March 25, 2021
Coleman Movers & Shakers – Mike Sandusky, Greg Gala, and Chris Henricks
Mike Sandusky joins First Bank of the Lake’s Government Guaranteed Lending Team
“Mike is a dynamic and knowledgeable lender with years’ of experience,” says Annemarie Murphy, Executive Vice President at First Bank of the Lake. “He brings proven success and his extensive expertise in both USDA and SBA lending is a true asset to First Bank of the Lake.”
Michael (“Mike”) R. Sandusky has joined First Bank of the Lake’s Government Guaranteed Lending team as Senior Vice President, Community Partners Sales Manager. In this role, Sandusky will be responsible for managing and directing activities to create USDA and SBA Loan opportunities for under- served markets.
Sandusky has over 45 years of experience in senior and executive management in the Commercial Banking industry and 25 years of USDA and SBA lending experience.
“With my extensive background, I understand the complex ins and outs of UDSA and SBA lending,” says Sandusky. “I am ready to help businesses in under-served markets get the financing they need to thrive.”
Sandusky is located in Lexington, South Carolina.
Greg Gala Joins Ready Capital’s Small Business Lending Team as VP, Business Development Officer
Prior to transitioning to a lending role, Gaurang “Greg” Gala owned and operated his own small business c-stores that were co-branded with proven food service vendors like Subway and Burger King. As a business owner, Gala applied for and obtained an SBA 7(a) loan in the 2000’s. This experience led Gala to start a career in SBA lending to help other American small business owners gain access to capital.
With over 5 years of SBA lending experience, Gala has now closed over $100 million in production over his tenure working for community banks in the Carolinas and First Internet Bank of Indiana.
Gala specializes in mostly owner-occupied CRE for special uses such as Gas stations, Hotels, Liquor stores, Child Care Facilities, Funeral Homes and Self-Storage. He enjoys helping clients achieve their goal of small business ownership and entrepreneurship and is very passionate about SBA
Ready Capital Welcomes Chris Henricks to its Small Business Lending Team as VP of SBA Lending
Chris Henricks has dedicated his entire professional career to learning the ins and outs of SBA lending. He brings to Ready Capital over 5 years of SBA lending experience and has been successful in using his credit knowledge to come up with unique solutions and structures for complex deals.
Prior to joining Ready Capital, Henricks served as an Assistant Vice President and regional SBA lender for Veritex Bank, where he was a top producer and an integral part of their success. He has also worked for First United Bank Denton, Texas, where he served as an SBA underwriter and business development officer.
At Ready Capital, Henricks specializes in Owner-Occupied Commercial Real Estate, Special Use Properties, Childcare Centers, and Change of Ownership transactions.