Wells Fargo is America’s top SBA lender for small businesses in 2015

#sba lenders

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Wells Fargo is America’s top SBA lender for small businesses in 2015

U.S. Small Business Administration data shows Wells Fargo approved more SBA 7(a) loan dollars and units than any other lender for 2015 federal fiscal year

SAN FRANCISCO, Oct. 12, 2015

Wells Fargo Company (NYSE: WFC) approved more SBA 7(a) loans and dollars for America’s small businesses than any other lender in federal fiscal year 2015 (October 2014 – September 2015), according to recently released U.S. Small Business Administration (SBA) data. During the year, Wells Fargo approved 7,254 SBA 7(a) loans totaling more than $1.9 billion nationwide – an increase of 79 percent in loans and 18 percent in dollars to small businesses compared to the same period a year ago.

“It’s rewarding to know that every SBA loan we approve is helping more American small business owners succeed financially and grow their businesses,” said Donna Serres, head of Wells Fargo’s SBA Lending Division.

“At Wells Fargo, we are proud of our year-over-year growth in the number of SBA loans we have extended as it shows we are meeting the credit needs of even more business owners, particularly smaller, newer businesses and diverse-owned businesses,” said Marc Bernstein, head of Wells Fargo Business Direct, which focuses on making small business loans under $100,000.

In Orlando, Fla. one business that received an SBA 7(a) loan through Wells Fargo was The Fighter Law Firm. An active military veteran, business owner Thomas Feiter had been renting space for his law firm for several years. The SBA loan provided financing for his firm to purchase and improve an existing office building.

“While I was deployed in the Middle East as part of my military duties, I dreamed of returning home and owning a place for my business,” said Feiter. “Working with Wells Fargo helped me realize that dream and also gave me the opportunity to complete additional improvements to the business, which has yielded greater revenues.”

Wells Fargo is the No.1 SBA 7(a) lender in dollars in 13 states – Arizona, California, Colorado, Connecticut, Iowa, Minnesota, Montana, Nebraska, Nevada, New Mexico, South Carolina, South Dakota and Texas – and the No. 1 SBA 7(a) lender in number of loans (units) in 16 states – Alaska, Arizona, California, Colorado, Florida, Georgia, Minnesota, Montana, North Carolina, Nebraska, Nevada, New Mexico, South Carolina, South Dakota, Virginia and Wyoming.

“SBA Lending is an important part of Wells Fargo’s support for small businesses because it gives us the ability to provide essential financing for small business customers who may not be able to obtain a conventional loan,” said Serres. “Whether we’re extending an SBA 7(a) loan or referring a business to a lender in the SBA’s Community Advantage Loan program, we want to do everything we can to meet the financial needs of more small businesses in every market and help them propel our economy forward.”

Wells Fargo recently established referral relationships with more than 20 nonprofits and other lenders in cities across the country participating in the SBA’s Community Advantage program. Participants in the SBA’s program specialize in providing hands-on guidance to small businesses and offering credit to qualifying businesses in underserved markets. The referral network is one part of Wells Fargo’s four-point plan to help diverse-owned small businesses become credit-ready, access credit and achieve financial success.

In addition to being the nation’s No. 1 SBA lender, Wells Fargo is America’s No. 1 lender to small businesses in low-and-moderate-income neighborhoods for both loans under $100,000 and under $1 million lending categories, according to the most recent Community Reinvestment Act (CRA) data (2002-2014 CRA data).

About Wells Fargo

Wells Fargo Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 12,800 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 266,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories .

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Mortgages Unlimited #mn #mortgages, #mortgages #unlimited, #minnesota #mortgage, #minnesota #mortgages, #mortgage #rates


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MN, WI, and SD Home Mortgage Loans

As a Direct Mortgage Lender, MN, WI, and SD home loans are all we do. We beat the banks, the big internet lenders, and the Realtor’s in-house lender everyday with our great interest rates on home loans, and personalized service from LOCAL professional Licensed Loan Officers. Our ultimate goal is to create lasting relationships by closing your home loan on time with a stress free process.

READY TO APPLY? Our Secure Online Mortgage Application is available 24/7. There is no application fee, and we will only move forward with an actual loan your permission after reviewing all your options with you.

WANT JUST A QUICK QUOTE? Complete the Online Mortgage Rate Quote Form . This option allows our Licensed Loan Officers the opportunity to research current mortgage interest rates, refinance options and programs, then get back to you with our accurate quote.

Check today’s mortgage interest rates based on your personal situation. Get live market mortgage rates and closing cost cost options. Pick what interest rate or closing cost option works best for you.

Call (651) 552-3681. Speaking with an experienced, and Licensed Loan Officer is easily the best way to apply, or to obtain an accurate interest rate quote and an Estimate of closing costs.

Your Loan Officer in an important decision. Why choose Joe Metzler to assist you?

2016 – Top 300 Loan Officer in the Nation (National Mortgage News )
2015 – Top 100 Loan Officer in the Nation (Orignation News )
2014 – Minnesota Loan Officer of the Year (Minnesota Mortgage Association)
2012 – Best Mortgage Professionals in the Twin Cities based on Customer Satisfaction (Minneapolis St Paul Magazine)
2011 – Top 40 Most Influential Mortgage Professionals to Watch (National Mortgage Professional Magazine)
2010 – Top 150 Loan Officer in the Nation (Origination News)

TOP REASONS YOU SHOULD HAVE US HELP YOU:

We keep it simple for you! Slick advertising is not our game. We are a top MN lender, and it’s not just because of our LOW mortgage rates. Its because we offer the whole package. We provides fully automated processing, with all of the latest instant approval systems. We even give you instant Email notification for each step of your loan!

NO applications fees

Minnesota based – not some out-state 800 number

Purchase: Using your Realtor’s in-house lender, or the big banks

Refinance: Assuming the company you currently make payments to is your best option

Dakota County First Time Homebuyer City Living Program Zero down Payment VA Loans and USDA Rural Development Loans HARP Lender in MN, WI, and SD (Home Affordable Refinance Program

Mortgages Unlimited CLIENT TESTIMONIALS

“Thanks for helping us get this done, I really didn’t think I could refinance. I called on a whim because you had placed my original mortgage on this house. Now we will be enjoying a lower house payment for years to come. Best wishes to you.”
Angie W. St Paul, MN

“Hello Joe Eric, I just wanted to personally thank you both for helping me secure my home in Cottage Grove. You made the process simple and easy to follow and took a lot of worry out of purchasing the home. I will gladly recommend you to anyone who is also seeking a home mortgage.”
-Tim M. Minneapolis, MN
(Read more client testimonials)

Mortgage Loan Programs

Conducting Your Minnesota, Wisconsin, or South Dakota Mortgage Rate and Lender Search

Shopping for a home loan has never been this easy. To obtain the most accurate and up-to-date mortgage rate quote for your loan scenario, call us at 651-552-3681. If you are simply shopping for a mortgage. you can fill-out our easy Mortgage Rate Quote Form and someone will usually contact you within minutes with that information.

Y ou can also initiate the application process by completing our Secure Online Mortgage Application. We advertises our services in many places and we are committed to honoring the displayed rates and mortgage closing costs as defined by the various publishers’ guidelines.

You can always count on Mortgages Unlimited for great rates and low mortgage closing costs. Please do not hesitate to contact us with any questions. We are always here to address your concerns and offer you up-to-the minute mortgage quotes and home loan advice.

Smart people know Mortgages Unlimited is your St Paul, Minneapolis best lender choice for your home loan needs.

Our staff of Loan Officers are thankful for the opportunity to provide you with comprehensive mortgage rate quotes and mortgage closing cost information. Your Loan Officer will be happy to provide you with a Good Faith Estimate and Truth-In-Lending Statement so that you can better compare Mortgages Unlimited to other Mortgage providers. We wish you the best during your loan process, and remind you that a low rate quote is only part of your overall satisfaction!

I know you have lender options, and I understand the importance of securing the very best interest rate and lowest closing costs for you and your family. I do not take that obligation lightly and will work hard to prove the value in having a long term relationship with myself and my team.

Joe Metzler and his team are committed to helping you make a truly informed mortgage decision. Our advice goes way beyond just quoting rates and fees. We provide you with a complete analysis of your mortgage debt picture through analysis and reports. Most people don’t understand the life changing differences between different loan programs. We do. Learn More

Get real interest rate and closing cost estimates so you can see specific numbers right up front. No surprises. Our rates are typically 0.125% to 0.25% lower than the big banks and little mom-and-pop mortgage brokers, with lower closing costs, too.

With our low interest rates and low closing costs. you might be wondering about the kind of service or expertise you ll receive. You re in for a pleasant surprise. We ve gone to great lengths to streamline the loan process and make it the easiest, most convenient experience imaginable. No appointment needed. No account numbers or shoebox full of financial papers. Just the information that s in your head.

Find out how good it feels to work with a lender that delivers on both price and service, and read a few real customer comments. Then you’ll know why we enjoys a 98.0% overall recommendation rating. which we’d like to point out is a far higher standard than mere satisfaction.

I have closed thousands of loans in my career. That’s a lot! Those customers contributed to our continuing success because they know WE GOT THEM A BETTER DEAL!

We can do the same for you ! So if you are checking mortgage rates in Minneapolis, St Paul, all of Minnesota, Wisconsin, or South Dakota. we can help you get the lowest cost mortgage of anyone on your area, saving you thousands of dollars!


Martha C #attorney, #lawyer, #partner, #lawsuit, #divorce, #dispute, #complaint, #corporation, #partnership, #business


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Certified Specialist in Tax Law. Arizona Board of Legal Specialization

Martha Patrick is a peer review rated AV Preeminent attorney who has been recognized by The Best Lawyers in America in the field of Tax Law every year since 2008. Martha was named 2014 and 2016 “Lawyer of the Year” in Phoenix for Tax Controversy and Litigation, a prestigious honor as only one attorney in each metropolitan market is named in represented practice areas. In addition, Martha has been selected as a Southwest Super Lawyer from 2007-2016 and as one of Arizona s Finest Lawyers since the program began in 2011.

Martha joined Burch Cracchiolo in 1987 after nine years as a senior trial attorney in the Office of Chief Counsel of the Phoenix and San Diego Districts of the Internal Revenue Service, handling both criminal and civil tax controversies. She also worked closely with the Criminal Investigation Division of the IRS, providing advice and legal representation in criminal tax investigations.

Martha is Certified as a Tax Specialist by the State Bar of Arizona. Her practice deals exclusively with tax controversies, handling both civil and criminal matters. Drawing on her experience with the IRS and her first-hand knowledge of its practices and procedures, as well as over 25 years of experience serving clients in private practice, Martha represents taxpayers involved in civil and criminal tax controversies before the Internal Revenue Service, the Arizona Department of Revenue and other taxing agencies, from the inception of a tax audit, the administrative appeal and litigation before the United States Tax Court, the United States District Court, the Arizona Tax Court, and the federal and state courts of appeal. She also represents clients in tax collection matters, negotiating installment payment agreements, offers in compromise, voluntary disclosure and amnesty matters, and seizure and forfeiture actions. Martha has considerable experience handling levy enforcement and lien matters, currency violations and all forms of civil and criminal tax investigations.

Honors Awards

Selected, Best Lawyers in America, 2014, 2016, Lawyer of the Year, Phoenix, Tax Controversy

Selected, Best Lawyers in America
Tax Law 2008-2017 editions

Selected, Southwest Super Lawyers
Tax Law 2007-2017

Selected, Arizona s Finest Lawyers 2011-2017

Selected, Arizona Business Magazine Top Lawyers, Tax, 2014-2016

Top 25 Women Attorneys, Southwest Super Lawyers, 2013-2014, 2017

Selected, Arizona Business Magazine 2016-2017 Top 100 Attorneys in Arizona

Ranked AV Preeminent 5.0 out of 5* in Martindale Hubbell*

*AV Preeminent and BV Distinguished are certification marks of Reed Elsevier Properties Inc. used in accordance with the Martindale-Hubbell certification procedures, standards and policies.

Representative Engagements

Achieved dismissal of two criminal cases after referral by IRS to Department of Justice (a significant achievement in light of the considerable review that occurs prior to referral)
Assisted numerous clients in voluntary disclosure and amnesty programs related to both offshore and domestic issues
Represents restaurant owners, sports figures, business owners and entrepreneurs in all phases of civil and criminal cases arising from tax matters.
Represents potential witnesses and targets before Grand Jury in criminal tax cases
Represents taxpayers in obtaining innocent spouse status in connection with tax liabilities arising from joint tax returns for both domestic and offshore matters
Represents businesses with employment tax challenges involving assessment and collection issues
Represents individuals in connection with proposed assessment of trust fund recovery penalties resulting from underpaid employment taxes
Represents taxpayers in civil and criminal forfeiture actions resulting from currency violations

Other Relevant Employment

Prior to joining Burch Cracchiolo, Martha was a senior trial attorney with the Internal Revenue Service, working for nine years in the San Diego and Phoenix District Counsel offices on both criminal and civil matters.

Professional Leadership

Former member, Executive Committee, Tax Law Advisory Commission, State Bar of Arizona

Professional Affiliations


Wells Fargo is America’s top SBA lender for small businesses in 2015

#sba lenders

#

Wells Fargo is America’s top SBA lender for small businesses in 2015

U.S. Small Business Administration data shows Wells Fargo approved more SBA 7(a) loan dollars and units than any other lender for 2015 federal fiscal year

SAN FRANCISCO, Oct. 12, 2015

Wells Fargo Company (NYSE: WFC) approved more SBA 7(a) loans and dollars for America’s small businesses than any other lender in federal fiscal year 2015 (October 2014 – September 2015), according to recently released U.S. Small Business Administration (SBA) data. During the year, Wells Fargo approved 7,254 SBA 7(a) loans totaling more than $1.9 billion nationwide – an increase of 79 percent in loans and 18 percent in dollars to small businesses compared to the same period a year ago.

“It’s rewarding to know that every SBA loan we approve is helping more American small business owners succeed financially and grow their businesses,” said Donna Serres, head of Wells Fargo’s SBA Lending Division.

“At Wells Fargo, we are proud of our year-over-year growth in the number of SBA loans we have extended as it shows we are meeting the credit needs of even more business owners, particularly smaller, newer businesses and diverse-owned businesses,” said Marc Bernstein, head of Wells Fargo Business Direct, which focuses on making small business loans under $100,000.

In Orlando, Fla. one business that received an SBA 7(a) loan through Wells Fargo was The Fighter Law Firm. An active military veteran, business owner Thomas Feiter had been renting space for his law firm for several years. The SBA loan provided financing for his firm to purchase and improve an existing office building.

“While I was deployed in the Middle East as part of my military duties, I dreamed of returning home and owning a place for my business,” said Feiter. “Working with Wells Fargo helped me realize that dream and also gave me the opportunity to complete additional improvements to the business, which has yielded greater revenues.”

Wells Fargo is the No.1 SBA 7(a) lender in dollars in 13 states – Arizona, California, Colorado, Connecticut, Iowa, Minnesota, Montana, Nebraska, Nevada, New Mexico, South Carolina, South Dakota and Texas – and the No. 1 SBA 7(a) lender in number of loans (units) in 16 states – Alaska, Arizona, California, Colorado, Florida, Georgia, Minnesota, Montana, North Carolina, Nebraska, Nevada, New Mexico, South Carolina, South Dakota, Virginia and Wyoming.

“SBA Lending is an important part of Wells Fargo’s support for small businesses because it gives us the ability to provide essential financing for small business customers who may not be able to obtain a conventional loan,” said Serres. “Whether we’re extending an SBA 7(a) loan or referring a business to a lender in the SBA’s Community Advantage Loan program, we want to do everything we can to meet the financial needs of more small businesses in every market and help them propel our economy forward.”

Wells Fargo recently established referral relationships with more than 20 nonprofits and other lenders in cities across the country participating in the SBA’s Community Advantage program. Participants in the SBA’s program specialize in providing hands-on guidance to small businesses and offering credit to qualifying businesses in underserved markets. The referral network is one part of Wells Fargo’s four-point plan to help diverse-owned small businesses become credit-ready, access credit and achieve financial success.

In addition to being the nation’s No. 1 SBA lender, Wells Fargo is America’s No. 1 lender to small businesses in low-and-moderate-income neighborhoods for both loans under $100,000 and under $1 million lending categories, according to the most recent Community Reinvestment Act (CRA) data (2002-2014 CRA data).

About Wells Fargo

Wells Fargo Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 12,800 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 266,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories .

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New Jersey Foreclosure Defense Attorney: Camden County Foreclosures #foreclosure #defense #attorney, #new


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We also have a Florida Loan Modification Attorney available in our Miami office for South Florida residents, and we have a New York Loan Modification Lawyer available in our Times Square office for New Yorkers.

Diaz Associates, P.A.
your New Jersey Foreclosure Defense Attorney

Just about everybody knows that over the past few years our economy has been in a significant downtrend. Expansive and sometimes very expensive homes were bought with very little money down and they have since lost a substantial portion of their former value. Home owners have lost their jobs, forced to accept lower compensation, and small business owners have seen their income slashed. It’s no wonder why so many of our neighbors are facing foreclosure.

Before you decide what Foreclosure Defense strategy might work best for you, it is important that you have a basic understanding of New Jersey Foreclosure laws.

New Jersey Mortgage and Foreclosure Law Primer

  • In New Jersey is a Lien Theory State in which the property acts as security for the loan. The document which is considered the lien is called the Mortgage
  • In order for the lender to begin foreclosure proceedings he must file with the Superior Court in what is known as a Judicial Foreclosure . Foreclosures are handled within the Superior Court by their Foreclosure Unit .
  • The filed Foreclosure Complaint must be accompanied with a Lis Pendens , which is documentation that proper public notice has been given on the property that is being foreclosed.
  • The length of time it takes to foreclose is dependent on the court’s schedule. New Jersey has one the longest waits. It normally takes about 250 days for an uncontested foreclosure. This can be further delayed if the home owner contests the action, files petitions for delays, or files for bankruptcy.
  • The Home owner has 35 days to file an answer to the Foreclosure Complaint. If this is not done the home owner will be considered in default.
  • Once a default is declared, the lender must wait another 45 days before the court’s final judgment is issued and a Writ of Execution is issued and sent to the local Sheriff’s office to start the foreclosure sale process.
  • The home owner in default must be given a minimum of 10 days notification before the foreclosure sale can occur.
  • The State of New Jersey has a Right of Redemption Statue which allows a foreclosed home owner to reclaim his property by paying the full amount of the unpaid loan plus costs. The law gives the party 10 days to redeem the home after the foreclosure sale.
  • New Jersey allows for a Deficiency Judgment which can be applied if the property is sold at public sale for less than the balance owed. This means the borrower is still held responsible for the difference. Fortunately New Jersey has the Fair Market Credit doctrine where, in such cases of low or minimal bids, gives due credit to the borrower, at the Fair Market Value value of the home. To make use of the Fair Market Credit law, such deficiency actions must be brought within 3 months after the foreclosure sale.

Mortgages Background

In days gone by, home mortgages were held for the entire life of the loan by the same lender to whom you originally applied. If you had a problem, it was a simple matter to call your local bank manager, explained your situation, and they would try their best to work something out for you. During the last decade securitizing home mortgages has made a lot of difference. A mortgage loan that hasn’t been combined and sold to investors is a rarity. It’s these investors, and not the loan originator, who has the final say on any aspect of your mortgage. They normally retain servicers , who collect your payments, issue default notices, and in some cases initiate foreclosure proceedings. There are some who receive financial compensation for foreclosures, and therefore they may view foreclosures as an incentive.

Foreclosure Defense

Foreclosure defense is basically combating your lender who is attempting to foreclose on your home by either stalling or stopping the process in its entirety. All of this may be a little intimidating, but do not despair, there are ways homeowner can fight back against the foreclosure machine. When these mortgages were sold and bought, the banks didn’t necessarily always follow the law. Sometimes critical paperwork has been lost or not completed at all, or may have improper endorsements. In some cases, in the name of expediency, homeowners’ signatures were forged. The hasty transfer of the multitudes of mortgages that occurred during mortgage heydays of 2003 – 2008 generated lots of errors and discrepancies. This, indeed, is where foreclosure defense can be best applied.

In New Jersey, foreclosure has to be undertaken with the supervision of the Superior Court. Your lender is required to provide proof that they have the right to foreclose. This gives your foreclosure defense lawyer the opportunity to thoroughly examine the lender’s file. He also has the right to ask employees questions concerning the loan. Can the lender provide proof that they own the mortgage and note? Can they produce proper documentation that they have the legal standing to file a foreclosure proceeding. If the loan was sold or transferred, can they provide evidence that the loan was properly transferred? These issues, the lender’s right to foreclose and therefore prevent them from doing so.

There have been some cases on record in which, by exposing deficiencies in their processes such as rubber stamping of documents has allowed homeowners to retain their homes for months or even years without making mortgage payments. Most foreclosure defense strategies have focused on the shoddy record-keeping performed by lenders. Even if your lender made no errors, your foreclosure defense lawyer can slow down the foreclosure process by forcing your lender to prove their case. This delay could give you the time necessary to affect a more permanent solution.

Since errors by lenders are so wide spread, don’t try to go it alone. ContactDiaz Associates, your New Jersey Foreclosure Defense Lawyer.

Contact Us Today for a
FREE Consultation.


Wells Fargo is America’s top SBA lender for small businesses in 2015

#sba lenders

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Wells Fargo is America’s top SBA lender for small businesses in 2015

U.S. Small Business Administration data shows Wells Fargo approved more SBA 7(a) loan dollars and units than any other lender for 2015 federal fiscal year

SAN FRANCISCO, Oct. 12, 2015

Wells Fargo Company (NYSE: WFC) approved more SBA 7(a) loans and dollars for America’s small businesses than any other lender in federal fiscal year 2015 (October 2014 – September 2015), according to recently released U.S. Small Business Administration (SBA) data. During the year, Wells Fargo approved 7,254 SBA 7(a) loans totaling more than $1.9 billion nationwide – an increase of 79 percent in loans and 18 percent in dollars to small businesses compared to the same period a year ago.

“It’s rewarding to know that every SBA loan we approve is helping more American small business owners succeed financially and grow their businesses,” said Donna Serres, head of Wells Fargo’s SBA Lending Division.

“At Wells Fargo, we are proud of our year-over-year growth in the number of SBA loans we have extended as it shows we are meeting the credit needs of even more business owners, particularly smaller, newer businesses and diverse-owned businesses,” said Marc Bernstein, head of Wells Fargo Business Direct, which focuses on making small business loans under $100,000.

In Orlando, Fla. one business that received an SBA 7(a) loan through Wells Fargo was The Fighter Law Firm. An active military veteran, business owner Thomas Feiter had been renting space for his law firm for several years. The SBA loan provided financing for his firm to purchase and improve an existing office building.

“While I was deployed in the Middle East as part of my military duties, I dreamed of returning home and owning a place for my business,” said Feiter. “Working with Wells Fargo helped me realize that dream and also gave me the opportunity to complete additional improvements to the business, which has yielded greater revenues.”

Wells Fargo is the No.1 SBA 7(a) lender in dollars in 13 states – Arizona, California, Colorado, Connecticut, Iowa, Minnesota, Montana, Nebraska, Nevada, New Mexico, South Carolina, South Dakota and Texas – and the No. 1 SBA 7(a) lender in number of loans (units) in 16 states – Alaska, Arizona, California, Colorado, Florida, Georgia, Minnesota, Montana, North Carolina, Nebraska, Nevada, New Mexico, South Carolina, South Dakota, Virginia and Wyoming.

“SBA Lending is an important part of Wells Fargo’s support for small businesses because it gives us the ability to provide essential financing for small business customers who may not be able to obtain a conventional loan,” said Serres. “Whether we’re extending an SBA 7(a) loan or referring a business to a lender in the SBA’s Community Advantage Loan program, we want to do everything we can to meet the financial needs of more small businesses in every market and help them propel our economy forward.”

Wells Fargo recently established referral relationships with more than 20 nonprofits and other lenders in cities across the country participating in the SBA’s Community Advantage program. Participants in the SBA’s program specialize in providing hands-on guidance to small businesses and offering credit to qualifying businesses in underserved markets. The referral network is one part of Wells Fargo’s four-point plan to help diverse-owned small businesses become credit-ready, access credit and achieve financial success.

In addition to being the nation’s No. 1 SBA lender, Wells Fargo is America’s No. 1 lender to small businesses in low-and-moderate-income neighborhoods for both loans under $100,000 and under $1 million lending categories, according to the most recent Community Reinvestment Act (CRA) data (2002-2014 CRA data).

About Wells Fargo

Wells Fargo Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 12,800 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 266,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories .

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