Raj Badri Joins CreditBench as Vice President, SBA Lending Officer
22 Février 2023 - 10:00PM
St. Petersburg, Florida-based BayFirst National Bank has named Raj
Badri vice president, SBA lending officer. He assumes the role
within the bank’s SBA loan division, CreditBench, the No. 8 SBA
7(a) lender in the nation for the SBA’s 2022 fiscal year.
Based in Illinois, Badri’s experience spans more
than 20 years. He previously served as senior vice president, SBA
lending at Acclivity Financial where he focused on real estate
deals and closed $20 million in SBA 7(a) and $10 million in USDA
Business and Industry loans. Prior to that, he served as senior
vice president, SBA lending at Centrust Bank and vice president and
director of SBA lending at State bank of Countryside.
Within the CreditBench Division, Badri will be
responsible for developing, soliciting and promoting new SBA loans
through outside and inside referral partners, focusing on Small
Business Administration and USDA loans for businesses across the
country.
“Raj has extensive experience overseeing all
facets of small business loans, which will prove vital as he moves
into his nationwide role at CreditBench,” said Chris Hackney,
senior vice president and director of SBA loan originations. “I am
confident that with Raj’s contributions, the bank will be even
better positioned to assist small businesses and deliver on our
ambitious production goals for 2023 and beyond.”
Badri holds a Bachelor of Science degree from
the University of Illinois.
About CreditBenchCreditBench
has originated more than $1 billion in SBA 7(a) loans since 2016.
Its expert team utilizes streamlined processes and a
technology-driven approach to provide loans under $350,000 and as
large as $5 million. As an SBA Preferred Lender, CreditBench also
delivers competitive rates, flexible requirements, fast closing
times, and the personalized support small businesses need to reach
their goals. It was the eighth largest SBA 7(a) lender nationwide
and the No. 1 SBA 7(a) lender in the five-county Tampa Bay market
in the SBA's 2022 fiscal year.
About BayFirst National
BankHeadquartered in St. Petersburg, BayFirst National
Bank, the principal subsidiary of BayFirst Financial Corp. (Nasdaq:
BAFN), operates eight banking centers in the Tampa Bay area and
originates residential mortgages locally. In addition, BayFirst
offers a broad range of retail and business banking services. Since
it opened in 1999, BayFirst has grown exponentially without losing
sight of its commitment to making an impact in the community and
being Here for What’s Next® in the lives of its customers. For more
information visit: www.BayFirstFinancial.com.
About BayFirst Financial
Corp.BayFirst Financial Corp. is a registered bank holding
company based in St. Petersburg, Florida which commenced operations
on September 1, 2000. Its primary source of income is derived from
its wholly owned subsidiary, BayFirst National Bank, a national
banking association. As of December 31, 2022, BayFirst Financial
Corp. had $939 million in total assets.
Forward Looking StatementsIn
addition to the historical information contained herein, this
presentation includes "forward-looking statements" within the
meaning of such term in the Private Securities Litigation Reform
Act of 1995. These statements are subject to many risks and
uncertainties, including, but not limited to, the effects of the
COVID-19 pandemic, global military hostilities, or climate change,
including their effects on the economic environment, our customers
and our operations, as well as any changes to federal, state or
local government laws, regulations or orders in connection with
them; the ability of the Company to implement its strategy and
expand its banking operations; changes in interest rates and other
general economic, business and political conditions, including
changes in the financial markets; changes in business plans as
circumstances warrant; risks related to mergers and acquisitions;
changes in benchmark interest rates used to price loans and
deposits, changes in tax laws, regulations and guidance; and other
risks detailed from time to time in filings made by the Company
with the SEC, including, but not limited to those “Risk Factors”
described in our most recent Form 10-K and Form 10-Q. Readers
should note that the forward-looking statements included herein are
not a guarantee of future events, and that actual events may differ
materially from those made in or suggested by the forward-looking
statements.
Megan Brewster AVP, Public Relations and Content Manager
Office: (727) 258‑5614 Mobile: (617) 285‑0771 700 Central Ave St
Petersburg FL 33701
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