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Mon, April 8, 2013

Focus Business Bank Makes Top Five in SBA Loan Production for the First Six Month SBA Fiscal Period of 2013


Published on 2013-04-08 04:16:58 - Market Wire
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April 08, 2013 07:00 ET

Focus Business Bank Makes Top Five in SBA Loan Production for the First Six Month SBA Fiscal Period of 2013

SAN JOSE, CA--(Marketwired - Apr 8, 2013) - Focus Business Bank (OTCQB: [ FCSB ]) -- President and Chief Executive Officer, Richard Conniff announced that Focus Business Bank achieved the number five ranking among all lenders within the U.S. Small Business Administration (SBA) San Francisco District Office in SBA loan production for the first six month SBA fiscal period of 2013.

"This is an extraordinary performance given that the top four banks, and most below, have significantly larger SBA departments. Focus Business Bank has a lean and efficient approach to all of its business lending that provides our clients with prompt, well-reasoned credit decisions and timely closings. We are extremely proud of our two SBA officers, Senior Vice President and SBA Manager, Brad Lebsack and Assistant Vice President, Rebecca Wang who together have turned Focus Business Bank into one of the top SBA lenders in the San Francisco Bay Area," commented Richard Conniff.

During the first six months of the SBA's 2013 fiscal year Focus Business Bank completed over $10 million in new SBA 7 (a) loans. The Bank continues to be aggressive in providing both SBA and conventional financing to Bay Area businesses offering customized solutions to their credit and cash management needs. In addition, the Bank provides unique loan programs for Homeowner Associations, including a "Green" loan program for funding energy efficient systems.

About Focus Business Bank
Focus Business Bank is dedicated to meeting the banking needs of closely-held businesses and professionals in Santa Clara County. The Bank's office is located at 10 Almaden Boulevard in downtown San Jose, California and offers a variety of commercial banking products including loans, deposits, remote deposit capture and other cash management services oriented toward closely-held businesses and their owners. The Bank specializes in commercial and SBA lending. The Bank serves not-for-profit businesses and condominium homeowner associations by offering expertise, market knowledge and specialized products and services to these customers. Equal Housing Lender. Equal Opportunity Lender. A Preferred Lender of the SBA.


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