Gary E Griffin - CGS President & CEO

Gary E. Griffin has been advising and assisting people with their businesses his entire life.  His first job out of college was with the U. S. Small Business Administration in his hometown of Jacksonville, FL.  "These were great folks.  I couldn't have had a better learning opportunity."

At the age of 22, Gary worked in Washington, DC under President Jimmy Carter to implement the founding of the Office of Alcohol Fuels in the Department of Energy, one of the largest government guaranteed loan programs of its time.  For the next 30 plus years (to the present date), Gary has been using his vast knowledge of finance and business to advise the average person up to millionaires on how to make the most of their business lending.  Mr. Griffin has earned the unofficial title of an expert in SBA Lending.

Currently, Gary E. Griffin is President and Chief Executive Officer of Capital Growth Solutions, LLC, a SBA licensed loan service provider ("LSP"), which assists lenders in managing their small business loan portfolios.

From 2001 to 2007, Mr. Griffin was President and CEO of a conduit loan origination operation which generated and closed over $300 million in commercial real estate and small business loans.  This operation, through an affiliate, was also licensed as a non-bank lender with the capabilities to fund its own commercial loans.

Prior to 2001, Mr. Griffin served as eastern regional vice president of Bank of the West.  He has also represented First Union Small Business Capital (formerly The Money Store) in Tennessee, Georgia and North and South Carolina.  He also was President of Community Financial Corporation (a lender service provider), a subsidiary of Community Group (now First Volunteer Corporation).  In 1996, Mr. Griffin was named Tennessee's Small Business Financial Advocate of the Year.

In the 1980's, Mr. Griffin managed his own CPA firm in Atlanta concentrating on small business finance and taxation.  He also worked as the lead credit analyst of a venture capital firm and was a staff accountant for Arthur Young & Company.

Mr. Griffin is a Certified Public Accountant is both Tennessee and Georgia (inactive) and received a BSBA in Finance from the University of Denver.  He has also performed post-graduate work at Georgia State University and the University of Virginia in both Banking and Accounting.

With his extensive education and prestigious business background, Mr. Griffin leads Capital Growth Solutions with professional, well-practiced hands.  "This is an exciting time in the government guaranteed lending industry, and I am doing my utmost to keep Capital Growth Solutions in the forefront of the commercial lending activity for small businesses nationwide," says Mr. Griffin.

CAPITAL GROWTH SOLUTIONS

6650 East Brainerd Road, Suite 212

Chattanooga, TN  37421

423-475-5700

email:  info@capgs.com

http://www.capgs.com/

CGS Hosts 1st Training Session on SBA Standard Operating Procedures

Capital Growth Solutions held its first training session on April 4, 2011 in Chattanooga, TN.  A very special THANKS goes out to COMMUNITY NATIONAL BANK for providing the spacious facility located in their Rossville Branch, which housed the full day seminar.  The training session was well attended by over 20 participants representing different regional areas such as Nashville, TN, Birmingham, AL, Atlanta, GA and Chattanooga, TN.  "From the feedback I have received," reported Gary Griffin, CGS President and CEO, "the information was both relevant and timely".  Mr. Griffin spoke for about 3 hours on the basics of SBA Standard Operating Procedures ("SOP") 50 10 and SBA Lender Programs and Eligibility.

Bank Source Advisor President Art Freeman who travelled from Birmingham for the training, stated "Gary's SBA seminar ... was immediately impactful.  The day after the training several members of our team were able to apply his and Liz Eicholtz's guidance to projects we are currently working on." 

After Mr. Griffin's presentation, a breakout session was held combined with a box lunch from a local establishment.

Immediately following lunch, CGS Chief Credit Officer Liz Eicholtz trained on the SOP requirements for Loan Processing.  Per Ms. Eicholtz,  "Our intent for this seminar was to provide lenders with two things:

  - A basic understanding of SBA rules and guidelines in order to accurately represent the products available; and
  - The confidence that Capital Growth Solutions is always by their side to provide the necessary detail specific to each lending scenario."

Ms. Eicholtz further stated "the SOP is continually changing in response to these economic times and sometimes it is tough to stay up on all the changes.  We at Capital Growth Solutions make it our priority to make sure that we are current." 

The final session was directed by Matt Eicholtz, Business Development Officer for Georgia Resource Capital.  Mr. Eicholtz gave a brief overview of the SBA 504 program and the new initiatives in place during the recovery period.  "I really appreciate the invitation from Capital Growth Solutions to be a part of this great training day.  With so many changes occurring recently in both the SOP and 504 Programs, this was a great opportunity for me to be in front of these various lenders reviewing the changes," Mr. Eicholtz said,  "I want to especially thank Gary Griffin for allowing me to be a part of this very important training."

Per Mr. Freeman, "CGS consistently puts us in a position where we can be problem solvers and deal makers!"

Mr. Griffin expressed his thanks to all who participated and said "we look forward to a repeat performance in the Birmingham area shortly."

CAPITAL GROWTH SOLUTIONS

6650 East Brainerd Road, Suite 212

Chattanooga, TN  37421

423-475-5700

email:  info@capgs.com

http://www.capgs.com/

CGS - Outsourced SBA Lending

By teaming with Captial Growth Solutions "CGS", Lenders immediately have an experienced and technologically advanced Small Business Administration "SBA" loan processing and servicing operation that allows them to reap the benefits of holding and selling SBA loans, without any additional infrastructure.  In this regard, please note:

   *  In a period of tightening lending margins, participation in the SBA loan programs increases net interest margins and fee income;

    *  SBA commerical loans can reduce the risk both through low LTVs (504 loans) and the guaranty of the federal government (7a loans), Lenders will be making sound commerical loans at improved margins and the expense of originating, processing, underwriting and servicing is borne by CGS.  This is strictly a "pay-as-you-go" proposition.

    *  In a period when some lenders are shrinking their market share, due to additional perceived risk in commerical loans, our clients can actually increase market share by providing SBA loans.

WHAT WE OFFER:

- Preparation of SBA documents
- Augmenting the Lender's existing credit memorandum
-Submitting applications on the Lender's behalf to SBA
-Closing the approved loan
-Sale of the loan (if requested by Lender)
-Preparation of sale documents (SBA form 1086)
-Monthly reporting (SBA form 1502)
-Review of Lender's credit policies regarding SBA loans
-30 day review of closed loan file
-Preparation of SBA liquidation file (30 days after closing)
-Annual review of documentation for compliance (3 months after year-end)
-Any servicing actions over the life of the loan
-Supervision and coordination of collections/liquidation

SBA Loan Advantages

Significant and Immediate Fee Income

Higher Loan Limits

Increased Deposits

Lower Capital Requirements

Reduced Concentrations

Service Fee Income

Variable Rate Pricing



CALL Capital Growth Solutions TODAY...and leave the rest to us!

CAPITAL GROWTH SOLUTIONS

6650 East Brainerd Road, Suite 212

Chattanooga, TN  37421

423-475-5700

email:  info@capgs.com

http://www.capgs.com/