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Within Commercial Lending
HealthGrowth Capital Appoints Douglas Hoey to Its Board of Advisors
Doug Hoey, CEO of the National Community Pharmacists Association, joins Board of Advisors of HealthGrowth Capital, LLC, an alternative specialty lender to independent pharmacies. - November 30, 2017 - HealthGrowth Capital, LLC
Chris Hurn of Fountainhead Commercial Capital Named SBA 504 Lender of the Year
Fountainhead Commercial Capital's CEO and founder Chris Hurn was recently named an SBA 504 Lender of the Year by the Coleman Report, a leading provider of information to small business bankers. Fountainhead, a non-bank lender founded in 2015, offers SBA 504 and conventional commercial real estate... - November 16, 2017 - Fountainhead Commercial Capital
Mars Bank Wins Bankers Challenge Prize Donated to Community Health Clinic of Butler County
Mars Bank won the 2017 Bankers Challenge Golf Challenge organized by the Butler County Tourism & Convention Bureau. The winning Bank names a charitable organization to receive the winnings from the tournament; Mars Bank represented the Community Health Clinic of Butler County. James V. Dionise,... - November 03, 2017 - Mars Bank
Palm Beach Gardens Based Mortgage Bankers Arrange Refinancing
Compass Commercial Mortgage arranges $3.6MM refinance of My Salon Suite building in Delray Beach, Florida. - October 11, 2017 - Compass Commercial Mortgage, Inc.
Legursky Joins Mars Bank as Mortgage Loan Originator
Megan Legursky joined Mars Bank as a Mortgage Loan Originator. Ms. Legursky earned a Finance degree from Marshall University. She will serve customers in the Pittsburgh and northern Allegheny county communities. “We’re pleased to add Megan to our team,” said Shawn Proper, Mars... - September 30, 2017 - Mars Bank
Mars Bank Adds Commercial Lender
Anne Davies joined Mars Bank as Vice President, Commercial Banking. She will serve Mars Bank’s commercial customers focusing on the needs of businesses in Butler and Allegheny counties. “We’re excited to add Anne to our commercial team,” said Mark Drenchko, Mars Bank Senior... - September 27, 2017 - Mars Bank
Fountainhead Commercial Capital Speeds Commercial Real Estate Loan Approvals Using AI
New Pronto system approves commercial real estate loan applications within two hours. - September 21, 2017 - Fountainhead Commercial Capital
Maxx Builders Announces Groundbreaking for Home2Suites by Hilton
Maxx Builders announces the groundbreaking of 100 unit Home2Suites in Richmond, TX. - September 04, 2017 - Maxx Builders
Maxx Builders Named to 2017 Inc. 5000 Fastest Growing Companies
Maxx Builders Ranks No. 1,800 on the 2017 Inc. 5000 with Three-Year Sales Growth of 215% - August 28, 2017 - Maxx Builders
Sciullo Joins Mars Bank
Wendy Sciullo joined Mars Bank as Assistant Vice President, Manager, Penn Township Banking Center. Ms. Sciullo has 15 years of experience in the financial industry. She will serve customers in the Butler area focusing on consumer and small business relationships. “Wendy brings expertise as a... - August 01, 2017 - Mars Bank
Fountainhead Commercial Capital Finances Over $25 Million in Commercial Real Estate in Second Quarter of 2017
Nonbank commercial lender finances over $43 million in first half of 2017. - July 27, 2017 - Fountainhead Commercial Capital
Mars National Bancorp, Inc. Elects New Board Officers
Mars National Bancorp elected new board officers to fill the vacated positions of Dallas C. Hipple (retiring as Chairman) and R. Bruce Mensch (retiring as Secretary). Janet L. van Buskirk Balentine was elected Chairman. Board member J. Jay Their was elected Vice Chairman. In addition, Michael J. Kirk, was elected Secretary. - June 03, 2017 - Mars Bank
Mars National Bancorp, Inc. Announces New Board of Directors
Shareholders of Mars National Bancorp elected three new board members along with seven incumbent directors at the annual meeting held April 18, 2017. The three new directors elected were Michael K. Bechtold, Executive Vice President of Brayman Construction Corporation; Gregory B. Mensch, Executive... - May 05, 2017 - Mars Bank
Financial Institution Announces New Business Funding Training Course
Training course targets entrepreneurs seeking to learn how use own capital when lending to small businesses. - March 28, 2017 - Athens Capital Lending LLC
Progress Capital Advisors Secures Financing to Rebuild Sea Village Marina Destroyed by Hurricane Sandy
Dave Cappello of Progress Capital Advisors secured a $3 Million loan for a commercial borrower to acquire, renovate and redevelop the ailing Sea Village Marina, a houseboat community along the Margate Causeway at the Jersey Shore destroyed by Hurricane Sandy in 2012. - March 25, 2017 - Progress Capital
Mars National Bank Sponsors Free First Time Homebuyer Event Attendees to Learn About Grants Towards Down Payments
Mars National Bank is sponsoring a First Time Homebuyer Event on Saturday, March 11, 2017 from 9:00am - Noon at the DoubleTree Cranberry 910 Sheraton Drive, Mars, Pennsylvania, 16046. - February 15, 2017 - Mars Bank
Fee Financing Pioneer QuickFee Makes Significant Rate Cuts, and Rolls Out Services to Law Firms
Funding and payment portal provider QuickFee has announced a drop of several points on its popular Fee Financing product. Plus, QuickFee has also announced that their offerings are now available to law firms and other professional service firms. - January 31, 2017 - QuickFee
Fountainhead Commercial Capital Finishes 2016 on High Note
Nonbank lender funds $68.9MM in total project costs across 10 different states. - January 17, 2017 - Fountainhead Commercial Capital
Shetler Joins Mars National Bank as Assistant Vice President, Mortgage Lending
Nicolina “Nikki” Shetler joined Mars National Bank as Assistant Vice President, Mortgage Lending. Ms. Shetler has 16 years banking experience focused on real estate lending. She will be responsible for developing and managing client relationships, particularly in Indiana and... - December 07, 2016 - Mars Bank
Advisor of the Year Recognizes 2016 Award Winners at Second Annual Event
Leading business professionals in San Diego honored for stellar leadership and outstanding accomplishments in the M&A community - November 12, 2016 - San Diego Advisor of the Year
Fountainhead Commercial Capital Closes $23.52MM in Total Projects During Third Quarter of 2016
Nonbank lender continues offering business owners lower down payment and longer terms for commercial loans. - November 10, 2016 - Fountainhead Commercial Capital
Mars National Bank Provides Financial Literacy Program to Mars Area and Pine-Richland High Schools
The 2016 – 17 school year will see a new financial literacy resource available to Mars Area and Pine-Richland, PA High School students. The online curriculum is sponsored by Mars National Bank and is called the “myMNB Financial Literacy Program.” Mars National Bank is partnering with EverFi, Inc. to bring the program to local students at no cost to the schools or taxpayers. - November 03, 2016 - Mars Bank
Boardwalk Settlement Services, LLC Now Serving Atlantic and Cape May Counties
Real estate title insurance and settlement services experts join forces to create Boardwalk Settlement Services to serve the Jersey Shore. - November 01, 2016 - Boardwalk Settlement Services, LLC
Advisor of the Year Announces Awards Finalists, Continuing Education
San Diego’s top professionals to be recognized and invited to speak at upcoming Association for Corporate Growth event. - October 22, 2016 - San Diego Advisor of the Year
Advisor of the Year Announces Keynote Speaker, Panelists
Legendary San Diego philanthropist Ernest Rady slated to speak; Police Chief Shelley Zimmerman and San Diego Chargers’ Jeanne Bonk headline the "GameChangers" panel - October 16, 2016 - San Diego Advisor of the Year
Advisor of the Year Announces 2016 Event, Judges
Awards recognize local advisors who provide extraordinary service in the sale, acquisition, expansion or recapitalization of a company. - September 08, 2016 - San Diego Advisor of the Year
TransMark Funding Announces New EZ Approval Periodic Merchant Cash Advance Program
TransMark Funding announces new EZ Approval program to the MCA industry, for those hard to fund deals. - August 22, 2016 - TransMark Funding, LLC
Fountainhead Commercial Capital Finances $8.1 Million Acquisition for 24 Carrots Restaurant Group
Top Catering Company to Move Headquarters to Updated Facility in Costa Mesa - August 10, 2016 - Fountainhead Commercial Capital
Mars National Bank’s Dionise Serves as Second Vice Chair and Director of PA Bankers Association
James V. Dionise, President and Chief Executive Officer of Mars National Bank is serving on the Pennsylvania Bankers Association’s (PA Bankers) Board of Directors. Beginning July 1, 2016, Dionise is also serving as Second Vice Chair; this begins a four-year commitment which cycles through... - August 06, 2016 - Mars Bank
Mobilization Capital Launches Financing Program for Government Contractors
Details of a new lending program offered by Mobilization Capital that will help contractors to execute on government contracts. - August 05, 2016 - Mobilization Capital Gov Contracting LLC
Obduro Capital Closes $1,500,000 Non-Recourse Loan on Florida Retail Property
Obduro Capital Arranges $1,500,000 Conventional Mortgage for Purchase of Advance Auto Property in Florida - August 03, 2016 - Obduro Capital LLC
School Hero Selected as a Trusted Partner of the Colorado League of Charter Schools
“The Colorado League of Charter Schools is excited to partner with School Hero as a way to help our member schools achieve their fundraising goals while at the same time providing a valuable offering to their local community,” said Tiffany Kallevik, Director of Member Business Services... - August 03, 2016 - School Hero
Fountainhead Commercial Capital Finances $4.3 Office/Warehouse in Rancho Dominguez, CA
Wholesaler of High Tech Packaging and Shipping Materials, Pacific Capro Industries Relocates Headquarters - July 29, 2016 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances $6.7 Million Hotel Purchase Near Denver
Fountainhead Commercial Capital announced it closed a hotel loan, financing the $6.7 million purchase of a 77-room Comfort Inn & Suites, located in Westminster, Colorado, just north of the Denver. - July 22, 2016 - Fountainhead Commercial Capital
Hopper Joins Mars National Bank as Assistant Vice President, Mortgage Lending
Deborah A. Hopper joined Mars National Bank as Assistant Vice President, Mortgage Lending. Ms. Hopper has over 13 years of banking experience, including retail management and loan origination. She will be responsible for developing and managing client relationships, particularly focusing on Butler... - June 30, 2016 - Mars Bank
Mars National Bank’s Drenchko Appointed to Banking Advisory Committee
Mark Drenchko, Senior Vice President, Commercial and Retail Banking of Mars National Bank was appointed to the Pennsylvania Bankers Association’s Advisory Committee for the PA Bankers School of Commercial Banking. The Committee is responsible for reviewing the operational aspects of the... - June 28, 2016 - Mars Bank
Raisal Secures $3.5 Million Loan to Finance Acquisition of Florida Shopping Center
Leading fintech online marketplace streamlines transactions and takes CRE lending into the digital age. - June 09, 2016 - Raisal
Mars National Bank Receives Recognition Award for 115 Charter Anniversary
Mars National Bank celebrated their 115-year charter anniversary at the Pennsylvania Bankers Association (PA Bankers) Group 8 meeting held on April 12 at the Pittsburgh Marriott North, Cranberry Township. PA Bankers recognizes member charter anniversaries every five years from the date of that... - May 24, 2016 - Mars Bank
Paragon Reports Most Profitable Quarter in Bank History
Paragon Bank (OTCBB: PGNN.OB) today reported that the first quarter of 2016 was the most profitable in the bank's more than 10-year history. Total revenue increased to $4.2 million, which compares to the previous record of $3.5 million during the fourth quarter of 2015, and is an increase of 19%. - May 21, 2016 - Paragon Bank
Mars National Bank’s Dionise Serves on CLO Board
James V. Dionise, President and Chief Executive Officer of Mars National Bank is serving on the Pittsburgh CLO Board of Directors. “I am excited to be involved with Pittsburgh CLO. They have a long and rich history in the region and continue to expand their impact,” said Jim Dionise,... - May 17, 2016 - Mars Bank
Fountainhead Commercial Capital Secures $23 Million for Small Business Lending
Setting Stage to Become Nation's Largest SBA 504 Lender. - May 12, 2016 - Fountainhead Commercial Capital
Mars National Bank and First Front Door Helps First Time Homebuyers
Mars National Bank is again promoting the Federal Home Loan Bank Pittsburgh’s (FHLBank) program for first time homebuyers called “First Front Door.” The program supports first time homebuyers through down payment and closing cost assistance. Through First Front Door (FFD),... - May 03, 2016 - Mars Bank
Record-Setting Quarter for SBA 504 Lender
Mercantile Capital Corporation reports record-setting $88 million in SBA 504 loans during Q1 2016. - April 06, 2016 - Mercantile Capital Corporation
A.I.D. Capital, LLC Closes $6.625MM Loan
A.I.D. Capital, LLC announces the Closing of a $6.625MM refinance loan for a Multifamily property in Jacksonville, FL. - April 02, 2016 - A.I.D. Capital, LLC
Bay State Cable Ties CEO and Founder Robert Sires is Appointed to University of West Florida Board of Trustees by FL Governor Rick Scott
Bay State Cable Ties, America’s leading manufacturer of nylon cable ties, is proud to announce that CEO and Founder Robert Sires has been appointed to the Board of Trustees of the University of West Florida by Florida Governor Rick Scott. Sires succeeds Garrett Walton for a five-year term... - March 27, 2016 - Bay State Cable Ties
Obduro Capital Closes $1,265,000 SBA 7(a) Loan on Ohio Medical Office Property
Obduro Capital Arranges $1,265,0000 SBA Loan for Purchase of Dentist Office Property in Ohio - March 26, 2016 - Obduro Capital LLC
Hein Named Mars National Bank’s Senior Vice President, Finance
James M. Hein was named Senior Vice President, Finance of Mars National Bank. He now oversees the finance, deposit and technology operations activities at the Bank. Mr. Hein joined Mars National Bank as Vice President, Controller in 2010. - March 22, 2016 - Mars Bank
Fountainhead Commercial Capital Finances $29 Million in Real Estate in First Year
Despite Launching Mid-Year, Company Ranked Among Top 40 SBA 504 Lenders in Fiscal 2015. - March 10, 2016 - Fountainhead Commercial Capital
Paragon Bank Names John Graham Senior Vice President, Client Development Officer
24-Year Financial Industry Veteran Joins Growing North Carolina-Based Bank. - March 04, 2016 - Paragon Bank
Paragon Small Business Capital Group Obtains Preferred Lenders Program Status
Paragon Small Business Capital Group, a division of Paragon Bank (OTCBB: PGNN.OB), today announced it received Preferred Lenders Program (PLP) status, allowing the company to approve loans guaranteed by the U.S. Small Business Administration (SBA). This program provides businesses access to loans... - March 03, 2016 - Paragon Bank