Unizan Bank, National Association is Named Ohio's #1 SBA 7(a) Lender By Dollar Volume
06 Novembre 2003 - 3:02PM
PR Newswire (US)
Unizan Bank, National Association is Named Ohio's #1 SBA 7(a)
Lender By Dollar Volume COLUMBUS, Ohio, Nov. 6 /PRNewswire/ --
Unizan Bank, National Association is pleased to announce that it
has again been named the #1 SBA 7(a) lender based on volume in the
state of Ohio. The organization has achieved this prestigious
position in six out of the last eight years. This ranking is based
upon dollar amount for all 7(a) loans authorized in the state of
Ohio. "We are extremely proud of this accomplishment as we
increased our volume by almost 20 percent in the state of Ohio in
2003," noted James Baemel, executive vice president, Corporate
Banking. "This total was all the more impressive considering 2002
was a record year of performance for SBA lending at Unizan Bank,"
said Baemel. For many businesses, SBA-backed loans are an
attractive source of financing for equipment, permanent working
capital and real estate. Because these loans are guaranteed by the
SBA, businesses are generally permitted lower down payments and
terms not readily available through conventional sources. "Unizan's
successful business model is to provide value-added products and
services to the emerging small business entrepreneur. Being named
the number one SBA 7(a) lender in Ohio shows that this marketplace
values our service, competitive rates and our business expertise,"
Baemel said. "Our Ohio SBA model has set the foundation for Unizan
Bank to expand outside of the state including, Indiana, Kentucky,
Michigan and New Jersey, where we offer quality products and
services tailored to businesses of all sizes," Baemel concluded.
Unizan Bank, National Association is a subsidiary of Unizan
Financial Corp. (NASDAQ:UNIZ), a $2.8 billion holding company
headquartered in Canton, Ohio. Unizan Bank, National Association
operates 45 full-service retail financial centers in five
metropolitan markets in Ohio - Canton, Columbus, Dayton, Newark,
and Zanesville. Through Unizan Financial Corp.'s subsidiaries,
Unizan Bank, National Association; Unizan Financial Services Group,
National Association; Unizan Banc Financial Services, Inc.; and
Unizan Financial Advisors, Inc., the company offers its client base
corporate and retail banking, Internet banking and wealth
management products and services. Additionally, the company
operates niche businesses in government guaranteed loan programs
through its business lending centers in Cincinnati, Cleveland,
Columbus, and Dayton, Ohio; Louisville, Kentucky; Detroit,
Michigan; Mt. Arlington, New Jersey; and Indianapolis, Indiana; as
well as aircraft lending centers in Columbus; Orlando, Florida; and
Sacramento, California. For more information on Unizan Financial
Corp. and its subsidiaries, visit the company on the Web at
http://www.unizan.com/ . DATASOURCE: Unizan Bank, National
Association CONTACT: Sandy K. Upperman, Vice President, Corporate
Communications of Unizan Bank, National Association,
+1-330-438-4858, or email, Web site: http://www.unizanbank.com/
http://www.unizan.com/
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