High Desert Bank announces an alliance with Strategic SBA Consulting, LLC to provide loans to small businesses. The alliance combines the business lending expertise of High Desert Bank with the Small Business Administration (SBA) underwriting and packaging abilities of Strategic SBA Consulting.
“We are pleased to partner with a specialist who has a proven track record and is a trusted advisor in SBA lending,” said Zan Hamilton, High Desert Bank’s board chairman. “The alliance complements our vision for strategic growth.”
Strategic SBA Consulting is owned by Cathie Hendrix, a lending professional with 25 years of SBA experience in Oregon and Washington. She has been honored with the prestigious SBA Lender of Excellence award and the regional Financial Services Advocate of the Year award from the U. S. Small Business Administration.
Hendrix noted, “Through this collaboration with High Desert Bank, we will be able to help small businesses grow and expand job opportunities.”
SBA Lending targets small businesses that may have a slightly higher risk profile. High Desert Bank President and CEO, Steve Ferber explained, “SBA loans allow us to meet a customer’s borrowing needs for a greater loan amount than might otherwise be the case. This helps small businesses acquire equipment and buildings, and often expand the number of workers.”
High Desert Bank is a Bend-based FDIC insured federal savings bank with a focus on residential mortgages, residential construction lending and government guaranteed commercial loan (SBA and USDA) programs. In the past two years the bank has expanded mortgage lending to consumers by establishing a loan production office in Beaverton, Oregon.
High Desert Bank is a full service bank offering a broad array of deposit accounts, online and mobile banking. Learn more about High Desert Bank at www.highdesertbank.com.