ORLANDO, Fla., March 24, 2022 (GLOBE NEWSWIRE) — Fountainhead – one of only 14 non-bank commercial finance companies approved by the Small Business Administration (SBA) and specializing in financing the growth of small businesses across the country – welcomes Natalie Preston as Vice President, Senior Loan Reconciliation. In his role, Preston will review and verify all applicable loan documentation necessary to close Fountainhead’s SBA 7(a), SBA 504 and low LTV specialty loan programs.
Preston brings to Fountainhead over 15 years of project management, SBA lending and commercial lending experience. She is certified in SBA Standard Operating Procedures and has worked in the SBA’s Lending Division for First Bank of the Lake, The Bancorp Bank, Ridgestone Bank and more. Additionally, she developed and implemented training processes and procedures for the SBA’s lending departments and was responsible for ensuring compliance with SBA’s standard operating procedures for all SBA lending staff. SBA in a wide range of institutions. Preston’s attention to detail and proactiveness have helped her protect the SBA warranty throughout her career.
Preston is passionate about helping individuals achieve their goals and has developed and maintained relationships with suppliers, borrowers and colleagues over the years. She was appointed to and served on the board of the Illinois State Treasurer’s Office Advisory Council, where she created programs to help business owners access capital. She is also a strong advocate for diversity, serving as chair of diversity and inclusion initiatives at previous institutions.
“Natalie is starting with us at an exciting time,” said Chris Hurn, CEO of Fountainhead. “There has never been more interest in the SBA and what it can do for small businesses. Having Natalie on board will be a tremendous help as we fund more businesses than ever to achieve their goals. .”
“I am thrilled to bring my knowledge and expertise to the Fountainhead family,” said Preston, who is currently based in Charlotte, North Carolina. “With Fountainhead, I am thrilled to join my sister, Maria, and the rest of the team on the quest to make small business dreams a reality.”
For more information about Fountainhead or ways to grow your small and medium business, visit FountainheadCC.com.
Founded in 2015, Fountainhead is one of 14 non-bank direct commercial lending companies approved by the US Small Business Administration (SBA) nationwide, specializing in commercial real estate project financing and business growth financing. small and medium businesses using SBA 7(a), SBA 504, and low LTV conventional loans. The non-bank lender is the largest SBA-approved non-bank lender in the Southeast, the largest Florida-based SBA lender, and was recently named the second fastest growing company in Orlando. The Fountainhead team have been involved in financing over $28 billion in projects over their careers, making them one of the most experienced teams in commercial lending to small and medium business owners. .
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