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FAST GROWING NON-BANK LENDER OPENS WESTCHESTER OFFICE
Hires Former First Union Banker-Manager
WESTCHESTER, N.Y. - June, 2000 - Business Lenders LLC, a non-bank, Preferred Small Business Administration (SBA) lender, continues its nationwide growth by strengthening its foothold in the New York market. Hector A. DaCosta, who has more than 13 years of experience in small business finance and individual portfolio investments, has joined Business Lenders as vice president and loan officer for the metro New York area. He is based in Rockland County in Monsey, NY.
DaCosta comes to Business Lenders from the New York office of First Union Small Business Capital, where he was responsible for more than $10 Million of loan origination within the Hudson Valley region of New York State; Long Island, New York; and Bergen County, New Jersey.
"Hector's areas of expertise are a great fit for us," says Business Lenders Senior Vice President Joseph Miller. "His track record in providing commercial financing solutions to small- and medium-sized businesses should prove to be a definite asset."
A Suffern, New York resident, DaCosta earned a B.A. from State University of New York, Albany, and an M.B.A. from Fordham University, New York.
Headquartered in Hartford, Connecticut, Business Lenders is one of the nation's top-ten, non-bank SBA lenders, with approval to lend in 47 states. A member of the Medallion Financial Group, a New York-based specialty finance company (NASDAQ symbol: TAXI), Business Lenders received the SBA's Gold Award for its volume of approved loans in 1999 and can be reached toll free at (877) 345-6267.
