William Pazmino

About William Pazmino

As Executive Director, Pazmino set about to redirect the company’s efforts by developing new credit policies while seeking alternative sources of revenue that would assure that RBAC could continue to carry out its mission to provide much needed financing and training programs to assist struggling small business owners in New Jersey. Pazmino’s main objective at that time was to look for programs that would allow the company to obtain financial self-sufficiency and long term sustainability. Accordingly, Mr. Pazmino made a push to get RBAC certified as a CDC and in the middle of 2007 the U.S. Small Business Administration granted RBAC that designation. Since that time the company, under Pazmino’s direction, has become a very successful entity and the largest CDC in NJ – growing a portfolio valued at over 210 million dollars, with over 300 active clients. In the spirit of expansion, RBAC was one of the first community development lenders to undertake the new Community Advantage (7a) loan program and last year RBAC was recognized by NADCO as one of the largest CA lenders in the nation. Since the new program’s inception in 2012, RBAC has approved over 100 CA loans and closed 70 of them, totaling in excess of 10 million dollars. Best of all, 100% of these active loans remain in good standing, despite a more challenging economic climate. Of course, this tremendous success would not have been possible without the support of the dedicated RBAC staff, which is now comprised of 15 full time employees. RBAC\'s financial position has changed for the better and now it is very strong position with 10 million dollars in assets and nearly 4 million in equity.

Experience

1. Executive Director

   Rbac

   Apr 2004 — Present · Mercerville, NJ, US

   Establish and maintain relationships with private and public funding sources, financial institutions, community organizations, and the media.Direct all program components, including training, business technical assistance, lending programs, ongoing management assistance, and business and personal support services.Hire, supervise, recruit and motivate staff, committee members, and volunteers, and promote development of their skills and leadership abilities.Grooming, mentoring, and succession planning for the organization’s staff.Oversee development of management information systems, including financial and program information,to facilitate planning, provide evaluative data for monitoring agency performance, and support resource development efforts.Key AccomplishmentsObtained the CDC certification for RBAC in 2007Grew RBAC 504 loan portfolio to over 300 active clients and over RBAC as the number 1 CDC on the NJ marketExpand the 504 NJ market by educating and promoting the program directly to the end consumerObtained CA certification on 2011Successfully approved and closed more than 70 CA loansGrew CA portfolio to over default and delinquency rates under 1% for the 504 loan program and 0% for CA Loan program.

Education

• Rider University

  Master of Business Administration - MBA

  2003

• Universidad Libre ®

  Doctor of Medicine - MD

• Universidad Icesi

  Master's degree, Marketing

Skills

• Credit Analysis
• Financial Analysis
• Investments
• Portfolio Management
• Loans
• Strategic Planning
• Small Business Lending
• Commercial Banking
• Mortgage Lending
• Commercial Lending
• Credit
• Banking
• Risk Management
• Funding
• Finance
• Commercial Mortgages
• Underwriting
• Loan Origination