March 5, 2020
By Caity Witucki
Contributing Editor, Coleman Movers & Shakers
Coleman Movers & Shakers — Bryson Patterson, Capital CDC, Mike Shepston, and Pursuit
Bryson Patterson Become SBA Deputy District Director
The U.S. Small Business Administration is pleased to announce that Bryson Patterson has been promoted to South Dakota Deputy District Director.
Patterson has served the SBA for nearly 12 years. Prior to his promotion, he was an SBA Export Finance Specialist for 8 years, specializing in the SBA Export Loan Program. In his new role, Patterson will be responsible for promoting small business resources across South Dakota including access to capital, counseling and training, government contracting, and disaster relief.
“Bryson is an exceptional employee at the Small Business Administration,” says Bruce Purdy, Deputy Director of SBA HUBZone. “His strong work ethic, diligence to assist others, and overall desire to support the small business community is exceptional. I had the honor of first interviewing Bryson for a position as a Presidential Management Fellow and was so impressed with his skills and positive and professional attitude that I knew he was the right fit for SBA.”
Capital CDC Appoints New Board President and Vice President
Capital CDC is pleased to announce the appointment of Gary Henderson as the new Board President and Paul Reade as Vice President of Capital CDC’s Board of Directors. Both Henderson and Reade will serve two-year terms in their new roles.
Gary Henderson has served on the Capital CDC board for the last 8 years. He has been in the banking industry in Houston for 36 years and has spent the last 20 years in SBA Lending. Gary is employed with Houston-based Allegiance Bank, as an Executive Vice President, and oversees the Bank’s SBA loan program. He currently serves as Treasurer for the Houston Association of Government Guaranteed Lenders (HAGGL).
Paul Reade has served on the Board of Directors for Capital CDC for the last 6 years. Paul’s 30-year career in SBA Lending began in Southern California and has continued in Houston with various banks over the last 26 years. In his current role as Executive Vice President of SBA Lending at Community Bank of Texas, Paul and his team are responsible for originating new SBA loans and managing an existing SBA loan portfolio of approximately $45 million.
Union Bank names Mike Shepston to SBA BDO position
Mike Shepston joins Union Bank with 15 years of experience in the financial services industry, the majority of it serving small business clients.
Shepston is the latest hire fueling Union Bank’s SBA market expansion in Arizona and brings significant local experience. Most recently, Shepston was with Live Oak, where he specialized in owner-occupied commercial real estate and business acquisitions in the Phoenix market. Prior to that, Shepston was at Bank of the West and Wells Fargo serving small business clients in-market.
“Union Bank believes that small businesses are the economic lifeblood of our communities and is excited to announce that Mike Shepston has joined our SBA team as a Business Development Officer in the Phoenix region,” says Kirsten Hakes, Managing Director, Head of SBA and Government Lending.
“Mike’s extensive knowledge of Small Business Administration financing, coupled with his excellent track record of fostering meaningful business relationships in the commercial real estate community, will help Union Bank further its mission to help small business owners in Arizona grow and create jobs,” adds Steve Doss, SBA National Sales Manager.
New York Business Development Corporation and Affiliates Rebrand as Pursuit
Leading business lender, New York Business Development Corporation (NYBDC), along with affiliates Excelsior Growth Fund and The 504 Company, are celebrating their rebrand as Pursuit. After announcing the impending changes last year, the organization officially rebranded and unveiled their new website last week.
“Our organizations have always worked together to provide the best lending solutions for our borrowers and will continue to do so,” says Pat MacKrell, President and Chief Executive Officer of Pursuit. “This rebrand allows us to go to market together, enhancing our ability to provide the most advantageous loan option to our clients, while simplifying our process.”
Together, NYBDC, The 504 Company, and Excelsior Growth Fund directly offer more than 15 loan products, making it possible for businesses to qualify for affordable loans from $10,000 to $5 million. Pursuit currently serves businesses located in New Jersey, New York, and Pennsylvania.
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