Commercial Real Estate

Both 10-year and 20-year debentures were sold this month.  The effective SBA 504 20-year January debenture rate is is 5.79%.  The effective 10-year debenture rate is 4.91%.

New At EDF

The EDF would like to welcome Bradd Pierce to the staff as a loan officer. Bradd comes to us with over 18 years experience as a commercial lender in the Grand Rapids market. Bradd will specialize in business development and customer relationships with the many 504 referral sources throughout Kent County and beyond. He lives in the BIG town of Dorr, Michigan with his wife of 16 years Cindy, 3 sons Ryan, Dylan, Kyle and new Chocolate Lab pup- Remington. He is an avid outdoorsman and loves hunting, boating and golfing when time permits.

Bradd has joined our team, committed to valuing relationships, excellent service delivery, expert knowledge and professional conduct – all of the ingredients that have been a part of EDF since 1981.

Bradd’s contact information is shown below. Please call him with any SBA 504 questions or prospects you might have.
Cell: 616-304-8881
Office: 616-459-4825 XT 20
Fax: 616-458-5736
Email: bradd@growmichigan.com

2010 Michigan SBA Lender’s Conference

Don’t forget to mark your calendar.  SBA’s 12th Annual Michigan SBA Lenders’ Conference will be held March 23, 2010 at the Kellogg Center at Michigan State University in East Lansing.  Cosponsored by the Michigan Small Business and Technology Development Center, the conference will feature training sessions on a wide range of topics for a variety of bank personnel.

EDF Contacts

Ph.  616-459-4825
Fax 616-458-5736
TF  888-330-1776

Sandy Bloem
Executive Director
sandy@growmichigan.com
Bradd Pierce
Loan Officer
bradd@growmichigan.com
Gary Witkowski
Relationship Manager
gary@growmichigan.com