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Titan Bank Funds Partner Buy Out, Heaven Sent Pizza, Cleburne, Texas

Titan Bank, NA today announced the funding of a $417,000 loan for a Partner Buy Out of a 9 unit Domino's Franchisee located in Cleburne, Texas.

 
PRLog - Jan. 10, 2013 - Dallas, TX, January 10, 2013 – Titan Bank, NA today announced the funding of a $417,000 loan for the Partner Buy Out of “Heaven Sent Pizza” a 9 unit Domino's Franchise located in Cleburne, Texas.  The operating partner who bought out his minority partner established this business in 1989 and operates 9 Domino's Pizza stores located in Central Texas.

Brian Sheets, Titan Bank’s Vice President of Business Development comments, "Titan Bank provided the right financing terms that allowed the partnership buyout to be consummated as planned.  The loan allowed the borrower to increase his ownership position in the business to 100%”.  

Ron Russek II, President & CEO commented…”I would recommend Brian Sheets and Titan Bank Team to anyone wanting to get a loan. They were great to work with and helped me expedite my partner buyout in a quick and efficient way. I would do business with Titan Bank again in the future ‘in a second’. I had two other financing opportunities available to me at the time, but I am glad I went with Titan Bank”.

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’s Rising Star Award for the SBA’s Dallas Region.  The award is the latest recognition for Titan Bank, one of the few remaining chartered banks that focus primarily on loans to small companies.  Titan Bank intends to continue its expansion in this sector as it plans to double its lending staff in the next twelve months nationwide.

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:

   Brian Sheets        
   VP / Business Development Officer
   Titan Bank, NA
   3100 Monticello Ave, Suite 400
   Dallas, TX 75205

   (214)997-4007      
   bsheets@titanbank.com

  Pete O'Hern
  SVP / National Sales Manager
  Titan Bank, NA
  3100 Monticello Ave, Suite 400
  Dallas, TX 75205

  (214)580-3174
  pohern@titanbank.com

Or visit www.titanbank.com

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Contact Email:
***@bmccapital.com Email Verified
Source:Titan Bank
Phone:214-526-7178
Zip:75205
City/Town:Dallas - Texas - United States
Industry:Banking, Accounting
Tags:sba 7a loans, sba financing, Partner Buy Outs, mergers acquisitions, Franchise
Shortcut:prlog.org/12056387
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