The Certified Development Company will help more small businesses throughout Texas.
MAY 24, 2016
Greater Texas Capital Corporation (GTCC), a statewide Certified Development Company, is expanding its presence in the Central Texas and Houston areas. This will allow the company to help more small businesses in Texas grow and prosper.
This expansion is made possible by the addition of Judy Loden and Christine Foster as Regional Managers. Loden, a founding member of GTCC and active participant in the Texas Engineering Extension Service (TEEX) of Texas A&M Economic Development Advisory Board, will be serving the Central Texas area. She will cover Athens, Waco, Killeen/Temple, Bryan/College Station, and the surrounding areas.
Foster has over 20 years of experience in small business lending in the Houston area, most recently with Amegy Bank. This expertise will allow her to serve the Greater Houston area well in her new role with GTCC.
“We are excited about Judy moving into a familiar role of assisting small business owners in the Central Texas area. Her knowledge and years of experience will be a benefit to the banks and borrowers that she will be working with. The addition of Christine in the Houston market will provide a presence for us that we have desired for some time. Her background and knowledge will help us grow in the Houston area,” said Director of Sales and Marketing Greg Dunn.
“GTCC is looking to continue its steady growth and be a solution for our banking partners and provide the best long-term fixed rate financing product for small business owners. The addition of Judy and Christine will help continue our growth throughout Texas,” said Executive Director of GTCC Todd Buchanan.
GTCC participates in the SBA 504 Loan Program, which benefits small business owners and provides up to 90 percent financing at below-market, fixed interest rates with amortization terms up to 20 years. GTCC works with partnering banks to finance the acquisition of major fixed assets, including the purchase, construction, expansion or renovation of owner-occupied commercial real estate and/or the acquisition and installation of heavy-duty machinery and equipment.
About Greater Texas Capital Corporation:
As a Certified Development Corporation, GTCC is a nonprofit company specifically established to contribute to economic development. We work with the SBA and other lending partners to provide loans to small businesses requiring real estate and equipment financing with long-term, fixed rates to acquire major fixed assets for expansion or modernization throughout Texas. GTCC ranks as the most active CDC in the Dallas/Fort Worth SBA District for the first six months of the fiscal year and is one of the country’s fastest-growing Certified Development Corporations.