PRESS CONTACT:
Judy Hart
Senior Vice President
Director of Marketing
(860) 244-9202
AT THE CORE OF LENDING
Non-Traditional Lender Helps Immigrants and Small Businesses Start-Up and Grow in New York City
NEW YORK, NY - October 12, 1998 - Business Lenders, the nation's tenth
largest non-bank SBA (U.S. Small Business Administration) lender, today
announced the opening of its New York City office. Business Lenders
specializes in non-traditional lending to small businesses, start-up
companies and franchises.
Business Lenders New York office will be headed up by Anthony
Villanueva, and will serve New York City's five boroughs. A former loan
officer with the Hudson County Economic Development Corporation,
Villanueva has financial analyst experience with non-profit, city and
state government, and community organizations in both NewYork City and
northern New Jersey.
"Anthony's people skills and business savvy are an ideal match for New
York's diverse culture and small business opportunities," says Penn
Ritter, executive vice president, Business Lenders. "Our business comes
down to knowing and believing in your customer.
"Many entrepreneurs and small business owners have what it takes to
start or grow their business, but they often do not know where to turn
to borrow capital to begin. Anthony's strategic consulting expertise
will be most valuable in this area."
Headquartered in Hartford, Connecticut, with offices in Arizona,
Massachusetts, New Jersey, and Rhode Island, Business Lenders plans to
expand in New York by opening additional offices to serve the growing
need for non-traditional financing. A member of the Medallion Financial
Group, a New York-based specialty finance company listed on NASDAQ,
Business Lenders can be reached toll free at (800) 646-7689, in New York
at (212) 328-2186
To arrange an on-air interview with Mr. Villanueva, please contact Bryan
Cote at (860) 677-5076.
