|By PR Newswire||
|April 7, 2014 01:02 PM EDT||
SALT LAKE CITY, April 7, 2014 /PRNewswire/ -- Celtic Bank is pleased to announce that Angela Machado has joined the bank as Vice President of Business Development. Machado will be based in Southern California and will renew a previous partnership with Jim Harris, Senior Vice President of SBA Lending at Celtic Bank. Machado and Harris will combine their expertise in small business lending with their unique approach of jointly helping each business owner arrange needed financing. "Over the years, Jim and I have witnessed how pleased our business clients were to have two seasoned bankers fully dedicated to their needs," said Machado.
Celtic Bank was named the 6th largest SBA lender in the nation for FY 2013, approving $302M in gross SBA loans during fiscal year 2013. "We have experienced tremendous growth over the past several years. We are excited to bring Angela on board as we continue to expand our team and fund the growth of our nation's small businesses," said Reese Howell, Jr., Chief Executive Officer.
Machado comes to Celtic Bank with more than 14 years of direct SBA lending experience and is highly regarded in the industry. She began her career financing small businesses at Greater Bay Bank as a Senior Marketing Officer where she helped increase SBA loan volumes by 100%. Most recently, Machado served as Vice President at Pacific Premier Bank where she was the top producer for 2013, funding nearly $14M in loans. Machado graduated from California State Polytechnic University with a B.S. in Agricultural Science and a minor in Credit and Finance.
About Celtic Bank:
Headquartered in Salt Lake City, Utah, Celtic Bank was named the 6th largest SBA lender in the nation for FY 2013. Celtic Bank is a nationwide lender and leading provider of USDA loans, SBA 7(a) and 504 loans, express loans, asset-based loans, factoring services, residential and commercial real estate loans, and construction loans. For more information, please visit www.CelticBank.com.
SOURCE Celtic Bank