Malvern, PA (PRWEB) May 01, 2013
Velocity Commercial Capital, a national real estate lender specializing in originating and securitizing small-balance commercial loans, announced today that it has officially opened its Eastern Regional Office. The growing demand in the market nationwide made Velocity’s East Coast expansion inevitable.
With its new doors open, Velocity also adds another small-balance commercial veteran, Dave Ryan, to help boost originations on the East Coast. Ryan brings more than 15 years of industry experience to his post, including several as a top originator for Interbay Funding.
“The opening of our new office will surely translate into better customer service and endless growth potential throughout the country,” said Chris Farrar, President and CEO. “We’re very excited about the additions to our team and looking forward to another record setting quarter for Velocity.”
As Velocity’s footprint continues to grow, so do the options for brokers and their borrowers in this thriving small-balance commercial niche.
Founded in 2004, Velocity Commercial Capital is a direct, wholesale lender specializing in commercial loans from $250k to $1.5 million nationwide. Velocity continues to provide the industry with streamlined programs and a common-sense approach targeting the under-served niche between banks and hard money lenders. Velocity is headquartered in Westlake Village, California and adds a new office in Malvern, PA. For more information, please visit: http://www.velocitycommercial.com