GREENVILLE, S.C., Sept. 11, 2013 (GLOBE NEWSWIRE) -- CertusBank, N.A. announced today that the U.S. Small Business Administration (SBA) has designated the bank as one of its Preferred Lender Providers (PLP). Preferred lender status, the SBA's premier accreditation, allows CertusBank to streamline and expedite SBA loan approval, closing, and servicing functions through delegated authority to underwrite and approve loans on behalf of the SBA. "Only the most experienced lenders are awarded this distinction based on their sound historical record with the SBA," said George Vredeveld, Executive Vice President of CertusBank.
"Achieving PLP status demonstrates our commitment to the SBA program. We plan to strategically grow our small business finance division by continuing to deliver highly competitive and customized financing packages to our clients," said John Handmaker, Executive Vice President of CertusBank. "We can now offer an even higher level of service to our small business clientele by providing rapid loan approvals and streamlined loan closings."
About CertusBank, N.A.:
With nearly $2 billion in assets, CertusBank is a full-service, nationally chartered bank with operations in twelve states including Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, North Carolina, Ohio, South Carolina, Tennessee, Texas and Virginia. Headquartered in Greenville, SC, CertusBank offers a full range of Consumer, Commercial, SBA Lending, Treasury Management and financial planning solutions. With the acquisition of Quadrant Financial, Inc. in January 2013, CertusBank became a national leader in SBA 7a lending and the largest SBA lender by volume based in South Carolina. Learn more about the company's commitment to bringing innovative, smart solutions to its customers' financial lives by visiting CertusBank.com.