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SOURCE Inland Bank
OAK BROOK, Ill., July 14, 2014 /PRNewswire/ -- Inland Bank & Trust announced today that the U.S. Small Business Administration (SBA) has approved the Bank for its Certified Lender Program (CLP). This designation is awarded to Banks with a successful lending track record and results in faster turnaround at the SBA. The Bank has also been approved as an SBAExpress Lender, which allows the bank to make SBA guaranteed lines of credit.
"Achieving Certified Lenders Program status from the SBA further demonstrates Inland Bank's deep commitment to provide small businesses access to credit," said Colleen Ryan, President, Inland SBA Business Resources, a division of Inland Bank & Trust. "We truly understand the unique needs of small businesses and are committed to helping finance new ventures and provide financing for growth and expansion of those businesses."
Inland Bank & Trust has participated with the SBA program to assist small to medium-sized businesses for several years, culminating with the creation in 2013 of the new Inland SBA Business Resources, a division of Inland Bank & Trust.
"Inland Bank has a long tradition of involvement in helping grow local businesses throughout the Chicago-land area. We felt it was particularly important to ensure we had ways to serve small businesses and that's why we established our SBA Business Resources unit with its expert management and knowledgeable staff," stated Howard Jaffe, Chairman and CEO of Inland Bank & Trust. "Having CLP status and being designated an SBAExpress lender allows us to provide these business owners with a hassle-free process and an accelerated turnaround time," added Jaffe.
To find out more about Inland Bank's SBA Business Resources, please visit www.inlandbank.com for details.
About Inland Bank and Trust, Inc.
Inland Bancorp, Inc. is the holding company for Inland Bank and Trust with locations in Countryside, Elmhurst, Geneva, Glen Ellyn, Hawthorn Woods, Hillside, Lake Zurich, Lombard, Morton Grove and Villa Park. Inland Bancorp, Inc. holds more than $1.3 billion in bank assets and is an affiliate of The Inland Real Estate Group of Companies, Inc. Member FDIC
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