News from CRF
September 27, 2011
FOR IMMEDIATE RELEASE
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Visionary senior executive brings 22 years of SBA lending expertise and leadership to CRF
MINNEAPOLIS - Sept. 27, 2011 - Community Reinvestment Fund, USA (CRF), a non-profit organization that connects community development lenders with the capital resources of Wall Street, today announced it named Brian Burke as its new National U.S. Small Business Administration (SBA) Lending Director.
Burke brings more than 22 years of SBA guaranteed loan expertise to his new position, and he will be responsible for intensifying CRF's reputation for superior mission-driven financing within the SBA lending category, in particular the SBA 7(a) product.
"Brian's unwavering dedication to service and his intricate knowledge of SBA lending make him the perfect person to spearhead our new SBA lending initiatives," said Frank Altman, President and CEO for CRF. "I am confident Brian's innovative thinking and collaborative approach will make him a tremendous leader for our SBA lending operation."
Most recently, Burke co-founded and operated his own SBA lending consultancy, sba Access. Prior to that, Brian led CIT Small Business Lending's SBA 7(a) loan production office in Highlands Ranch, Colo. to record production nationally. Before that, Brian spearheaded the consolidation and specialization of SBA lending for Bank One, NA and Affiliates (now JPMorgan Chase).
"I am delighted to have the opportunity to help a pioneering organization like CRF increase its impact on underserved communities," said Burke. "CRF's unique emphasis on bringing capital to community development lenders maximizes the community benefit from each dollar, and I look forward to sharing my enthusiasm for CRF's mission and goals with our current and future business lending partners and borrowing clients."
Community Reinvestment Fund, USA (CRF), a non-profit organization and certified Community Development Financial Institution (CDFI), is the nation's leader in bringing capital to public and private, non-profit community development lenders through the secondary market for community development loans. Formed in 1988, CRF has injected more than $1.2 billion into low-income and economically disadvantaged communities
around the country to help stimulate job creation and economic development, provide affordable housing, and support community facilities. CRF is headquartered in Minneapolis, Minn. www.crfusa.com.
Posted by: CRFUSA