending, Inc., a Dallas-based, non-bank participant in the Small Business Administration (SBA) 7(a) lending program, has announced the addition of George Taylor to its executive lending staff. Taylor joins ABL as Senior Vice President - Business Development and will be based out of Denver, Colorado. He will join ABL’s business development officer (BDO) network, spread across most of the United States. Taylor’s primary role will be assisting businesses across the U.S. in acquiring SBA loan products under SBA’s Preferred Lender program. “Because of his extensive SBA lending and banking leadership experience, George will be an extremely knowledgeable and valuable addition to our team,” said ABL CEO Charlie Bell. “George has been directly responsible for underwriting, processing, closing and servicing hundreds of SBA loans in the past, and we know that he will be able to understand what our business customers need and how to best help them achieve their goals.” Taylor comes to ABL with more than 38 years of financial industry experience, including leading SBA lending efforts and overall operations at six banking institutions. This professional has been instrumental in assisting a previous employer in earning the title of number one SBA lender in the State of Colorado for three consecutive years. Taylor earned his BSBA with Honors in Finance and his MBA from the University of Florida in Gainesville, and is a long-time member of the Alternate Funders Association, Denver Metropolitan Commercial Association of Realtors and is a former president of the Colorado Association of Government Guaranteed Lenders.
Kinderhook Bank Hires James A. Murphy as Senior Vice President & Senior Creidt Officer
July 8, 2015-- Kinderhook Bank Chief Executive Officer, John A. Balli announced today that James E. Murphy has been hired as Senior Vice President and Senior Credit Officer. “Jim’s credit and management skills are well-known and respected in the Capital Region and beyond,” said Balli. “We are fortunate to have someone with Jim’s leadership experience and credit expertise to be part of our growth,” he added. In this role, Murphy will support the commercial lending teams with underwriting, credit approvals and portfolio management in the Bank’s greater Capital Region markets including Columbia, Rensselaer, and Albany counties. He will be based in the Bank’s credit administration offices at 20 Corporate Woods Boulevard in Albany. Murphy has 35 years of experience in commercial lending and prior to joining Kinderhook Bank; he was Senior Vice President and Chief Credit Officer for NBT Bank. Previously, he was Senior Vice President and Credit Executive for JP Morgan Chase Bank overseeing that company’s Albany, Syracuse and New England markets. A resident of East Greenbush, Murphy has a bachelor’s degree from Siena College and an MBA from Russell Sage College. He has served on the board and audit committee of the Empire State Development Corporation and the board of Catholic Charities in Albany. Murphy also is a former adjunct professor teaching in the MBA program at Russell Sage College.
David Green Joins American Business Lending
June 1, 2015-- American Business Lending, Inc. (ABL), a Dallas-based, non-bank participant in the Small Business Administration (SBA) 7(a) lending program, has announced the addition of David Green to its executive lending staff. Green joins ABL as Executive Vice President – SBA Loan Production and will be based out of Dallas, TX. His primary role will be to expand ABL’s nationwide BDO network, including the hiring of 6-9 BDOs in the next six months. “David will be a very valuable asset to ABL, bringing a wealth of knowledge of the small business industry and SBA”, said ABL CEO Charlie Bell. “His professionalism, knowledge and passion for SBA lending will greatly contribute to raising ABL’s prominence in the SBA industry on a nationwide level. Green comes to ABL with more than 30 years of financial industry experience. Several positions focused on SBA lending as well as the management of those institution’s SBA programs. Green is a long time Board Member of NAGGL the national trade association for the SBA Industry.
ReadyCap Lending, LLC, Appoints John Moshier as President
June 19, 2015-- ReadyCap Lending, a nationally recognized SBA lender and subsidiary of ReadyCap Commercial, LLC, announced today that it has hired John E. Moshier as President of the company, effective immediately. Moshier has held executive roles focused on the delivery of SBA loans and solutions, as well as small business relationships, since 2000. He has also served in the United States Army and Ohio National Guard. "We are excited to welcome John to his new post, and confident that his exemplary record in leadership, risk management and national SBA lending make him the ideal president to lead ReadyCap Lending now and into the future," said Jim Going, CEO of ReadyCap Commercial, LLC. "In addition, John's experience in serving our country is an invaluable asset to our Veterans Community Development program, which is dedicated to providing resources and access to start-up capital for military veteran entrepreneurs and business owners, in partnership with the SBA." John Moshier commented, "I am thrilled to join ReadyCap Lending, and look forward to leading and working with our experienced team of professionals to help entrepreneurs obtain the financing solutions they need to grow their small businesses. These businesses make up the neighborhoods and communities across our country that fuel growth in our economy; it's incredibly rewarding to be a part of that process as an SBA lender."
44 Business Capital Surpasses $200MM Mark in SBA Loans
May 26, 2015-- 44 Business Capital LLC has closed over $200MM in SBA loans since its inception in August of 2009. In 2014, 44 Business Capital closed 36 SBA loans for over $50 million to small businesses in the region and helped Parke Bank finish as one of the top SBA lenders in the Philadelphia District by loan volume during the SBA’s fiscal year. 44 Business Capital, headquartered in Blue Bell, Pennsylvania is the exclusive Lender Service Provider to Parke Bank which participates in the U.S. Small Business Administration's 7a loan program giving small businesses greater access to capital. Recent loans range from $500,000 to $5,000,000 providing financing for debt restructuring, real estate and business acquisitions. more >
Celtic Bank Is Named Utah's Top Dollar Volume SBA Lender
May 20, 2015--Celtic Bank has been recognized by the U.S. Small Business Administration and the SBA Utah District Office as the Top Dollar Volume Lender in Utah for FYE 2014. Celtic Bank was presented with the award during the Utah Small Business Awards luncheon hosted by the SBA Utah District Office on May 5, 2015. Celtic Bank is currently the 6th largest SBA lender in the nation for FY 2015. "We are thrilled to receive this award," said Wade Newman, President of Celtic Bank. "Small business is the lifeblood of the U.S. economy and Utah continues to be one of the friendliest states in the nation for small business. It is exciting to work for a company that is committed to helping small business owners throughout Utah and the nation to achieve their entrepreneurial dreams. I am proud of our business development professionals, underwriters and operations teams who consistently deliver exceptional customer service to our small business borrowers."
Heritage Bank named SBA's 2014 Washington State Community Lender of the Year
May 12, 2015--Heritage Financial Corporation (Nasdaq: HFWA), the parent company of Heritage Bank, announced that Heritage Bank, was named the 2014 Washington State Small Business Administration ("SBA") Community Lender of the Year during the SBA Annual Small Business Awards Gala held on April 30, 2015. more >
The Bancorp Welcomes Newest SBA Lender to Austin
April 30, 2015--The Bancorp Bank is pleased to welcome Bob Hernandez as a Vice President, Business Relationship Officer to its Government Guaranteed Lending team in Austin, Texas. The addition of Hernandez is part of the company’s expansion of its national footprint to assist small business owners in the local markets and beyond. Bob Hernandez The Bancorp BankHernandez brings 35 years of experience, primarily in the SBA and commercial banking industry, to his new role. Throughout his career, he has assisted corporations and small business owners obtain the financing needed to acquire, expand, or refinance. more >
Newtek Acquires the Talent of Gary T. Taylor as President and Chief Operating Officer of Newtek Business Credit
April 27, 2015--Newtek Business Services Corp., an internally managed business development company, today announced that it has acquired the talent of Mr. Gary T. Taylor. Mr. Taylor will join Newtek Business Services Corp. as President and Chief Operating Officer of Newtek Business Credit, one of the Company's wholly owned portfolio companies which provides receivable financing, revolving lines of credit and billing management services. Taylor has over 30 years' of extensive experience in lending, commercial/investment banking, specialty and structured finance, process improvement, credit operations, technology integration and portfolio management. more >
BBVA Compass opening doors to Main Street with educational small business series
April 16, 2015--BBVA Compass is opening doors to Main Street, launching its Great Ideas for Small Business Social Series this morning in San Antonio to give small business owners the opportunity to network with other entrepreneurs and learn from industry experts. more >
BBVA Compass receives financial education innovation award from Nasdaq, EverFi
April 15, 2015-- BBVA Compass was honored this week with the Innovation in Financial Education Award by Nasdaq and EverFi for its significant efforts to improve the financial capability of young Americans. "Teaching young people how to manage their money and understand the calculus of a good financial decision is one of our most important obligations," said BBVA Compass Chairman and CEO Manolo Sanchez. "We've used EverFi's program to give nearly 44,000 students, many of them in low-income school districts, the knowledge they need to build better futures." more >
Which NYC bank offers the most SBA loans? It’s not the answer you’d expect
April 14, 2015 -- Ask most people on the street which bank in New York provides the largest outlay of Small Business Administration loans, and you’d expect to hear JPMorgan Chase, Bank of America or Citibank. But the largest provider of federally-backed SBA loans in New York is a little-known community bank based in Flushing, Queens called NewBank. In 2014, NewBank lent $150 million in SBA-backed loans in the New York City metro area compared to Chase, the second-biggest lender with $53 million in loans. About 80 percent of the capital went to New York City based businesses and 20 percent to New Jersey. more >
Joan Earhart’s SBA Team Moves to HomeStreet Bank
April 1, 2015 - HomeStreet Bank, an SBA Preferred Lender, is pleased to announce the addition of an award-winning team specializing in U.S. Small Business Administration (SBA) lending as the Bank expands its commercial lending efforts into California. Joan Earhart HomeStreet BankThe nine-person team, headed by Joan Earhart, SBA’s 2013 Region IX Financial Services Champion, recently was recognized as 2014 Top Community Bank Lender by CDC Small Business Finance, the nation’s number one SBA 504 Certified Development Company. Earhart’s team will provide SBA 7(a) Business and Real Estate loans and Contract Financing, as well as 504 Real Estate and Equipment loans, to small- and medium-sized businesses throughout California. They will be based in Orange County. more >
Laurel McNamara Joins Small Business Finance
Laurel McNamara has joined Small Business Finance as a business development officer to provide SBA financing to small businesses throughout Arizona and Nevada. Prior to joining Small Business Finance, McNamara worked as a small business banker for Washington Federal in Phoenix. In prior years, she worked for Arizona Bank & Trust, U.S. Bank, MB Financial Bank and TCF Bank in Illinois. For Small Business Finance, McNamara will collaborate with existing loan officer Christopher Bane to provide small businesses access to a variety of SBA financing products, including Community Advantage loans up to $250,000 and microloans, up to $50,000. Small Business Finance leads the nation in providing SBA-504 loans, designed to help small businesses entrepreneurs purchase a commercial/industrial building or large equipment.
Liberty SBF Closes On $1.1MM SBA 504 Loan For a Hotel Acquisition in Palm Springs, CA
Certified Development Company brings bank turndown deal to Liberty SBF because of its reputation for listening to a borrower’s business plan. Los Angeles, CA – Liberty SBF, a full-service commercial real estate finance company, recently provided a $1.1MM first lien SBA 504 Loan from its own balance sheet for the acquisition of a 24-room, 33,330 square-foot, non-flagged hotel in Palm Springs, CA. Liberty SBF also provided an interim second lien loan so the borrowers could quickly close while waiting for the second lien that will be provided by a Long Beach, CA-based Certified Development Company (CDC). more
How Can A Startup Get An SBA Loan? An Interview With Kurt Chilcott
Kurt Chilcott is the CEO/President of CDC Small Business Finance. This non-profit organization is involved in operating several different loan programs for small businesses, including two programs that actually provide loans to start-ups! The following Q&A is based on my notes from my interview with Kurt Chilcott, however, they are not his exact words. more
AVANA Capital Taps Matt Hunt as Chief Credit Officer
March 17, 2015--Matthew Hunt, a known leader in SBA lending and a demonstrated risk manager, will join the AVANA Capital team this month. Hunt is coming to AVANA from Zions Bank in Utah, one of the top SBA 504 lenders in the country. He will help oversee AVANA’s growing portfolio and new wholesale lending program and manage over $1 billion in SBA 504 volume based on commitments received from global credit funds. Hunt brings years of expertise in commercial real estate lending with Zions Bank’s National Real Estate Group in Salt Lake City, Utah. As senior vice president, he managed all aspects of the bank’s national commercial real estate lending business, including loan pricing, loan production, credit underwriting, construction lending, loan documentation, loan servicing, portfolio risk grading, budgeting and regulatory compliance. more
Unity Bank Promotes Debbie Godt to SBA Business Development Manager
January 22, 2015 – Unity Bank has promoted Debbie Godt to Small Business Administration (SBA) Business Development Manager, responsible for the bank’s growing SBA lending portfolio within the federal financing program. Godt previously served as Vice President/SBA Business Development Executive and has over 25 years of banking, accounting and finance experience. “Debbie deserves much of the credit for the growth of our SBA portfolio so this promotion is well deserved,” said Unity Bank President & CEO James A. Hughes. “She has helped us build strong referral relationships throughout our SBA service area. We are committed to providing the communities we serve with a growing SBA program that provides our shareholders with a strong return on their investment.”
Rocco Perate Joins Beneficial Bank to Lead New Government Guaranteed Lending Group
January 21, 2015 – Beneficial Bank, the oldest and largest bank headquartered in Philadelphia, announced today that it has hired Rocco Perate as Senior Vice President and Director of its new Government Guaranteed Lending Group. This department will provide customers with government guaranteed financing to maintain and improve their business operations. In this role, Perate and his team will provide government-backed SBA 7(a), 504 and USDA loans to customers within the bank's lending footprint. Additionally, he will work closely with Beneficial Bank’s relationship managers and commercial and real estate lenders to enhance the array of loan products available to bank customers. “We’re dedicated to supporting businesses with the capital they need to grow and expand their operations,” said Gerard P. Cuddy, President and CEO of Beneficial Bank. “Under Rocco’s leadership, the new Government Guaranteed Lending Group is another way we’re doing what’s right for our customers, and helping them find the best financial solutions to meet their needs.”
Shahe Mazbanian Joins SBA Lending Team for Union Bank Business Banking
January 7, 2015 – Union Bank today announced that Shahe Mazbanian has joined the company as a business development officer for the Business Banking group’s Small Business Administration (SBA) lending team. Mazbanian is responsible for providing lending solutions to small business owners through SBA and other government loan programs, and for identifying and developing new client relationships primarily for the Los Angeles region. Based in Los Angeles and Glendale, he reports to Managing Director Kirsten “Didi” Hakes, who heads the bank’s SBA lending team. “We are excited to have Shahe join our growing SBA lending team,” said Hakes. “His financial industry experience and strong SBA lending background will be an asset in enhancing existing client relationships and building new ones with business owners throughout the Greater Los Angeles region.”
Karen Bricken Promoted
January 6, 2015 - Karen Bricken was promoted to senior vice president, SBA Administration at USAmeriBank, Tampa Bay’s number one SBA Lender in 2013. Bricken helped start USAmeriBank’s SBA department when she joined the bank in 2011. In just three years, they have grown the program from $0 to $70 million. “The past few years with USAmeriBank, starting and growing the SBA program from scratch, has been a very exciting time,” said Bricken. “I look forward to continuing our work and growing the program even more in this new role.”