WINTER 2015
Capitol National Bank Receives
Prestigious SBA Preferred
Lender Designation
Capitol National Bank (CNB) has substantially
improved its SBA loan approval process now that it
has gained recognition from the U.S. Small Business
Administration (SBA) as a preferred lender participant
(PLP) for its 7(a) Loan Program.
“We focus on providing financial solutions for small
businesses and the SBA Preferred Lender designation
enables us to expedite the borrowing process for our
customers,” said Steven J. Pricco, CNB’s Director of
Government Guaranteed Lending. “This achievement
Steven J. Pricco,
not only recognizes our lending expertise, but also Director of Government
Guaranteed Lending
indicates the SBA’s confidence in our abilities.”
A Preferred Lender is considered an expert in SBA regulations and guidelines
as well as granted the authority to act as a direct agent of the federal agency.
As a result, small business loans approved by CNB are automatically approved
by the SBA. Non-PLP lenders, seeking SBA benefits and protections for small
business loans, are required to gain separate SBA approval, a process that can
often delay a loan’s availability for weeks if not months.
Pricco pointed out that an SBA loan obtained through CNB can be used
for business acquisition or start up, purchase or renovation of real estate,
leasehold improvements, purchase or upgrade equipment, and refinance of
existing business debt or working capital. Program participants are privy to
longer-term loans up to $5 million with flexible equity requirements.
Bring the Bank to You
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Testimonials
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Meet our Lending Team
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$3,084 Total Donation
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Save the Date!
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Let us Bring the Bank to You
Are you too busy to go to the bank? Capitol National Bank will
bring the bank to you with our highly rated Courier Service. With
our Business Courier Service, you never have to leave the office
to make your deposits. Our Courier will pick up your non-cash
deposits, and we’ll make sure they are in your account the
same day.
Call us today at 517-372-7393 to learn more or to
sign up for the Capitol National Bank Business Courier
Services.
Meet our Lending Team
Capitol National Bank is proud to have the most experienced
team of commercial lenders of any bank in the Greater Lansing
region with over 75 combined years experience. Obtaining financing
can be one of the most difficult challenges confronting any business
person. Our lending team at Capitol National Bank is committed
to making it easy for you with our prompt, personalized service
and comprehensive product line. Whether it is a commercial line
of credit, commercial term loan or commercial real estate loan, our
experienced business lenders will help you develop a custom loan
program to fit your needs.
At Capitol National Bank, all lending decisions are made locally.
Call one of our lending team members today.
Ronda Thompson
Vice President
Commercial Lending
517-372-7266
David Feldpausch
Senior Vice President
Commercial Lending
517-372-7268
Nick Heriford
Assistant Vice President
Commercial/SBA Lending
517-316-0124
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Facebook Page
Dave Moored
Vice President
Commercial/SBA Lending
616-644-5490
Testimonials
“It pleases me to see that the
legacy that Bob Carr created at
the bank and in its community
has lived on. The level of support
that I have recently received from
Ronda Thompson takes me back
to the feeling of confidence I had
18 years ago when Bob supported
me through some tough times. I
am thankful that Capitol National
Bank has been there for me since
1998 to help and celebrate so
many successes with my business
and me.”
– Sally Corbin, CEO and Owner
of Union Services Agency
“I started my business in 1990 and
opened my account in Okemos
with Capitol National Bank. In
the 25 years that we have been
doing business, Capitol National
Bank has been our bank. They
have been more than a bank. They
have helped my family build 2
different homes, we have worked
with them on multiple financing
projects for new equipment and
last year, they helped us finance
the purchase of our new 10,000
square foot production facility that
our business currently resides in.
They have always provided us with
a multitude of services but have
never lost their personal touch.”
– Dave Muhleck, Owner of
Allegra Marketing • Print • Mail
Okemos
CNB Employees Present
Lansing Charities with $3,084
Employees of Capitol National Bank (CNB) presented 13 Lansing
area nonprofit organizations a $3,084 check on February 23, 2015,
following a fundraising effort that took place over the last several
months. The recipients of the donations include:
Child and Family Charities: Angel House
Lansing City Rescue Mission
Capital Area Humane Society
Animal Placement Bureau
Ele’s Place
Potter Park Zoological Society
Ronald McDonald House
Todd Martin Fund
Catholic Diocese of Lansing
ITEC
Siren/Eaton Shelter, Inc.
Big Brothers Big Sisters
Shared Pregnancy-Eaton County
“All of these organizations do an incredible job to help those in need
in our community,” said Linnea Snodgrass, executive administrative
assistant and Non-profit Committee chair for CNB. “Our team is proud
that we were able to give back to many nonprofit organizations by
raising money in a way that is also fun and inspiring to our employees.”
Employees raised money for all of these organizations by paying
$5 to wear jeans to work on Fridays. Each year, employees of CNB
participate in various activities to support different charities selected
by the Nonprofit Committee.
This year’s largest donation recipient was Angel House, a Child and
Family Charity that provides a residential program for at-risk pregnant
and parenting girls. Angel House received $745 from CNB.
“This generous donation has helped us to fulfill our mission of helping
young mothers become nurturing parents and productive members
of the community,” said Dori Branson, director of Child and Family
Charities: Angel House. “We could not be more thankful for Capitol
National Bank’s support in what we do.”
Save the Date!
Friday, June 19th
Capitol 5K
and
Charity Challenge
Raffle
The date is set for Friday, June
19th for the 12th annual Capitol 5K
and Charity Challenge. The event
will take place on the Lansing River
Trail in Old Town with kids’ races
beginning at 5:30pm.
The Capitol 5K Charity Challenge
is unique in that participants
purchasing $10 raffle tickets have the
ability to designate the donation to
a school or charitable organization
of their choice. Over the past 11
years, approximately $681,240 has
been donated to organizations
in the Greater Lansing region
through
sponsorships,
Capitol
5K registrations and the Charity
Challenge Raffle. In 2014, Capitol
National Bank presented 21 Greater
Lansing organizations with a check
totaling $42,340.
Visit our website at
capitol5k.com
Receiving a check from Capitol National Bank are, l-r: Dan Layman (Ele’s Place), Demphna
Krikorian (Child and Family Charities: Angel House), Carolyn Hurst, (Ronald McDonald
House), Stephanie LaRue (Capital Area Human Society) and Mark Criss (Lansing City Rescue
Mission). Presenting on the right is Linnea Snodgrass, chair of the CNB Non-Profit Committee.
Stay tuned for more details
coming in the next several
weeks. For now, mark your
calendar for Friday, June 19th
and make plans to participate
in this worthwhile event.
200 N. Washington Square,
Lansing, MI 48933
Capitol National Bank
offers a wide variety of
VISA Credit Cards!!
Reward Cards, Young Adult,
College Rewards,
and a Secured Card
call us today at
517.316.0180
for more information!
Subject to credit approval
Contact us today to learn more about our courier service.
p: 517-372-7393 • f: 517-374-2559 • w: capitolnational.com
facebook.com/capnational • twitter.com/capnational
Member FDIC and Our Community.