February 12, 2015
By Bob Coleman
Editor, Thursday’s Movers and Shakers
Vinny Muratore Named Board Director and Executive Vice President of Capital Growth Solutions
Says CEO Gary Griffin of the Tennessee-based non-bank lender, “Adding Vinny is probably the most important step CGS has taken since its inception.
Vinny says, “This is the perfect marriage. My expertise and contacts in the 504 world combined with what I consider to be the best SBA 7a servicing platform out there, brings the best of both worlds together.”
Vinny will operate from a newly established office in Florida.
Beth Solomon Promoted to Vice President, Government Practice at U.S. Bank.
Former NADCO Chair Beth Solomon has been promoted to Vice President at U.S. Bank. She joined the bank six months ago.
Prospera Credit Union Names Mike Sanders as Vice President of Commerical Lending
Wisconsin-based Prospera Credit Union hires Mike Sanders as Vice President of Commercial Lending. Mike has more than 20 years of commercial lending and SBA experience, and 12 years of credit union experience.
Guidant Financial Partners With MultiFunding To Provide Comprehensive Financing Solutions For Franchisees
“This partnership will help us meet and exceed our goal of deploying $350 million in small business financing in 2015,” says David Nilssen, CEO of Guidant Financial. “Guidant and MultiFunding have developed a seamless process for working with franchisees at various stages of their company’s lifecycle. We’ve had great success through our initial tests to open stores and recapitalize those that need more ‘runway.'”
“MultiFunding is helping small businesses obtain financing in a more intelligent, strategic way,” says Ami Kassar, CEO of MultiFunding. “Together with Guidant Financial, we will provide more small businesses and franchisors with funding that works regardless of which stage of business they’re currently in.”
Guidant Financial helps entrepreneurs get access to capital – via rollovers for business start-ups (ROBS, SBA loans, unsecured loans and portfolio loans, among others – to help entrepreneurs acquire and initially grow their businesses. MultiFunding works with existing business owners and franchisors who desire to inject growth capital, refinance debts and/or deploy working capital.
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, NV
Western Pennsylvania Association of Government Guaranteed Lenders, Seven Spings, March 11-13
NADCO Loan Processing Symposium, March 12-13, Sacramento, CA
NAGGL SBA Lending Technical Conference, May 5-7, San Antonio, TX
2015 Mid-America Lender’s Conference, August 31 – September 2, Dallas, TX
2015 FLAGGL Annual Conference, September 16-18, Orlando, FL
2015 LEND360, October 13-16, Atlanta, Ga. More details to come!