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Follow on Google News | Titan Bank provides funds to refinance a Full Service Car Wash in Grapevine, TexasTitan Bank, NA announces the funding of a $1,937,000 loan to a full service carwash located in Grapevine, Texas.
By: Titan Bank Jerry Gray, Titan Bank’s Vice President comments, "Titan Bank provided the long term financing for the refinance of existing debt on the car wash. This long term loan assisted the business in lowering its’ loan payments significantly while avoiding a future balloon payment that is found in most conventional loans. The monthly/annual savings in debt service will provide the small business access to additional working capital that can be utilized to grow the business further”. 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: Jerry Gray Vice President Titan Bank, NA 3100 Monticello Ave, Suite 400 Dallas, TX 75205 (214)252-5765 jgray@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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