Titan Bank funds its largest SBA Real Estate Loan to date for a office building acquisition in Texas

Titan Bank, NA announces the funding of $4,500,000 loan to acquire an owner/user office building for Ameriflex, located in Carrollton, Texas.
DALLAS - June 7, 2013 - PRLog -- Dallas, TX– Titan Bank, NA announces the funding of a $4,500,000 loan, for the acquisition of a +/-45,350 square foot office building located in Carrollton, Texas. Titan Bank provided the long term financing to facilitate the acquisition of the office building for this growing company.

Pete O’Hern, Titan Bank’s Senior Vice President & National Sales Manager for their SBA Group comments, "Titan Bank provided the long term financing which allowed the company save money, relocate, and acquire a great office building.  This acquisition will give the borrower all the benefits of real estate ownership, while also assisting them with the required room for expansion.  Titan Bank tailored the perfect SBA loan to meet the financial and real estate needs of this growing company.”

To quote William Short, President of Ameriflex…”Titan Bank provided my company the necessary capital which allowed us to acquire a building for my business after leasing our current location for the last several years.  The purchase actually saved the company money when comparing it to our present lease at the time.”

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

  Or visit www.titanbank.com
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Tags:Commercial Real Estate, Sba Loans, CRE Loans, Owner Occupied Properties, Refinance
Industry:Banking, Real Estate
Location:Dallas - Texas - United States
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