Coleman Thursday’s Movers and Shakers
December 11, 2014
By Bob Coleman
Editor, Coleman Report
Midwest Regional Bank Opens Arizona Office with Steve Johnston
“We have established ourselves as the premier SBA Lender in the Midwest by streamlining the SBA loan application process and creating a highly-specialized team of SBA professionals”, says Mike Bender, President and CEO. “We are now actively pursuing lending opportunities in the Phoenix area — real estate, business acquisition, working capital, lines of credit, and construction.
“The bank handles all SBA-eligible transaction types, including special purpose, such as hospitality, gas station/convenience stores, car washes, and start-up business opportunities.”
To head this new office has hired SBA expert Steve Johnston. Steve has been in the industry for over 18 years and has held senior management positions for both national and regional banks. He has originated and closed over $350 million in SBA business and real estate transactions. Steve can be reached at (480) 363-6174 or sjohnston@mwregionalbank.com.
Bill Freed Named VP or Servicing for CDC Small Business Finance
Bill has a long career in commercial lending including credit administration, loan work-outs, leading Special Assets teams and managing portfolios. He worked most recently for AnchorBank in Wisconsin and has also worked for Wells Fargo, America First Federal Credit Union and First Security Bank. His charge at CDC Small Business Finance will be to create and implement best practices for all areas of loan portfolio management as well as undertake servicing actions in CDC’s growing portfolio of SBA 504 loans, Community Advantage loans and Microloans.
Virginia Wylly Joins Newtek’s as Senior Counsel for SBA Lending
Congratulations!
Upcoming Small Business Lending Conferences
2015 Southeastern Small Business Lenders Conference, February 23-25, Augusta, GA
National Alliance of Commercial Loan Brokers Annual Commercial Loan Broker Conference, March 8-10, Las Vegas