Recent Headlines
Within Small Business Lending
Indian Lawyer's Social Enterprise, OptiMrkt to Bring Financial Inclusion for the Under-served in India
Chenoy Ceil, a corporate lawyer from India, studying for an MBA at the University of Tampa, Florida has made it to the last 30 in the Hult Prize competition with a chance to win $1 million. OptiMrkt brings financial inclusion for the under-served in India. - April 28, 2016 - OptiMrkt
Private Bank of Buckhead: Largest Growth and Profitability in Bank’s History
At its annual meeting April 21, shareholders of Private Bancshares, the parent company of Private Bank of Buckhead, Private Bank of Decatur and PrivatePlus Mortgage heard from President, CEO and Chairman Charlie Crawford, who noted the largest growth and profitability in the bank's history. - April 26, 2016 - Private Bank of Buckhead
Banking Veteran Judy Turner Retires from Private Bank of Decatur May 31
Banking veteran Judy Turner retires May 31; her colleague Brent Adams named new President of Private Bank of Decatur. - April 14, 2016 - Private Bank of Buckhead
Private Bank of Buckhead: Welma Baer Receives Chairman’s Award
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, recently recognized Welma Baer with its Chairman’s award. - April 10, 2016 - Private Bank of Buckhead
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
Prism Analytical Technologies Raises $1.8M to Change the Face of Analytical Instrumentation Used in the Field and Laboratory
Hyde Park Angels led the round with participation from Grand Angels. - March 30, 2016 - Hyde Park Angels
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
Paragon Bank Appoints Senior Vice President, Specialty Lending
Paragon Bank (OTCBB: PGNN.OB) has hired Thomas "Tee" Shipmon as Senior Vice President of Specialty Lending. Shipmon will report to Robert Shaw, Chief Executive Officer at Paragon Bank, and will work out of the office at 5400 Poplar Avenue. "We are excited to add a team member with... - March 18, 2016 - Paragon Small Business Capital Group
Paragon Small Business Capital Group Appoints Small Business Administration Closer
Paragon Small Business Capital Group, a division of Paragon Bank (OTCBB: PGNN.OB), has appointed Irene Marin as Small Business Administration Closer. Marin will report to Daniel Vo, Vice President of the Paragon Small Business Capital Group. "With over 30 years of experience in banking, Marin... - March 16, 2016 - Paragon Small Business Capital Group
Private Bank of Buckhead Adds Another Ambassador
Renee Weese of Minerva Planning Group has joined the Board of Advisors for Private Bank of Buckhead. - March 15, 2016 - Private Bank of Buckhead
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 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
Obduro Capital Closes $920,000 Loan on North Carolina Multifamily Property
Obduro Capital Arranges Acquisition of Apartment Complex in Central North Carolina. - March 03, 2016 - Obduro Capital LLC
Obduro Capital Closes $2,175,000 SBA 7(a) Loan on Pennsylvania Ag Production Facility
Obduro Capital Arranges $2,175,000 SBA Loan for Expansion of Greenhouse Production in Pennsylvania - February 28, 2016 - Obduro Capital LLC
Fountainhead Commercial Capital Expands Small Business Lending to Four New States
Company to offer SBA 504 Loans and FastTrack 504TM in Colorado, Kansas, Oklahoma and Texas. - February 25, 2016 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances $1.44 Million New Jersey Warehouse Purchase
Online retailer MuchBuy.com purchases warehouse, office using SBA 504 loan program. - February 18, 2016 - Fountainhead Commercial Capital
Awards Presented to Bay State Cable Ties CEO & Founder Robert Sires and VP of Corporate Development Barbara Mitchell by FL Governor Rick Scott
Florida Governor Scott presented the Governor’s Business Ambassador Awards to Bay State Cable Ties CEO and Founder Robert Sires and Vice President of Corporate Development Barbara Mitchell in recognition of their commitment to creating jobs for Northwest Florida residents; Bay State Cable Ties currently has more than 100 employees in Crestview, FL, with plans to add at least 40 more and to double the company's size within 5 years. - February 12, 2016 - Bay State Cable Ties
Fountainhead Commercial Capital Finances $1.55 Million Luxury Car Dealership
Philadelphia's Feretti Motors uses SBA 504 loan program to own instead of rent. - February 12, 2016 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances Office Building Purchase in Roswell, Georgia
Innovative office services company Elgia uses SBA 504 loan program to buy office space. - February 06, 2016 - Fountainhead Commercial Capital
Construction Loans Indicate Improving Economy
SBA Lender cites ongoing trend as reason for hope in 2016. - February 05, 2016 - Mercantile Capital Corporation
TransMark Funding Hires Jennifer Polito as Business Director
TransMark Funding, LLC, a merchant cash advance (MCA) business leader, announced today that it has hired industry specialist, Jennifer Polito, as the company’s Director of Business Development. Polito is nationally known for her work in the credit card processing and merchant cash advance... - January 28, 2016 - TransMark Funding, LLC
Quick Solution to the Settlement You Deserve Through Lawsuit Lending Now
Lawsuit Lending Now will be releasing a revised version of their web site in February 2016. - January 28, 2016 - Lawsuit Lending Now
Fountainhead Commercial Capital Finances Office Condo in West Palm Beach
Insurance advisory firm uses SBA 504 loan program to move from renting to owning office space. - January 28, 2016 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances Hackensack Warehouse Purchase
Online retailer NYFASHION101 purchases warehouse using SBA 504 loan program. - January 28, 2016 - Fountainhead Commercial Capital
Business Owners Have New Options for Refinancing Commercial Real Estate
Fountainhead Commercial Capital Answers Questions about Loan Refinancing with the SBA 504 Program. - January 22, 2016 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances Warehouse for Pompano Beach Online Retailer
Fountainhead Commercial Capital announced that RPM Motors of Space Coast Corp. purchased a 10,000-sf warehouse and office building for $800,000. The building will house the growing online retailer's inventory in Pompano Beach. - January 13, 2016 - Fountainhead Commercial Capital
Paragon Appoints Halberg as Wealth Advisor of Wealth Solutions Team
Paragon Bank (OTCBB: PGNN.OB) has announced Martin Halberg as Wealth Management Advisor of its Wealth Solutions team. Halberg reports to Mike Edwards, President and Chief Operating Officer at Paragon Bank, and Charles Yorke, President of the Paragon Small Business Capital Group, and will be based... - January 05, 2016 - Paragon Bank
Private Bank of Buckhead Celebrates Ninth Anniversary
Bank enters tenth year in position of continued strength. Crawford: "If anyone out there doesn’t love their bank, I hope they’ll consider our approach to full-service community banking.” - December 14, 2015 - Private Bank of Buckhead
Bay State Cable Ties CEO and Founder Robert Sires Endorses FL Gov. Scott's Proposal to Permanently Eliminate Sales Tax on Manufacturing Equipment
Robert Sires, owner, founder, and CEO of Bay State Cable Ties, America's leading manufacturer of nylon cable ties, located in Crestview, Florida, supports FL Governor Scott’s proposal to permanently eliminate the sales tax on manufacturing equipment. “Bay State Cable Ties located in... - December 14, 2015 - Bay State Cable Ties
Private Bank of Buckhead Adds Cindy Siegler to Compliance Team
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has named Cindy Siegler as Bank Secrecy Compliance Specialist. She brings nearly 20 years of experience to the bank, previously working in Bank Secrecy Act and compliance at another area community bank. - December 08, 2015 - Private Bank of Buckhead
Canadian Grants Business Center Launches New Social Media Campaign
Canadian Grants Business Center is now available in the social media age. Striving to expand Canadian reach, the Canadian Grants Business Center has now launched a new Facebook and Twitter account. These accounts are available to increase access to all small-medium sized Canadian businesses... - December 08, 2015 - Canadian Grants Business Center
Smart Business Funding Now Offers Independent Sales Organizations Daily Syndication Payouts
Smart Business Funding is ready to help independent sales organizations gain an upper edge by providing daily syndication payouts, improve ISO investment frequency, and break the payment mold in the alternative finance industry. - November 24, 2015 - Smart Business Funding
Teresa Connors Brings Breadth and Depth of Experience to Private Bank of Buckhead
Private Bank of Buckhead has named Teresa Connors as a Loan Administration Specialist. She brings more than 20 years of experience to the bank and has previously worked with several of its team members at other banks. “Teresa is dedicated to providing clients with a necessary service that... - November 18, 2015 - Private Bank of Buckhead
Mars National Bank Opens “Branch of the Future”
The new Richland office features state-of-the-art bank design. There is no teller line – customers are greeted and guided to a service area to meet their needs. The service area includes “pods” for transactions, meeting rooms for privacy and also self-serve convenience boxes, a new concept which lets customers access boxes with biometric security. - November 18, 2015 - Mars Bank
Everest Merchant Funding Expands Small Business Service Portfolio
Everest Merchant Funding, an International Originator and Broker of Merchant Cash Advances, Inks Deal with Central Payment, a Leading In-Store Payment Processor. - November 12, 2015 - Everest Merchant Funding
Inger Harris Brings Breadth of Industry Experience to Private Bank of Buckhead
Private Bank of Buckhead has named Inger Harris as an Operations Specialist. She brings a breadth of banking experience to the role, having worked in customer service, as a teller, retail branch management, project management and training. “The clients always come first with Inger, who... - November 04, 2015 - Private Bank of Buckhead
Private Bank of Buckhead Adds Joel Higdon as Personal Banker
Private Bank of Buckhead has named Joel Higdon as a Personal Banker. He has more than 15 years’ experience in customer service, with 5 years of that spent in banking. “Joel brings experience in a number of areas that are important to our clients, always with a focus on a great customer... - November 04, 2015 - Private Bank of Buckhead
Mars National Bank Adds Mobile Deposit to App
Mars National Bank launched mobile deposit functionality in its myMNB Mobile banking app. The app is available for Apple and Android smartphones and tablets through the app stores. The app now includes account management, bill payment, “Popmoney” (a person-to-person direct payment... - October 31, 2015 - Mars Bank
Mercantile Capital Corporation Funds 15 Commercial Real Estate Loans in 3rd Quarter
SBA 504 loan expert closes loans worth $35.9 million. - October 29, 2015 - Mercantile Capital Corporation
Mars National Bank’s McGraw Appointed to Statewide Banking Committee
Michael W. McGraw, Senior Vice President, Information Technology of Mars National Bank was appointed to the Pennsylvania Bankers Association’s (PA Bankers’) Information Technology Committee. McGraw will serve a three-year term with the focus on technology issues facing the banking... - October 16, 2015 - Mars Bank
Obduro Capital Closes $1,575,000 Loan on Texas Multifamily Property
Obduro Capital Arranges Conventional Refinance of Apartment Complex in Central Texas - October 14, 2015 - Obduro Capital LLC
Mars National Bank Awarded 5-Star Rating by Bauer Financial
Mars National Bank earned a 5-star Superior rating from Bauer Financial, an independent bank research and rating firm. This is the second consecutive year that the Bank received the highest ranking. Bauer ranks Banks on financial strength. The 5-star “Superior” rating indicates, among... - October 14, 2015 - Mars Bank
Mars National Bank’s McGraw Completes Three-year Advanced School of Banking
Michael W. McGraw, Senior Vice President, Information Technology of Mars National Bank was a recent graduate of the 2015 Advanced School of Banking at the Penn Stater Conference Center, State College, PA. The PA Bankers Association Advanced School of Banking is a three-year program that builds and... - October 03, 2015 - Mars Bank
Paragon Appoints Senior Vice President, National Sales Director of Small Business Capital Group
Paragon Small Business Capital Group, a division of Paragon Bank (OTCBB: PGNN.OB), has appointed Doug Cullinan as Senior Vice President and National Sales Director. Cullinan reports to Charles Yorke, President of the Small Business Capital Group. "Doug's knowledge of SBA loans and his... - September 30, 2015 - Paragon Bank
Private Bank of Decatur Adds Personal Banker Chris Clay
Private Bank of Decatur has added Loganville resident Chris Clay as a Personal Banker. He previously worked with another area bank, and began his banking career in Macon, receiving a Top Performer designation for his work. “Chris is reliable and focused, with a great customer service... - September 27, 2015 - Private Bank of Buckhead
TMC Financing Provides SBA 504 Loan to Castle Rock Construction in Las Vegas
Southern Nevada construction company specializes in tenant improvements for commercial real estate. - September 20, 2015 - TMC Financing
Seasoned Banker Added to Private Bank of Buckhead Team
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has added Marietta resident Karen B. Smith as a Senior Lender. She is based out of Buckhead and will serve clients in Cobb County and across the metro area. - September 17, 2015 - Private Bank of Buckhead
Mars National Bank’s Pifer Joins PA Banker Emerging Leaders Group
Hope Pifer, Assistant Vice President, Senior Financial Analyst at Mars National Bank, joined the Emerging Leaders Peer Group of the Pennsylvania Bankers Association. The group’s purpose is to identify, equip, train and offer ongoing support to emerging leaders who aspire to greater levels of... - September 17, 2015 - Mars Bank