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Follow on Google News | Titan Bank Funds Office Warehouse Acquisition, Remodel & Minor Equipment, Cartersville, GeorgiaTitan Bank, NA today announced the funding of a $328,500 loan for the purchase of an owner occupied office warehouse located in Cartersville, Georgia.
By: Titan Bank Ben Deal, Titan Bank’s Vice President of Business Development comments, " The SBA 7a Mortgage Loan provided excellent benefits to the buyer such as a low and affordable down payment (of 10%) which did not fully deplete operational cash for this fire investigation business, the 25 year term with no balloon provision helped keep the monthly P&I very low and our fast turn-around to closing helped the buyer realize a good value.” To quote Jason Hawkins with Paramount Capital (referral source on the transaction) The funding of this loan enables Titan to extend its lead in the SBA, USDA and small business lending sector. As noted recently, Titan Bank received the US Government Small Business Administration’ About Titan Bank Titan Bank was founded in 1907. The bank has a long history of focusing on the needs of small businesses in shifting economies. It is a full-service national bank with the capital, knowledge and staff to help entrepreneurs with their financial needs. Titan Bank is based in Texas and lends in all 50 states. Titan Bank specializes in nationwide SBA and USDA Rural Development lending. The Bank is a SBA Preferred Lender with a full staff of loan officers, underwriters and processors dedicated solely to this practice. For more information on obtaining a SBA or USDA loan through Titan Bank, please contact one of our SBA Loan Experts at 214.526.7178 or visit our website at www.titanbank.com For more information on Titan Bank, contact: Ben Deal VP / Business Development Officer Titan Bank, NA 3100 Monticello Ave, Suite 400 Dallas, TX 75205 (214)580-1265 bdeal@titanbank.com Pete O'Hern SVP / National Sales Manager Titan Bank, NA 3100 Monticello Ave, Suite 400 Dallas, TX 75205 (214)580- pohern@ Or visit www.titanbank.com End
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