Santa Clara, CA (August 26, 2014) – KeyPoint Credit Union has been approved for the Preferred Lender Program (PLP) by the U.S. Small Business Administration (SBA).
“We are very proud of this designation,” says Steven H. Weiler, KeyPoint’s SVP Business Banking. “KeyPoint has been helping Bay Area business owners with financing solutions for over a decade. Our SBA and other business loans and lines of credit enable us to assist businesses and help grow our local economy.”
Under the PLP, SBA delegates the final credit decision and most servicing and liquidation authority and responsibility to carefully selected PLP lenders. Lenders are considered for PLP status based on their record with SBA, and must have demonstrated a proficiency in processing and servicing SBA-guaranteed loans.
For complete information about KeyPoint’s SBA program, please contact Steven H. Weiler at (415) 971-2034 or [email protected].