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44 Business Capital Adds SVP for Philadelphia Region’s SBA Loan Program

June 07, 2013, 10:00 AM

The partners of 44 Business Capital LLC, Philadelphia's #1 SBA lender, announce that Phillip Martin of Wyncote, PA, has recently been hired as Senior Vice President and SBA Loan Officer for the Philadelphia market of 44 Business Capital.

Martin has most recently served as Vice President, Principal Relationship Manager, Business Banking Group at Wells Fargo Bank. A graduate of LaSalle University, Phil has held a variety of financial positions at TD Bank, Citizens Bank and Commerce Bank.

Phil Martin will be responsible for building relationships to support the small business community in the Philadelphia district of the Small Business Administration. Additionally, Phil Martin will be instrumental in leading the SBA Veteran Pledge Initiative at 44 Business Capital. The US Small Business Association recently announced commitment by its top national, regional and community lenders to collectively increase their lending activity to veterans by five percent per year for the next five years.

"This year, 44 Business Capital has pledged to expand direct SBA lending to veterans in our service area of Philadelphia, New Jersey, Delaware, Baltimore MD, Northern VA, Washington DC, and Florida." said Greg Poehlmann, President of 44 Business Capital. "44 is committed to helping veterans refinance their existing small business or assist them in acquiring a business when leaving active service." said Poehlmann. "And now we are excited to introduce our newest loan officer for Philadelphia region, Phil Martin. Phil will be instrumental in supporting this vet pledge. Similar to the principals of 44 Business Capital, Phil has extensive experience managing diverse portfolios and banking relationships and understands the issues facing small businesses today."

44 Business Capital LLC, headquartered in Blue Bell, Pennsylvania is a direct lender leveraging the U.S. Small Business Administration's 7a loan program giving small businesses greater access to capital. Recent loans range from $500,000 to $5,000,000 providing financing for debt refinancing/restructuring, real estate and business acquisitions. 44 Business Capital is a preferred SBA direct lender serving Philadelphia, Pennsylvania, New Jersey, Delaware, Baltimore MD, Northern VA, Washington DC, and Florida.

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