Peapack-Gladstone Bank on Tuesday introduced new members to the bank’s SBA lending division, which is responsible for driving the company’s growth and expanding the SBA business, with a focus on providing exceptional and personalized service to new and existing clients.
The goal of the Small Business Administration in the United States was to support the overall economy of the country and to help individuals start, build, and grow their businesses. Based on the Princeton Peapack-Gladstone Bank website, SBA’s Lending Division provides qualified small business owners with tailored assistance to support their financial needs and help their businesses thrive and succeed.
Sanjay Patel joins the Peapack-Gladstone Bank team at SBA as General Manager, Banker at SBA.
Previously, as Senior Vice President of Noah Bank, he was responsible for creating and processing business loans, SBA 7(a) and 504 loans. Patel has a proven track record in SBA lending and also serves as Director of Sales, Creative Funding Inc. Vice President and New Jersey Office Manager, Poppy Bank; Senior Relationship Manager and Vice President of Dime Community Bank; Senior Vice President, SBA Lending, Freedom Small Business Lending; Head of the American Indian Community Division, Noah Bank; Senior Vice President of Unity Bank; and as Vice President and Partner in Creative Capital Group at Edison.
With over 18 years in the financial services industry, Bhavish Sheth joined the team as General Manager, Banker at SBA. With a focus on SBA lending, Sheth has a proven track record of increasing sales, market share, and profit growth in the competitive financial arena. Most recently, Sheth served as Senior Vice President, Noah Bank, and as an independent advisor to Creative Funding Inc. Together, they have secured more than $30 million in SBA 7(a) loans. Prior to that, he held the position of Vice President, SBA Lending, at Poppy Bank; Associate Vice President, SBA Lending, Dime Community Bank; Vice President, Commercial Lending, Freedom Small Business, BIDCO Inc. Senior Vice President of Commercial Lending, Noah Bank. Commercial Lender, Business Development Executive at SBA, Unity Bank, Clinton; Senior Loan Officer, Motel Broker Associates Inc. ; and project leader, Crown Futures Corp.
Barth Thakur, a Rutgers University graduate with a BA in Economics, joins Peapack-Gladstone Bank as Associate Vice President, Insurance Agent at SBA. Barth will support the SBA team with his extensive background in underwriting and credit analysis. Previously he worked as a credit analyst, Noah Bank, and his expertise was invaluable by evaluating and analyzing the applications of potential lenders. Prior to that, he worked at Creative Funding Inc. Loan assistant at Poppy Bank; and mobilizing SBA loans at Freedom Small Business Lending, BIDCO Inc.
Peapack-Gladstone also announced the appointment of Karen Rosner as Vice President, Associate Brand and Director of Marketing.
Rosner is primarily responsible for the development and promotion of the Peapack-Gladstone Bank family and Peapack Private Wealth Management brands, ensuring that the integrity of the message and brand elements are conveyed across the organization, through all advertising and communications to employees, customers, and the communities serving the Bank, its divisions, and subsidiaries.
She is also responsible for the overall monitoring and management of the Bank’s advertising and marketing programs, social media, website design and maintenance strategies, and the development of short and long-term goals and objectives for future growth.