March 17, 2016
By Bob Coleman
Editor, Movers and Shakers
Seacoast Commerce Bank Announces the Hiring of Michael Cosentino, Vice President and SBA Business Development Officer, in Reno, Nevada
“Michael is a great addition to our SBA Team and will develop our presence in Northern Nevada, complementing our Las Vegas, Nevada, loan production office. Michael is a real pro with a tremendous knowledge of the SBA 7(a) Program. His experience as a commercial real estate broker provides an additional dimension for his referral sources and small business owners that he will be assisting. He has been an outstanding producer of SBA loans, specifically for small business owners who want to buy, construct, refinance or expand their own facility,” says David H. Bartram, Executive Vice President, Chief Operating Officer, and SBA Division Manager.
Fountainhead Commercial Capital Expands Small Business Lending to Four New States
According to Chris Hurn, CEO of Fountainhead, the company has been eyeing expansion into these markets for the past year (Colorado, Kansas, Oklahoma and Texas) and is proud to deploy new resources to this area of the country. Funding through the 504 loan program enables business owners to receive long-term, below-market, fixed-interest rate loans at favorable terms.
Clarkston State Bank Announces the Addition of Barry Boozan as SBA Lending Specialist
“Barry is a great addition to our Commercial Lending team and his experience in SBA Lending will provide another financing alternative for our customers,” says J. Grant Smith President and CEO. “The Bank continues to look for lending opportunities in Oakland County as well as much of Southeast Michigan including Macomb, Livingston and Genesee counties.“
Small Business Lending Industry Calendar