Texas Capital Bank Taps Senior Bankers to Expand SBA Capabilities
October 03 2016 - 10:00AM
Texas Capital Bank announced today that it has hired two senior
bankers to expand its Small Business Administration lending across
its regional markets.
John Gannon will lead the Sales and Operations team
and Clyde Thompson will take the role of credit officer as the bank
builds on its success in helping Texas small businesses grow.
Veteran SBA lenders, Mr. Gannon and Mr. Thompson have spent 28
years and 24 years respectively in the industry.
“Our mission is to meet the needs of our clients
and SBA lending helps us deliver,” said Keith Cargill, president
and CEO of Texas Capital Bank. “"It is yet another example of how
Texas Capital Bank responds to small business owners and
entrepreneurs in Texas and across the U.S., helping them create
jobs and build their businesses."
SBA financing allows small business customers
access to capital that might not otherwise be available. “An SBA
guaranty assists our customers with better rates and terms for all
types of businesses,” said Mr. Cargill.
SBA lending can provide access to capital for -
among other things - real estate financing, franchises, debt
consolidation, partner buyouts and acquisitions.
Mr. Gannon and Mr. Thompson themselves have
extensive experience in 7A loans, which provide access to capital,
and 504 loans, which provide favorable terms for the long-term
financing of owner-occupied real estate.
ABOUT TEXAS CAPITAL BANKTexas
Capital Bank delivers highly personalized financial services to
businesses and entrepreneurs. We are headquartered in Texas
working with clients throughout the state and across the country.
Texas Capital Bank is a wholly owned subsidiary of Texas Capital
Bancshares, Inc. (NASDAQ:TCBI) and is recognized as a Forbes Best
Banks in America and the Dallas Morning News’ Top 100 Places To
Work company. To learn more, please visit
www.texascapitalbank.com.
MEDIA CONTACT
Thaddeus Herrick, 469.399.8527
thaddeus.herrick@texascapitalbank.com
INVESTOR CONTACT
Heather Worley, 214.932.6646
heather.worley@texascapitalbank.com
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