Recent Headlines
Within Small Business Lending
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
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
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
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
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