ARLINGTON, Va.--(BUSINESS WIRE)--Virginia Commerce Bank has earned the distinction of Preferred Lender status from the U.S. Small Business Administration (SBA). As a Preferred Lender, VCB has the ability to make final decisions on SBA loans, which streamlines and expedites the approval process. VCB earned Preferred Lender status by demonstrating its expertise in working with the SBA on its various loan programs.
"Virginia Commerce Bank is pleased to earn this distinction from the Small Business Administration," said R. B. Anderson, Jr., Executive Vice President and Chief Lending Officer at VCB. "SBA Preferred Lender status validates the knowledge and expertise of VCB's loan officers and will allow us to provide an even better experience for our clients."
VCB's SBA lending specialists provide loans backed by the Small Business Administration for business expansion, capital expenditures and ownership of real estate under the 7(a) and 504 programs.
About Virginia Commerce Bank
Established in 1988, Virginia Commerce Bank (NASDAQ-VCBI) is a full-service, community bank headquartered in Arlington, Virginia, with over $3.0 billion in assets. The Bank serves the Northern Virginia and Fredericksburg markets with twenty-eight branches, a mortgage lending office and a wealth management services department. For further information about VCB's many services and a map of convenient locations, please visit our Web site at VCBonline.com.