Celtic Bank recently announced that Angela Machado has joined the bank as Vice President of Business Development. Machado will provide SBA/USDA loans for the purchase, refinance, or construction of commercial real estate, equipment purchases, debt refinances, business acquisitions and tenant improvements.
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 and will jointly help each business owner get financial aid. Machado said, “Over the years, Jim and I have witnessed how pleased our business clients were to have two seasoned bankers fully dedicated to their needs.” The bank’s CEO, Reese Howell, is excited to have Angela on board since Celtic Bank is expanding its team and they have great plans of funding the growth of the country’s small businesses.
Machado has more than 14 years of direct SBA lending experience. She started her career in financing small businesses at Greater Bay Bank as a Senior Marketing Officer where she was an instrument in increasing SBA loan volumes by 100%. Prior to joining Celtic Bank, she served as a Senior Vice President, Business Development Officer at Pacific Premier Bank where she provided SBA 7a and 504, USDA B&I loans nationwide. Celtic Bank’s new VP is highly regarded in the industry and is known for her expertise in commercial banking, small business lending, and commercial mortgages.
About Celtic Bank
Celtic Bank was named the 6th largest SBA lender in the nation for FY2013. It is a nationwide lender and leading provider of USDA loans, SBA 7(a) and 504 loans. The bank is headquartered in Salt Lake City, Utah. For more information, visit www.celticbank.com.