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Waterstone LSP, partnering with community banks to sharpen SBA lending
The employees of Trinity Commercial Capital and BizLoanFunding.com have formed Waterstone LSP, LLC. Waterstone LSP operates as a U.S. Small Business Administration approved lender service provider serving community banks.
Working together over the past 20 months has resulted in building and refining a proven model for delivery of SBA loan programs through community banks. The focus is now on controlling costs and taking the next step in expanding their foot print and providing comprehensive and economical SBA services and solutions to community banks. “We focus on relationship banking in a spirit of partnership with our community bank clients," said Mark Danford, President and CEO of Waterstone LSP. “Quality, service, and dedication are the hallmarks of our approach delivered through our experienced staff of SBA lending professionals. Our team has the expertise needed to make a difference in SBA lending.”
Building SBA loan departments for community banks one loan at a time, Waterstone’s hands-on approach with bank’s management, loan officers, support staff and small business applicants creates results that go straight to the bottom-line. By outsourcing SBA lending, banks create an SBA loan portfolio with no increase in staff or fixed operating costs. According to Dave Nighswander, EVP and National Sales Manager, “We provide banks the ability to offer SBA lending products to meet small business owners’ needs while reducing capital risk and increasing profits. We understand that in banking and small business, it’s the people who make the difference. At Waterstone, we’re committed to helping our bank partners build new relationships and serve the small business needs in their communities”
The company is headquartered in Houston, Texas. For more information visit our website; http://www.waterstonelsp.com and contact us to find out how our “turnkey” SBA solution fits your bank!
Contact: Mark Danford
Phone: (713) 369-4026
1900 St. James Place