WITH U.S. SMALL BUSINESS ADMINISTRATION
DALLAS, TX - October 5, 2011
Titan Bank today announced that the U.S. Small Business Administration has designated the Bank as one of its Preferred Lender Providers (PLP). Preferred lender status, the SBA’s most premier accreditation, allows Titan to streamline and expedite the SBA loan approval, closing and servicing functions through delegated authority to underwrite and approve SBA loans on behalf of the SBA. Only the most experienced lenders are awarded the distinction based on their sound, historical record with the SBA. “Achieving PLP status demonstrates our commitment to the SBA program. We plan to strategically grow our SBA division by hiring top tier industry professionals and implementing a streamlined, highly competitive originations platform” said Mick Hogan, Executive Vice President of Titan Bank. He went on to say “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 Titan Bank
Titan Bank, NA is a national bank with a 104 year history of local decision making and relationship banking. It is a full-service bank with the capital, knowledge and people to help entrepreneurs grow small and mid-sized businesses.
Titan Bank specializes in nationwide SBA and USDA Rural Development lending and has a full staff of loan officers, underwriters and processors dedicated solely to SBA and USDA lending.
For more information on obtaining an SBA or USDA loan through TitanBank, please contact one of our SBA Loan Experts at 214.526.7178 or visit our website at www.titanbank.com.
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