Recent Headlines
Within Small Business Lending
Meeting a Need in the Market: Robert Sires, CEO of Bay State Cable Ties, Announces New Cold-Weather Cable Ties, Effective in Sub-Zero Temps and Extended UV Exposure
Seeing a need in the market for all-weather cable ties, Bay State Cable Ties has introduced a new product, Frosty Ties, which offer superior performance in sub-zero temperatures. The BSCT team worked closely with DuPont and other suppliers, conducting research and numerous experiments, to create an all-weather plastic with added toughness and resistance to cracking in cold weather environments. Frosty Ties are effective in temperatures down to -20°c (-4°F) and have increased UV protection. - September 11, 2015 - Bay State Cable Ties
Mars National Bank Supports Clint Seymour Play Ball Fund and Joy of the Game Baseball Camp
Mars National Bank provided water bottles for the campers at the Clint Seymour Play Ball Fund “Joy of the Game” Baseball Camp. Over 100 campers enjoyed a day of baseball instruction and fun. Neil Walker, professional baseball player and a friend of Clint, was one of the coaches. - September 10, 2015 - Mars Bank
Fountainhead Commercial Capital Finances $4 Million Hotel Acquisition in Tiffin, Ohio
Fountainhead Commercial Capital announced that they financed the recent purchase of the Hampton Inn in Tiffin, Ohio by KRSNA Hospitality, LLC. - September 10, 2015 - Fountainhead Commercial Capital
MHY Pavilion Build Underway; Mars National Bank Helps Sponsor Leadership Butler County Project
Mars National Bank is one of many community businesses and organizations supporting the construction of a multi-use pavilion on the campus of MHY Family Services (formerly Mars Home for Youth). The Bank donated $5,000 to the project. As part of the 2015 Class of Leadership Butler County, Ryan... - September 05, 2015 - Mars Bank
Private Bank of Buckhead Renewed as SBA "Preferred Lender"
The U.S. Small Business Administration has renewed Private Bank of Buckhead’s Preferred Lender Participant status, which streamlines and expedites processes for the bank’s clients. - August 31, 2015 - Private Bank of Buckhead
Investor Robert Sires Announces Investment in Startup Venture Locker Room Talk®; Discusses Criteria for Investing
Investor Robert Sires announces $150,000 investment in startup web-based company Locker Room Talk, a website where college athletes and alumni can review and rate their college coaches. High school students use the info to evaluate the right program for them. Robert Sires also discusses his criteria for investments: primarily US-based companies, must have strategy for being profitable and be able to explain it quickly, and must have strong management team. - August 28, 2015 - Bay State Cable Ties
Fountainhead Commercial Capital Finances $346,000 Purchase for Miami Coach & Tours
Fountainhead Commercial Capital announced their closing of a $346,000 loan to finance the purchase of the new headquarters for Miami Coach & Tours, a growing charter bus and tour company now based in Miami Gardens. - August 22, 2015 - Fountainhead Commercial Capital
Bart Baran Joins Fountainhead Commercial Capital as Credit Analyst
Fountainhead Commercial Capital, a nationwide SBA 504 lender, announced that Bart Baran has joined the company as a credit analyst. - August 08, 2015 - Fountainhead Commercial Capital
TurboAppeal Acquires Realytics, Appoints New Chief Technology Officer
TurboAppeal continues its fast-paced growth trajectory since it raised $1.5M from investors @Properties, Hyde Park Angels, and Hyde Park Venture Partners earlier this year with two new strategic additions. Namely, the real estate technology company best known for its highly accurate, inexpensive,... - July 30, 2015 - Hyde Park Angels
Gales Joins Mars National Bank as Assistant Vice President, Retail Banking
Kristy A. Gales joined Mars National Bank as an Assistant Vice President, Retail Banking. She will be located in the Cranberry Branch Office at 20246 Route 19, Cranberry Township. She brings over a dozen years of retail banking experience, mainly serving customers in Butler and Allegheny... - July 21, 2015 - Mars Bank
Fountainhead Commercial Capital Closes $4.6 Million Hotel Loan in Jacksonville
Fountainhead Commercial Capital today announced it closed a hotel loan, financing the $4.6 million purchase of a 118-unit Country Inn & Suites in the Baymeadows area of Jacksonville for BDS Hotel Investments Inc. The company financed the purchase with an SBA 504 loan and plans to renovate the... - July 19, 2015 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances $8.2 Million Hotel Purchase at University of Illinois; Comfort Suites Renovations Underway
Fountainhead Commercial Capital announced it closed a hotel loan in Illinois. Located within walking distance of the University of Illinois Urbana-Champaign campus, they financed the $8.2 million purchase of an 86-room Comfort Suites. - July 17, 2015 - Fountainhead Commercial Capital
TMC Financing Provides SBA 504 Loan to Red Rock Fertility in Las Vegas
12,500 square foot building will have surgery center with two operating rooms. - July 04, 2015 - TMC Financing
Growing Number of Lenders Take Advantage of Secondary Market for SBA 504 Loans
Fountainhead Commercial Capital has announced that they have added close to two dozen new lenders to their FastTrack 504TM loan program. - July 04, 2015 - Fountainhead Commercial Capital
Mercantile Capital Corporation and IBERIABANK Fund $7.65 Million Expansion for Planet Bardot in Dallas, TX
SBA 504 loan is first joint project for Mercantile and IBERIABANK since merger. - June 25, 2015 - Mercantile Capital Corporation
Mars National Bank Launches myMNB Online Suite of Services
Mars National Bank launched updated online services including myMNB Online Banking, Bill Pay, Popmoney, Mobile Banking and Business Online Banking, Bill Pay and Remote Deposit Capture. Along with a new responsive website, these online tools provide a customer-centric banking experience that works seamlessly on any device – computer, tablet or smartphone. The updated services were launched June 15, 2015. - June 18, 2015 - Mars Bank
Shequita Harris Added to Operations Team at Private Bank of Buckhead
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has added Hampton resident Shequita Harris as a Loan Operations Specialist. “Shequita recognizes that career success, particularly for our banking model, is established through long-lasting... - June 12, 2015 - Private Bank of Buckhead
Credit Administration Pro Added to Private Bank of Decatur Team
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has added Eric Swilling, as Assistant Vice President, Credit Administration. He’ll be based out of Private Bank of Decatur, serving clients across the metro area. “Eric’s personality and... - June 10, 2015 - Private Bank of Buckhead
Fountainhead Commercial Capital Closes Loan for Site Solutions of Central Florida
Fountainhead Commercial Capital announced its first loan closing in May, financing the purchase of a 5,000-sf building and lot for Orlando construction company Site Solutions. - June 06, 2015 - Fountainhead Commercial Capital
Finaeos Formally Announces Partnership with TATA Consulting Services
Finaeos in collaboration with TATA are working to help American SMBs and Entrepreneurs seeking to take advantage of Regulation A+ of the JOBS Act, coming into effect June 19th. - June 05, 2015 - Finaeos
Obduro Capital Closes $2,965,000 SBA 7(a) Loan on Illinois Hotel
Obduro Capital Arranges $2,965,000 SBA Loan for Acquisition of Hotel Property in Calumet City, IL - May 31, 2015 - Obduro Capital LLC
HR Pro Added at Private Bank of Buckhead
rivate Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has added Karen E. Neely, SHRM-CP, as Senior Vice President and Human Resources Director. Neely is the bank’s first full-time HR professional; since its inception in late 2006, it has grown from nine employees to more than 80. - May 22, 2015 - Private Bank of Buckhead
Curt Roese Joins Fountainhead Commercial Capital as Chief Financial Officer
Fountainhead Commercial Capital, a nationwide SBA 504 lender focused on financing owner-occupied commercial real estate, recently announced that Curt Roese, has joined the company as CFO. - April 24, 2015 - Fountainhead Commercial Capital
Mars National Bank Supports Women in Banking
Mars National Bank was well represented at the Pennsylvania Bankers Association's Women In Banking event in March. The event was held at the Hershey Lodge and hosted over 260 women banking professionals. Representing the Bank at the conference were Lisa Kooker, Senior Vice President & Chief... - April 10, 2015 - Mars Bank
Fountainhead Commercial Capital to Enable Lender Outsourcing of SBA 504 Loans
With FastTrack 504™, banks and credit unions can easily offer a commercial financing option through outsourcing SBA 504 loans to Fountainhead Commercial Capital. - April 03, 2015 - Fountainhead Commercial Capital
Direct Business Lending is Moving Due to Expansion and Success
Direct Business Lending, the funding source for all stages of business, is moving to a new and bigger office. With this move, they will hire 30 new employees. - March 27, 2015 - Direct Business 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
Direct Business Lending Becomes BBB Accredited
Direct Business Lending is a fully accredited company with the Better Business Bureau. Direct Business Lending is the funding source for all stages of business. - March 17, 2015 - Direct Business Lending
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
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
TMC Financing Provides SBA 504 Loan to Hyundai's Only in Las Vegas
Woman-owned auto repair shop purchases buildings it had been leasing for 16 years - December 24, 2014 - TMC Financing
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
Keller Williams Southern Nevada Purchases New Office Space
TMC Financing provides $1.3 million SBA 504 loan to help busy real estate office purchase their own space in Henderson. - November 20, 2014 - TMC Financing
Egg Works Opens Sixth Las Vegas Restaurant and Commercial Kitchen
SBA 504 loan through TMC Financing helps popular Las Vegas restaurant chain expand. - October 22, 2014 - TMC Financing
Interface Announces Ongoing Growth
David Banfield, President of The Interface Financial Group, reports on IFG's growth. - October 21, 2014 - The Interface Financial Group
My Franchise USA Website Goes Finally Live
At My Franchise USA fulfilling the American dream is the motto. They assist entrepreneurs to fulfill their business ownership dream, by finding the franchise that meets their profitability goals, their time frame for investment and their passion. - September 27, 2014 - My Franchise USA
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
South Walton Business Brokers Expansion Opens New Office on 30A
South Walton Business Brokers, the premier business brokerage company in Northwest Florida connecting business buyers and business sellers, has expanded and opened a new office on 30A. - September 12, 2014 - South Walton Business Brokers