Mountain Pacific Bank designated an SBA Preferred Lender

8/11/2017
Mountain Pacific Bank has been designated as an “SBA Preferred Lender (PLP),” by the U.S. Small Business Administration
 

Mountain Pacific Bank designated an SBA Preferred Lender

 

Everett, Washington, August 11, 2017Mountain Pacific Bank has been designated as an “SBA Preferred Lender (PLP),” by the U.S. Small Business Administration

Under the Preferred Lenders Program (PLP), high-volume SBA lenders such as Mountain Pacific Bank are delegated loan approval as well as closing and most servicing and liquidation authority, enabling them to make loan decisions more rapidly.  To earn the PLP designation, lenders must establish a successful track record and display a thorough understanding of SBA lending policies and procedures.

“Mountain Pacific Bank is pleased and honored to be named an SBA Preferred Lender,” said Mark Duffy, President & CEO.  “With PLP status, Mountain Pacific Bank will be able to offer small business customers the full range of SBA loan products as well as a faster and streamlined loan approval process.”

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About Mountain Pacific Bank:

Mountain Pacific Bank is a full-service community bank, serving the financial needs of local businesses, professionals and individuals in Snohomish and King Counties. The bank is headquartered in Everett, Washington and operates branch offices in Everett, Lynnwood and Ballard. The bank also provides Mobile Branch service throughout Snohomish County for the convenience of its customers. More information about Mountain Pacific can be found at www.mountainpacificbank.com.

Contact:

Mark Duffy, President/CEO

(425) 263-3524