October 24, 2013
By Bob Coleman
Editor, Coleman Report
Thomas Zernick Named Florida market president for Stearns Bank
Thomas Zernick, formerly director of SBA lending and senior vice president at HomeBanc, has managed more than $500 million in Small Business Administration loan production, and will bring that expertise to Stearns, a $1.6 billion Saint Cloud, Minn.-based bank with three locations in the Tampa Bay area.
“We’ll take our Florida commercial lending team and reach out to centers of influence – commercial Realtors, CPAs, business brokers, business attorneys – and tell them about the benefits of SBA lending,” Zernick said.
“We may not be as big as SunTrust or Wells Fargo, but we service clients and cater to their needs. That’s how we will win deals and grow market share,” he said.
William Marin is an experienced franchise owner. He has owned 14 Subway restaurants and currently owns the only Quiznos Sub restaurant in Corpus Christi. He also now owns the Popeye’s Chicken restaurant in Alice which has the highest sales in the western United States. With this outstanding restaurant experience, William was still always looking for another good business opportunity.
He came to Larry Ellis, his business consultant at the Del Mar College Small Business Development Center (SBDC) with another franchise opportunity.
Larry Ellis helped William with a business plan, financial projections, and all the details for a SBA 504 loan to open his new restaurant. Kleberg Bank did the financing for him. He purchased an existing building and renovated it into a new Papa John’s Pizza in a perfect location in Alice.
William says “his new restaurant would not have been possible without the help of Larry Ellis at the SBDC.”
Small Business Lending Conference Update
American Banker Small Business Lending Conference, New Orleans, Oct 28-30
NADCO Region 1-7 Conference, Clearwater, FL, Oct 31-Nov 2
NAGGL Annual Conference, Palm Desert, Nov 5-7
Restaurant Finance & Development Conference November 4-6
Alternative Investments & SBA/USDA Lending Seminar, Dallas, Nov 19-20
Where Main Street Meets Wall Street, 6th Annual SBA Secondary Market Forum, December 3, Washington D.C.
14th Annual Rural Lender’s Retreat, December 4, Washington D.C.
Coleman’s 3rd Annual Fresno SBA Loan Servicing Workshop, December 9, Fresno
Coleman’s 5th Annual Herndon SBA Guaranty Purchase Workshop, January 23, 2014, Herndon
Southeastern Small Business Lenders Conference, Reynolds Plantation, GA, Feb 9-11
Send your movers and shakers announcements with a pic to bob@colemanreport