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Follow on Google News | Titan Bank refinances hotel property located in Temple, TexasTitan Bank, NA today announced the funding of a $1,419,000 loan for the refinance and property improvements to a franchise hotel located in Temple, Texas.
By: Titan Bank Jerry Gray, Titan Bank’s Vice President comments, "The SBA 7a Loan provided the borrowers with the ability to refinance their existing conventional loan which was at a higher rate of interest and simultaneously complete the required property improvements in order to rebrand the property to a Baymont Inn & Suites. 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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