WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp is pleased to announce that it has hired James Stolt as the Vice President of Government Guaranteed Lending for Chicago, Illinois and Southern Wisconsin. Mr. Stolt will be responsible for providing Small Business borrowers with financing solutions for their businesses.
Diane Gallion, Senior Vice President and National Manager of the Bancorp’s Government Guaranteed Lending team, said, “We are pleased to bring on James to join our team and expand the Government Lending Group. He 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.”
Mr. Stolt brings with him over 10 years of experience in Government Guaranteed Lending and banking. He comes to us from Wells Fargo Bank, where he served as Vice President in SBA Lending. He brings a wealth of knowledge in Business Acquisitions, Real Estate and SBA lending. He was born and raised in Chicagoland and is an alumni of the Southern Illinois University and an MBA from Northern Illinois University. We are pleased to have Mr. Stolt on board and look forward to a prosperous future with him.
For additional information, contact James Stolt at 312-515-5086, 1250 South Grove, Barrington, IL 60010.
The Bancorp (NASDAQ: TBBK) is a family of financial service companies dedicated to setting a new standard in financial services and payments innovation. The Bancorp remains one of the few financial service companies 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. The Bancorp Bank, one of The Bancorp’s financial institutions, 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.
The Government Guaranteed Lending division of The Bancorp Bank specializes in business loans, health care, and franchise financing through programs available from the U.S. Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA). Our team focuses on government guaranteed lending and has more than 50 years of combined experience in the field.
For more information please visit www.thebancorp.com.