By Joyce Dimaculangan
The Bancorp announced that James Stolt has joined the company as the Vice President of Government Guaranteed Lending for Chicago, Illinois and Southern Wisconsin. As Vice President, Mr. Stolt will be responsible for providing Small Business borrowers with financing solutions for their businesses.
Mr. Stolt has more than 10 years of experience in Government Guaranteed Lending and banking. Prior to joining The Bancorp, he served Wells Fargo Bank as Vice President of SBA Lending. He is an expert in Business Acquisitions, Real Estate and SBA lending.
The Bancorp is excited to have Mr. Stolt on board. Diane Gallion, Senior Vice President and National Manager of the Bancorp’s Government Guaranteed Lending team, said, “James will be a great asset in expanding our presence in these markets utilizing the group’s various programs dedicated to helping small business owners across all business disciplines.”
A native of Chicago, Mr. Stolt has a Master in Business Administration from Northern Illinois University and he earned a Bachelor of Science degree in Business from the Southern Illinois University.
About The Bancorp
The Bancorp is a group of financial service companies and is one of the few in the world that specializes in providing private-label banking and technology solutions for non-bank companies ranging from entrepreneurial start-ups to those on the Fortune 500. It operates as the financial holding company for The Bancorp Bank that provides various commercial and retail, and related banking products and services to small- and medium-sized businesses in the United States. The Bancorp Bank has been recognized as a National Preferred SBA Lender, a top custodian of Health Savings Accounts, a top ACH Originator, a top merchant acquirer and is the leading issuer of prepaid cards. For more information visit www.thebancorp.com.