Geauga Savings Bank’s Dell Duncan Wins Lender of the Year Award
Dell Duncan, executive vice president at Geauga Savings Bank, has been awarded Growth Capital Corp’s Lender of the Year Award for 2017.
Dell Duncan, executive vice president at Geauga Savings Bank, has been awarded Growth Capital Corp’s Lender of the Year Award for 2017.
Duncan’s award was announced Nov. 29, 2017, at Growth Capital Corp’s annual meeting and awards dinner.
The Lender of the Year Award recognizes the lender that produced the most SBA 504 and Ohio Regional 166 loans. In 2017, Duncan topped the list with five total.
“This is a tremendous honor, not just for me, but for the whole team at Geauga Savings Bank,” said Duncan. “Growth Capital Corp is a great partner and getting this award is tangible evidence of the progress the bank has made to effectively service small business.”
Growth Capital is a local Certified Development Company, based in Cleveland, and is tasked with processing, approving and servicing Small Business Administration 504 loans.
The 504 program funds fixed asset and real estate acquisition and refinancing through a debenture, taking a second lien position behind the bank.
“We are so proud of Dell and the leadership that he has provided in order for Geauga Savings Bank to accomplish our goal of becoming a key commercial lender in the greater Cleveland market,” said Geauga Savings Bank President and CEO Jim Kleinfelter.
