The SBA Alternative

Monday, November 12, 2012

CGS Continues to Expand - Welcoming 2 New Employees

Capital Growth Solutions, LLC ("CGS")  has increased its Loan Servicing and Liquidation Department to better serve the expanding volume of loans in that department.  Two new hires include Jim Gugliemino and Ryan Summerlin.

Jim Gugliemino comes to CGS with vast experience in the banking business. He has worked as a loan officer, business development officer, residential and commercial mortgage broker and underwriter. Jim has been involved in the origination process of loan development through the underwriting, packaging, processing, closing and servicing of commercial and business loans under the US Small Business Administration 7(a) and 504 programs as well as secondary market conventional programs.
 



Jim's analytical experience gained through his examinations of Borrower's Applications, Lender's Applications for Guaranty, Loan Officer's reports, global cash flow analysis, schedules of collateral, Sources & Uses, historical and pro-forma income statements and balance sheet analysis, debt repayment ability analysis and diligence reports and appraisals will provide a valuable asset in the continuing growth and expansion of Capital Growth Solutions, LLC.



Ryan Summerlin joins Capital Growth Solutions to lend a hand as a Loan Officer Trainee.  Ryan's past experience as a lending assistant and as a loan officer trainee for First Bank of Dalton (GA) will be beneficial as he posts service fee income payments, balances bank accounts for the 14 plus banks which profit from CGS's outsourcing of their SBA loans.  Ryan also books and sells loans.  He is responsible for creating the 10 tab files and credit files for CGS loans.

 
CGS Vice President of Loan Servicing and Liquidation Hope Howell says: "We welcome both Jim and Ryan to our team.  They will both be assets in the ever changing SBA world."

Submitted by:

CAPITAL GROWTH SOLUTIONS
6650 East Brainerd Road, Suite 212
Chattanooga, TN 37421
423-475-5700

http://www.capgs.com/