Steve Peterson, Choice Bank SVP Commercial Loan Officer was just 1 of 3 bankers to achieve Elite Lender status in 2019!
Every year, WBD honors its top lending partners lenders from across Wisconsin, Minnesota and the Upper Peninsula of Michigan for their success in helping small businesses get the financing they need to grow, create jobs and build communities. This year, Steve Peterson, Choice Bank SVP Commercial Loan Officer was just 1 of 3 bankers to achieve Elite Lender status in 2019!
WBD is a top SBA Certified Development Company (CDC) that has been collaborating with local lenders from financial institutions to secure financing for small businesses across the Midwest since 1981.
“WBD has helped thousands of businesses and worked with hundreds of banks and lenders, but those who earn their way to being WBD Elite Lenders have shown a consistent dedication to serving the best interests of the businesses they work with by utilizing the 504 program,” explained WBD CEO Dan Schneider.
Steve has collaborated with WBD 11 times since 2015 to help businesses access the long-term, low rate, fixed financing available by utilizing the SBA 504 program. His efforts have secured over $12,000,000 in total project financing for these local businesses. These businesses had 630 existing employees prior to these projects and will create an additional 90 jobs because of their expansions.
Steve’s efforts have secured over $12,000,000 in total project financing for local businesses.
Elite Lenders have collaborated with WBD at least 10 times. With this year’s additions, there are now 24 WBD Elite Lenders.
“Throughout my lending career I have always been driven to help small businesses succeed through customized solutions that have their best interests at heart,” said Steve. “So, to work with and be recognized by an organization like WBD that shares that same passion is an absolute honor.”
In addition to utilizing the SBA 504 program as a banker, Steve also serves on the WBD Board of Directors, so his knowledge of the program, and how it can help business clients succeed, is deep.
“I have known Steve for many years. He is a great banker who always looks out for what is best for his customer and offers them the best financing structure to meet their individual needs,” commented WBD Vice President and Loan Officer, April Nelson.