These PLP lenders delegate the authority to process, underwrite, close and service SBA guaranteed loans without prior SBA review.
In August 2009, Richard Bradshaw joined Carolina First as executive vice president and director to establish and manage a SBA lending unit to generate new customers by focusing on small business lending opportunities in Carolina First Bank’s North Carolina and South Carolina markets and Mercantile Bank’s Florida markets.
He has over 20 years of banking experience, including 15 years of SBA experience. He has hired 17 SBA professionals for the new lending unit.
Mr Bradshaw said: “Carolina First is excited to receive this designation, which enhances our efforts to attract and strengthen our banking relationships with small businesses in the Carolinas and Florida. Plus, it’s consistent with our overall relationship bank strategy. This includes targeting small business customers where we know our customers, understand their businesses, and provide outstanding service.”
