Recent Headlines
Within Commercial Lending

Fountainhead Commercial Capital, a Nationwide SBA 504 Lender, Recently Announced That Steven Ellsworth Has Joined the Company as Chief Credit Officer

Fountainhead Commercial Capital, a SBA 504 lender focused on financing owner-occupied commercial real estate nationwide, announced that Steven Ellsworth has joined the company as chief credit officer. - March 27, 2015 - Fountainhead Commercial Capital

Schweinsberg Receives Service Award from Realtor Group

Shelley Schweinsberg, Assistant Vice President, Mortgage Lending at Mars National Bank, received the 2014 Service Award from the Beaver County Association of Realtors. The award was given in recognition of Ms. Schweinsberg’s service to the organization including participation as a... - March 06, 2015 - Mars Bank

Obduro Capital Closes $3,580,000 Loan on North Carolina Retail Property

Obduro Capital Refinances $3,580,000 Retail Strip Center Loan in Durham, NC - March 05, 2015 - Obduro Capital LLC

Mars National Bank Named “2015 Best Mortgage Lender”

Mars National Bank was named the “Best Mortgage Lender” by the readers of the Cranberry Eagle newspaper. As part of the paper’s 2015 Community Choice Awards, the Bank was voted the top spot through write-in ballots. “This award is confirmation that our customers appreciate... - February 28, 2015 - Mars Bank

Small Business Lender Chris Hurn Launches Fountainhead Commercial Capital

Renowned small business lender, Chris Hurn, today launched Fountainhead Commercial Capital, a nationwide lender focused on financing owner-occupied commercial real estate. Hurn, who has lent nearly two billion dollars on commercial real estate through the SBA 504 loan program, opened the doors on... - February 14, 2015 - Fountainhead Commercial Capital

Vallecorsa Joins Mars National Bank as Vice President, Commercial Banking

Greg Vallecorsa joined Mars National Bank as Vice President, Commercial Banking. Mr. Vallecorsa is an experienced commercial lender with over 20 years of experience in commercial and retail banking. “Greg knows commercial lending and understands the needs of businesses in our area,”... - February 06, 2015 - Mars Bank

SBA 504 Lender Sets Sights on $2 Billion

Mercantile Capital Corporation reached $1.5 billion in total project costs financed in 2014, plans to top $2 billion by end of 2016. - February 05, 2015 - Mercantile Capital Corporation

Novak Joins Mars National Bank as Vice President, Mortgage Lending

Tod Novak joined Mars National Bank as Vice President, Mortgage Lending. Mr. Novak has 13 years of residential mortgage origination experience, including expertise in FHA and VA loans. He will be responsible for developing and managing client relationships, particularly focusing on first-time... - January 27, 2015 - Mars Bank

North Carolina Commercial Lender Expands Nationwide

North Carolina commercial lender, South East Commercial Capital (SEC Capital), has expanded its territory nationwide. This company finances commercial properties in 47 states and lends on most commercial properties types, including multifamily, funeral homes, warehouses, daycares, and more. - January 21, 2015 - Southeast Commercial Capital

New Specialist Commercial Mortgage Comparison Site Launched

A new specialist commercial mortgage comparison service has been launched offering small to large businesses the ability to compare business mortgage products and find the best rates, LTV's and benefits to suit their needs. - January 14, 2015 - Commercial Mortgage Link

Mars National Bank Staff Support Butler County Winter Relief Center

Mars National Bank staff donated over 25 bags of home supplies and $215 to the Butler County Winter Relief Center. The Center helps the homeless in Butler County providing food and overnight shelter during the winter. Supplies donated by Bank staff included water, paper towels, plastic bags, facial... - January 13, 2015 - Mars Bank

Mars National Bank Helps Warm Butler County Through "Bundle Up Butler!"

Mars National Bank staff donated coats and took time to help distribute them through the “Bundle up Butler!” campaign as part of the United Way Day of Caring. Bank staff donated 27 coats and $240 to the effort. On the Day of Caring, nine Bank employees volunteered their time to help... - December 04, 2014 - Mars Bank

Pifer Chairs Leadership Butler Class; VOICe Play Area Renovated

The Leadership Butler County class of 2014 was chaired by Mars National Bank’s Assistant Vice President of Finance, Hope Pifer. The 2014 class included Pifer and 21 other individuals from organizations in the county who were tasked with rehabbing the play area of the Victim Outreach... - December 02, 2014 - Mars Bank

Mars National Bancorp Joins OTCQX Marketplace

Mars National Bancorp, Inc. (OTCQX: MNBP), the newly-formed holding company for Mars National Bank, has joined OTCQX®, the best marketplace for established U.S. and international companies. The Bancorp’s stock will trade under the symbol “MNBP” on OTCQX beginning Wednesday,... - December 02, 2014 - Mars Bank

Mars National Bank Supports Local Education Through Scholarship and Improvement Programs

Mars National Bank donated $30,000 earmarked for 14 schools or education programs in Allegheny and Butler Counties. The donations were made through the Educational Improvement Tax Credit Program of the Commonwealth of Pennsylvania. Donations included funding for student scholarships and educational... - November 27, 2014 - Mars Bank

Thanksgiving Thank You Video by Farm Plus Financial

Epic Thank You to All the Farmers video released by Farm Plus Financial & FarmLoans.com. - November 26, 2014 - Farm Plus Financial

Popular Commercial Lending Group Introduces Affiliate Program for Agricultural Loans

Popular Commercial Lending Group (PCLG) has introduced a new Affiliate Loan Program (ALP) for smaller community Banks and Credit Unions around the country seeking to capitalize on agricultural loan business. Since many smaller community Banks and Credit Unions are under capitalized and/or have... - November 20, 2014 - Popular Commercial Lending Group

Paragon Bank Announces Addition of Brent Barringer to Board of Directors

Experienced Industry Professional Joins Expanding Team of Directors for Bank - November 05, 2014 - Paragon Bank

Paragon Bank Names Bryan Pennington Senior Vice President, Client Development Officer

25-Year Financial Industry Veteran Joins Growing North Carolina-Based Bank. - October 18, 2014 - Paragon Bank

Paragon Bank Opens New Cary Office

Private and Commercial Bank Celebrates Growth with Third North Carolina Location - October 08, 2014 - Paragon Bank

Crest Financial Launches Updated Website

Crest Financial announced today the release of their updated website to provide retailers and consumers a more customized, interactive, and user-friendly experience. The website, www.CrestFinancial.com, is now live and ready for use. The new website has a modern feel while providing a customized... - September 15, 2014 - Crest Financial

Mercantile Capital Corporation Provides SBA 504 Loan for Orlando-Based Production Company

Bungalow Scenic Studios secures SBA financing for $4.15 million commercial facility. - September 04, 2014 - Mercantile Capital Corporation

Paragon Bank Promotes Senior Vice President Rebecca McClain to Director of Operations

Financial Services Industry Veteran to Oversee Daily Bank Operations - August 16, 2014 - Paragon Bank

Mars National Bank’s Shawn Proper Appointed to Advisory Committee of Bankers Association

Shawn R. Proper, Senior Vice President, Mortgage and Consumer Lending of Mars National Bank has been appointed to the Pennsylvania Bankers Association’s Mortgage Banking Advisory Committee. The Advisory Committee is responsible to guide, review and recommend education and training programs... - August 07, 2014 - Mars Bank

Beacon Default Management, Inc. Appoints New Director of Business Development

Industry Leader in Commercial Foreclosure Services strengthens growth resources - August 04, 2014 - Beacon Default Management, Inc.

Mars National Bank Volunteers Work for Hosanna Industries

Volunteers from Mars National Bank helped Hosanna Industries impact one needy homeowner’s front yard by working on an exterior improvement project. The effort included work on a retaining wall and sidewalk, and cleaning and painting the front porch roof. “We’re thrilled to be a... - August 01, 2014 - Mars Bank

Farm Plus Financial Launches New farmloans.com Website & First TV Commercial; Debuts

Farm Plus Financial is pleased to announce the launch of its completely redesigned full-featured website, www.farmloans.com. The new site has an extensive database of information packed content pages and useful articles, helpful resources including customer testimonials, frequently asked questions... - July 28, 2014 - Farm Plus Financial

Paragon Bank Announces New Operations Center in North Raleigh

Local Bank Facility Allows Growing Staff to Better Manage Assets Securely - July 26, 2014 - Paragon Bank

Paragon Bank Promotes Stephanie Bryant to Senior Vice President

16-Year Industry Veteran Specializing in Serving Private Banking Clients - July 26, 2014 - Paragon Bank

Paragon Bank Names Patsy Johnson City Executive for New Cary Office

28-Year Banking Veteran Will Focus on Private Banking Services for New Office Opening in September 2014. - July 17, 2014 - Paragon Bank

Paragon Bank Names Lisa M. Gallimore Vice President and Client Development Officer

21-Year Banking Industry Veteran Joins North Carolina-Based Bank - July 11, 2014 - Paragon Bank

Paragon Bank Names Kristin C. Sutton Senior Vice President and Client Development Officer

20-Year Banking Industry Veteran Joins North Carolina-Based Bank - July 11, 2014 - Paragon Bank

Paragon Commercial Corporation Announces Stock Split

125-for-1 Stock Split Became Effective June 23, 2014. - July 04, 2014 - Paragon Bank

Mars National Bank CEO Jim Dionise Elected to Board of Statewide Association

James V. Dionise, President and Chief Executive Officer of Mars National Bank, has been elected to the Pennsylvania Bankers Association (PBA) Board of Directors. Mr. Dionise will serve as chair of the Member Services Policy Committee on the Board. Mr. Dionise will serve a three-year term beginning July 1, 2014. - July 03, 2014 - Mars Bank

Gross Joins Mars National Bank as Vice President, Mortgage Lending

Aaron Gross joined Mars National Bank as Vice President, Mortgage Lending. Mr. Gross has 18 years of residential mortgage lending experience and will be responsible for developing and managing client relationships. “Mr. Gross is a seasoned mortgage professional,” said Shawn Proper,... - June 21, 2014 - Mars Bank

Gasparin Recognized for 40 Years of Service

Donna Gasparin of Mars National Bank was recognized for serving over 40 years in the banking industry at the Pennsylvania Bankers Association (PBA) Group 8 meeting held on April 8, 2014 at the Marriott Pittsburgh North at Cranberry Woods. The 40-Year Club consists of bankers completing 40 or more... - June 18, 2014 - Mars Bank

Paragon Bank Names Al Grygiel as Client Development Officer

North Carolina-Based Bank Welcomes 30-Year Industry Veteran to Growing Team - June 13, 2014 - Paragon Bank

Mars National Bank Holds Charitable Giving Drive

Mars National Bank held a charitable giving drive in its branches. Customers, the community and Bank staff are encouraged to donate. The Bank then matches the donations from the community and staff. This year, the Bank will donate over $3,000 combined to the charities. The effort is an annual event... - May 30, 2014 - Mars Bank

Addoms Joins Mars National Bank as Vice President, Commercial Banking

Robert V. Addoms joined Mars National Bank as Vice President, Commercial Banking. Mr. Addoms is an accomplished commercial lending banker with over 27 years of experience in the industry. “Bob is a commercial lending expert,” said Pete Balmert, Mars National Bank Senior Vice President, Commercial and Retail Banking. “We are thrilled to add his creativity, knowledge and experience to our team.” - May 09, 2014 - Mars Bank

Obduro Capital Closes $1,725,000 Loan on North Carolina Retail Property

Obduro Capital Completes Refinance of $1,725,000 Retail Strip Center Loan in Wayneville, NC. - April 30, 2014 - Obduro Capital LLC

Crest Financial Announces Mobile Advertising to Retailer Remarketing Plan in Effort to Protect Retailer Brand Integrity

Crest Financial helps retailers reach new target market of millennials through mobile marketing while increasing brand loyalty. - April 25, 2014 - Crest Financial

$51.6 Million for Small Businesses During First Quarter

Mercantile Capital Corporation closes 11 loans in 6 states, creates 354 jobs in the first three months of 2014. - April 23, 2014 - Mercantile Capital Corporation

Mars National Bank Supports First Time Homebuyers Through “First Front Door” Program

Mars National Bank joined the First Front Door program through the Federal Home Loan Bank of Pittsburgh. First Front Door helps first-time homebuyers realize the dream of homeownership through a special grant program. Mars National Bank works with housing counseling agencies, community-based... - April 17, 2014 - Mars Bank

Paragon Bank Announces Plan to Open New Cary Office

Paragon Bank Continues Expansion, with Planned Third Location in North Carolina - April 04, 2014 - Paragon Bank

Paragon Bank’s Simona Pleasant Receives 2014 Women In Business Award From Triangle Business Journal

Vice President Controller to be Honored At Apr. 17 Luncheon - March 19, 2014 - Paragon Bank

Paragon Bank’s Melanie Robinson Wins Charlotte Business Journal 40 Under 40 Leadership Award

Senior Vice President Honored by Local Publication for Business and Community Commitment. - March 14, 2014 - Paragon Bank

Mars National Bank Mortgage Lender Shelley Schweinsberg Wins Realtor Award

Shelley R. Schweinsberg, a Mortgage Lender at Mars National Bank was named “Associate of the Year” by the Beaver County Realtors Association. The award was the inaugural award of its kind by the Association. With the award, Ms. Schweinsberg received a citation from Pennsylvania State... - March 13, 2014 - Mars Bank

Recent Headlines Within Commercial Lending

Recent Headlines
Within Commercial Lending