August 11, 2016
Coleman’s Movers and Shakers — First Bank Announces the Launch of a National SBA Lending Division
By Bob Coleman
Editor, Coleman’s Movers and Shakers
First Bank Announces the Launch of a National SBA Lending Division
Stephanie Dunn has been named national sales manager for First Bank’s SBA Division. Dunn, formerly with Live Oak Bank’s funeral home industry lending team, will base her SBA lending development efforts in Wilmington, North Carolina.
Working with Dunn is Laura Petty, formerly a marketing professional with Live Oak Bank. Petty is now vice president and national marketing manager of First Bank’s SBA Division.
Dunn sees significant potential for First Bank in small business lending.
“The U.S. economy is driven by enormous corporations, yet our country was founded by small business owners with an entrepreneurial spirit,” says Stephanie. “For 17 years, I have been passionate about lending to businesspeople looking for the opportunity to provide goods and services to customers in their local communities. By lending entrepreneurs the money to build their local businesses, I feel that I get to play a small part in helping them realize their dreams.”
“Founded in 1935, First Bank has already established a strong reputation across the Carolinas, providing a wide array of personal and business banking services,” says Richard Moore, Chief Executive Officer. “We are excited about the addition of our SBA division and the complete lending services we can offer business owners and entrepreneurs across First Bank communities and throughout the United States. We will continue to offer the same level of superior customer service and quality to our new loan clients that our Carolina customer base has known for so long.”
ReadyCap Adds David Matrisciano and JP Swift as BDOs in New York and California
“David and JP are two of the leading producers in the business,” says John Moshier, president of ReadyCap said. “We could not get them on board soon enough so that we can serve more small business borrowers in sought after markets and expand our national presence in the industry.”
David Matrisciano, BDO (NY/NJ Metro). David comes to ReadyCap Lending with over 35 years of comprehensive lending experience in commercial real estate lending and SBA financing. Prior to joining ReadyCap Lending, Matrisciano served as Vice President for the SBA Division of Financial Resources Federal Credit Union and contributed to the company’s success, receiving the honors of SBA Lender of the Year Award in 2013, 2014 and 2015.
JP Swift, BDO (Orange County, CA). JP comes to ReadyCap Lending with over 25 years of commercial real estate finance experience. Prior to joining ReadyCap Lending, Swift served as Vice President / SBA Business Development Officer at US Bank and consistently ranked among top loan producers nationally for the third largest SBA lender.
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