Paul Collins
Vice President - Business Development Officer @Granite State Development Corp
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WORK HISTORY
Vice President - Business Development Officer @Granite State Development Corp
Business Development Officer (“BDO”) for Granite State Development for the Maine market.Granite State Economic Development Corporation is a non-profit lender authorized to package and service Small Business Administration (“SBA”) loans utilizing the 504 lending program. We are the most active certified development company in New England and provide financing in the states of Maine, Massachusetts, New Hampshire and Vermont.The SBA 504 loan program has helped business owners buy owner occupied (at least 51%) real estate and large equipment for over 30-years. The program can allow for down payments as low as 10%, with fixed rates for 20-years on real estate and 10 years on equipment for up to 40% of the purchase price/value.The BDO role works with commercial lenders and their borrowers to help facilitate the application and approval process with the Small Business Administration.Granite State Development is one of the largest CDCs nationwide, generally ranking in the top 6 for volume and dollar and has been recognized as the most active 504 lender in New England for at least 5 years.Since 2008, in cooperation with our valued bank lending partners, we have participated in 1,325 transactions for over $600 million, helping create over jobs in New England. This is more than all other CDCs in New England combined.
EDUCATION
University of Southern Maine
Certificate, Accounting
University of Maine
MBA, Finance
University of Maine
BA, Business Economics
SKILLS
ABOUT PAUL COLLINS
I work with commercial lenders and their borrowers to help facilitate the application and approval process with the Small Business Administration through their 504 loan program.
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