The Loan Committee™

The Life Cycle of an SBA Loan was the topic at The Loan Committee luncheon held on July 19, 2013 at the Tower Club.  The panel included Miguel Gonzalez, Assistant District Director of the SBA, Mitch Fogel, Esq. with Fogel Law Group, Jeni Chokron, VP with SunTrust Bank, Rick Von Minden, SBA Business Development Officer with TD Bank, and Alejandro Buitrago with Florida First Capital Finance Corporation.  The presentation included a discussion of governments role and addressing lender and borrower concerns, the pre-underwriting and underwriting process, 7A and 504 eligibility requirements, documentation requirements for 504 loan approval, CDC’s role, and the closing process – obstacles and pitfalls.

Regent Bank has an opening for a Commercial Loan Officer in their Fort Lauderdale office due to a pending retirement.  Please visit the Regent Bank website (http://www.regentbank.com) for details.

BRAD COX, CCIM, CPM, Senior Vice President with Thomas D. Wood and Company, understands where to find capital in today’s commercial real estate market, helping clients add value to their properties, resolve debt-related issues and closed transactions quickly and efficiently.

Thomas D. Wood and Company specializes in arranging capital for commercial real estate investors.  Loan sizes are $500,000 and up.  Fixed rate terms of 3-5-7-10-15 or 20 years can be structured.  They have been a very active Florida based commercial mortgage banker for the past 38 years with six offices, over 30 employees and a loan servicing portfolio exceeding $1.2 Billion.  A number of active life insurance company lenders have been represented for many years and the company also has solid relationships with community banks, private lenders, and portfolio lenders.  Contact BRAD COX at 941-552-9731 (Sarasota) for additional information on lenders, client testimonials and recent closings.