Titan Bank Funds Refinance Loan for Office/Warehouse, Carrollton, Texas

DALLAS - May 16, 2013 - PRLog -- Dallas, TX, – Titan Bank, NA announces the funding of a $619,000 loan for the refinance of a +/-10,500 square foot owner occupied office warehouse for Access Technology Systems, Inc. located in Carrollton, Texas.  The company originally built the property with conventional loan which had a balloon feature, a much higher interest rate, and a shorter amortization.  

Ben Deal, Titan Bank’s Vice President of Business Development comments, "Titan Bank provided the long term refinancing for the company headquarters and at a lower interest rate.  This new long term loan affords the company additional capital, via the lower payment, to assist the company with its future growth plans.  Also to note, this loan was closed within 13 days of the loan approval, which further supports our commitment to executing loans on a timely basis for all of our customers”

To quote the customer…”Thanks to Ben Deal & Titan Bank, the entire loan process from start to finish was very enjoyable and without any stress.  Ben and Titan Banks underwriter Allen Walker; made every effort to understand our business needs and even came out to our headquarters to collect the information needed for a quick credit decision.  It was clear to me that Titan Bank was a very experienced SBA lender; knew exactly what they were doing, and moved in a very expeditious manner.  I am also pleased that Titan Bank did not require a banking relationship as a condition of making the loan to our business.  I would recommend anyone who is considering a commercial real estate loan for their business to speak with the professionals over at Titan Bank, as they truly are the leader in small business lending.”

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:

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

  (214)580-1265      
  bdeal@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