U.S. Financial Recovery Program Needs New Category to Reclassify Loans to Save Banks and Cut Costs, Says Career Banking Executive
ALTAMONTE SPRINGS, Fla. – Geof Longstaff has a good idea—a way to help rehabilitate America’s banks without spending billions of additional tax dollars in bailouts. Longstaff, chairman at Mercantile Commercial Capital, LLC, the Altamonte Springs firm that ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business […]