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Liberty Bay Credit Union Earns SBA Preferred Lender Designation

Jan 8, 2014 | Reprints | Print

Boston-based Liberty Bay Credit Union has been designated a preferred lender by the U.S. Small Business Administration (SBA).

The SBA delegates the final credit decision and most servicing responsibility to Preferred Lenders Program lenders. Liberty Bay Credit Union earned the designation based on its record with the SBA.

"We are excited to be selected as a preferred lender," Paul Gravellese, vice president of business solutions for Liberty Bay Credit Union, said in a statement. "Financing business expansion strengthens our local economy, and Liberty Bay Credit Union looks forward to providing assistance to the small business community with SBA-guaranteed loans."

Banking & Lending