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Follow on Google News | Titan Bank Refinances Restaurant Building, San Antonio, TexasTitan Bank, NA today announced the funding of a $475,000 loan to refinance Crumpets Restaurant & Bakery located in San Antonio, Texas
By: Titan Bank Ben Deal, Titan Bank’s Vice President of Business Development comments, "Titan Bank provided the long term solution for the refinance of the restaurants conventional real estate loan. Additionally, Titan Bank reviewed the operating company’s over all debt structure and added funds to the overall financing package which allowed the borrower to refinance additional notes that were at much higher rates of interest. Titan Bank provided a single loan solution to the borrower, who in turn was able to lower the businesses overall monthly obligations by over $4,000/month! To quote Francois Maeder, Chef/Owner of Crumpets…”I was very impressed how Ben Deal and Titan Bank coordinated their Business Development, Credit & Closing functions to allow me to close my loan in 20 working days from ‘Approval’ 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: Ben Deal VP / Business Development Officer Titan Bank, NA 3100 Monticello Ave, Suite 400 Dallas, TX 75205 (214)580- bdeal@ 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 End
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