Le Lézard
Classified in: Business
Subjects: PER, SBS, CXP

Significant Small Business Growth in Southeast Drives Windsor Expansion


CHARLESTON, S.C., Oct. 19, 2017 /PRNewswire/ -- Windsor Advantage, LLC, ranked the nation's No. 93 fastest-growing financial service firm by Inc. Magazine in its 36th annual Inc. 5000 report, recently opened a new office in the historic district of Charleston to accommodate increased government guaranteed lending among community banks in the Southeastern United States.

Windsor Advantage logo (PRNewsFoto/Windsor Advantage, LLC)

The region's overall economic growth has helped play a significant role in the near 150% year-over-year increase of total dollars provided to South Carolina small businesses through the 7(a) Program (as of September 30, 2017).   Since 2015, Windsor clients have closed and funded nearly $350 million in SBA 7(a) and USDA loans for borrowers in South Carolina, North Carolina, Florida and Georgia.  These loans have help to create and preserve more than 7,000 jobs in the area.

In addition to the new office space on King Street, Windsor announced today the appointment of Michael Breckheimer, 30, as Chief Operating Officer.   

"The decision to expand our physical presence into the Charleston area was a logical step in our business development strategy," said Breckheimer. "The new location allows our team to operate in close proximity to several fast-growing clients.  We also have the opportunity to further expand staffing and assist with the development of client USDA initiatives in the Southeast, with a particular focus on the Business & Industry (B&I) Program and Rural Energy for America Program (REAP)."

As Chief Operating Officer, Breckheimer will be responsible for Windsor's overall execution and will lead the company's processing, servicing and risk management teams.  He will continue to report to Windsor's Managing Director, Shawn Andrews.

"Mike balances a breadth of operational knowledge and leadership skills with an ability to manage strategically," said Andrews.  "He understands the tactical details to ensure all departments are operating efficiently and effectively while prioritizing our long-term vision as a company."

Prior to joining Windsor, Mike was a senior management consultant in the KPMG financial institutions group.  Mike graduated with honors from Miami University of Ohio with a degree in finance and accounting.

About Windsor Advantage, LLC
Windsor Advantage is a lender service provider that provides a comprehensive outsourced USDA and SBA loan department to lenders nationwide.  With more than 150 years of collective government guaranteed lending experience, cutting edge systems and rigid controls, Windsor Advantage is uniquely qualified to support its clients to develop and implement a thoughtful and profitable USDA and SBA 7(a) loan program.

Since 2010, Windsor has processed more than $1.5 billion in government guaranteed loans and currently services a portfolio of more than $1.2 billion in loans for more than 75 banks across the U.S.  Windsor Advantage is based in Chicago, with offices in Indianapolis, and Charleston.  For more information, please contact Andrew Sheaffer at 312-248-8530.

 

SOURCE Windsor Advantage, LLC


These press releases may also interest you

at 05:00
VyOS Networks and Iquall Networks are excited to announce a strategic collaboration, marking a significant milestone in their commitment to advancing network solutions. This partnership combines the strengths of both organizations to foster...

at 05:00
Portland General Electric Company today reported net income based on generally accepted accounting principles (GAAP) of...

at 05:00
As GemGenève gears up for its 8th edition, the Strong and Precious Art Foundation is thrilled to announce that it will be participating in the prestigious show for the fifth time, showcasing the rich heritage of Trypillian culture. Spanning a period...

at 04:58
Silvercorp Metals Inc. ("Silvercorp") and Adventus Mining Corporation ("Adventus") are pleased to announce that the parties have entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Silvercorp has agreed...

at 04:50
Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the first quarter of 2024, demonstrating solid growth with a 4.7% increase in revenue. The company...

at 04:39
Kamux, a company specializing in omnichanel trading of preowned cars, continues to expand its operations in Germany and opens a new showroom in Siershahn, Southwest Germany, in May 2024. The new showroom is located close to Koblenz, Bonn, Wiesbaden...



News published on and distributed by: