Celtic Bank announced that it has hired Jeff Rauth as Vice President of Business Development in the Bank’s SBA and Commercial Lending department. Rauth will be based in Troy, Michigan.
Rauth brings with him more than 15 years of experience in the commercial real estate and finance industries. Prior to joining Celtic Bank, he held the position of Vice President of Business Development at Titan Bank. He began his professional career as a commercial real estate broker specializing in the lease and sale of industrial and office real estate. He was with Commercial Financial Advisors where he sourced commercial real estate loans nationwide. For the past 10 years, Rauth has worked in the finance industry focusing on commercial mortgages and SBA loan origination. He has averaged over $10MM in real estate-based loans on an annual basis.
Celtic Bank is excited to bring Rauth on board. Executive Vice President of SBA Lending at Celtic Bank Craig Calafati said, “Jeff comes from a family of small-business owners. His entrepreneurial spirit, combined with his experience in commercial real estate and SBA financing makes Jeff a great fit for Celtic Bank.”
Rauth earned his Bachelor of Arts degree from The George Washington University.
About Celtic Bank
Founded in 2001 and headquartered in Salt Lake City, Utah, Celtic Bank was named the 6th largest SBA lender in the nation for FY 2013. It 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. Celtic Bank is an Equal Housing, Preferred SBA, and FHA lender. Additional information is found at the Bank’s website at www.celticbank.com.