3725 Westwind Boulevard, #100, Santa Rosa, CA 95403, www.apbconnect.com; 707-236-1500
Alden Macabales is a senior vice president and SBA division manager for AltaPacific Bank, and is based in the bank’s Southern California footprint. He began his 23-year SBA career as an SBA loan officer in 1990, and discovered his passion to help small businesses because, as he puts it, “they are, without a doubt, the lifeblood of the U.S. economy.”
Assisting small- and medium-sized businesses to expand their operation and staffing motivates him to structure beneficial financial packages for the borrowers, and Mr. Macabales said that the fully-amortized SBA loans are one of the best financing options currently available for business.
Mr. Macabales said that he works to make himself available to answer questions for clients throughout the application process for an SBA loan. AltaPacific Bank is designated by the U.S. Small Business Administration as a preferred SBA lender.
Mr. Macabales is a graduate of the Executive Program in Management from The Anderson School at University of California, Los Angeles. He has a Bachelor of Science in business administration, with emphasis in finance.
Bank of America, N.A.
10 Santa Rosa Ave., #210, Santa Rosa 95404, www.bankofamerica.com, 707-293-2549
Scott Snow is a senior vice president senior credit products officer for Bank of America’s Business Banking Group in the North Bay, responsible for underwriting, structuring and consulting with business owners concerning their financing needs. Mr. Snow is a 40-year Bank of America veteran serving business clients in Sonoma, Napa and Marin Counties since 1983. Over the years, Mr. Snow has helped numerous business clients finance the purchase or the construction of their business facilities by guiding them through the SBA-504 loan process to help clients obtain financing under the alternative to conventional financing.
“Activity under the SBA-504 program for the purchase of owner-occupied real estate has picked up since the beginning of the year. Business owners are seeing improving signs in the economy, which is making it easier for them to make the jump from being a tenant to an owner of a commercial property,” he said.
Mr. Snow takes pride in that he has been able to take part in helping many business clients in the North Bay grow their business and to maintain long lasting business relationships with these clients as their businesses have grown.
Mr. Snow is active in the Children’s Village of Sonoma County; an organization that provides an opportunity for foster children siblings to remain together.
Bay Area Development Company
1801 Oakland Blvd., #100, Walnut Creek, 94596, www.baydevco.com, 925-472-5603
As vice president and loan officer at Bay Area Development Co., Robert Thompson is in charge of business development for the North Bay. His career began in 1985 with First Capital CALBIDCO, which later became First Capital, where he was a credit officer focused on underwriting SBA 7(a) requests. Mr. Thompson rose to senior credit officer and senior development roles before joining Bay Area Development Company in 1995. He is a graduate of the University of Massachusetts, with a bachelor’s degree in business and an emphasis in marketing.
CDC Small Business Finance
1012 Torney Ave., San Francisco, 94129, www.cdcloans.com, 415-531-9313
As the Bay Area loan officer for CDC Small Business Finance, Kelly Ryan helps small and growing businesses in the region purchase their own building using SBA-504 financing. She has specialized in providing SBA loans for the past decade, and is a graduate of Vanderbilt University. Ms. Ryan said she is most proud when she drives by properties she has helped finance. “It’s the satisfaction knowing I’ve provided long-term value in putting small businesses on the road to future prosperity and creating jobs.”
Ms. Ryan noted that there is currently bipartisan enthusiasm in Congress to bring back the SBA 504 refinance program, a temporary program that allowed debt refinancing under the 504 loan structure. The program, which had proven popular after tweaks that simplified the underwriting process, expired last September.
“This program will enable small business owners to refinance existing commercial mortgages, lowering their monthly mortgage payments to take advantage of historically low interest rates,” she said.
Community West Bank
3001 Douglas Blvd., Roseville, 95648, www.communitywestbank.com, 916-780-3102
James Battaglia is the Division Manager for SBA lending throughout California for Community West Bank. His SBA career began in 1985, and he has been with Community West Bank since 2003. Mr. Battaglia has a bachelor’s degree in economics from the University of Oregon.
Mr. Battaglia said that the economy in the North Bay and Northern California in general has stabilized, but growth is gradual.
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