Small Business Specialty Lending

Colony Bank’s Small Business Specialty Lending Group (SBSL) focuses on Small Business Administration (SBA) lending and customized financial solutions to small businesses across the country. With over 125 years of combined experience, the SBSL team understands the needs of small businesses and is dedicated to seeing small businesses succeed one at a time.

Loan Solutions

The SBSL group utilizes several government-guaranteed loan programs which all provide high loan to values, low down payments, long terms, and competitive interest rates.

Loan Size - $500,000 to $5,000,000
Use of Proceeds:
• Owner Occupied Commercial Real Estate – Purchase, construction and refinance
• Machinery & Equipment – Purchase and refinance
• Business Acquisitions
• Partner Buyouts
• Working Capital
• Business Debt Refinancing/Consolidation
• Business Expansion
• Franchise Lending
Terms- 10 to 25 years
Project Size - $1,000,000 to $10,000,000
Use of Proceeds:
• Owner Occupied Commercial Real Estate – Purchase, construction and refinance
• Machinery & Equipment – Purchase and refinance
Terms – 10 to 25 years
Loan Size - $1,000,000 to $10,000,000
Use of Proceeds:
• Owner Occupied & Investment Commercial Real Estate- Purchase, construction and refinance
• Machinery & Equipment – Purchase and refinance
• Working Capital
Terms – 7 to 30 years
For non-profits, public bodies and federally recognized tribes that provide an essential community facility in a town or city with a population of 20,000 people or less. An essential community facility is a facility that provides an essential service to the local community for the orderly development of the community. Example include:
• Health care facilities
• Public facilities (town halls, courthouses, airport hangers)
• Community support services (childcare centers, community centers, fairgrounds, transitional housing)
• Public safety services (fire departments, police stations, prisons)
• Educational services (museums, libraries, private schools)
• Utility Services (telemedicine, distance learning equipment)
• Local Food Systems community gardens, food pantries, community kitchens, food banks)

Loan Sizes - $1,000,000 - $15,000,000
Use of Proceeds:
• Purchase, construct and/or improve essential community facility
• Purchase Equipment
• Related Project Expenses
Terms – Up to 40 years

Meet our Team

Why SBSL? We are dedicated to empowering business owners across the country to transform their dreams into reality. Our expert team members take a consultative approach to the SBA journey to ensure you understand each step. Our team coupled with our transparent and efficient process when it comes to government-guaranteed lending is what makes us stand apart from other lenders.

Kandee Cotton, VP Business Development Officer

Kandee has been in the dental/specialty lending arena for over 23 years. She takes great pride in ensuring that all of her customers receive excellent customer service. She attended Ohio State University. Kandee and her husband have a 9-year-old son and an 11-year-old daughter. With a true passion for helping others, she volunteers as the schoolroom parent for both of her children and has been the school walk-a-thon fundraising chair for 2 years. In her spare time, Kandee enjoys spending time with her family, baking, and volunteering. She would love the opportunity to help take your business to the next level.

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Charles Gillis, VP Business Development Officer

Charles has been in banking since 1994, he has focused his career on small business lending and developing long term relationships with his customers that continue to this day. He lives in and is from a rural community but is totally comfortable doing business in a sophisticated business environment. A self-proclaimed “deal junkie” Charles loves the challenge of helping people and their businesses succeed and be as profitable as possible.

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Ken Glover, VP Business Development Officer

Ken joined Colony Bank in October 2020 as a Business Development Officer based in Ponte Verda Beach, FL. Ken has over 30 years of experience in the finance industry, including corporate finance and international transactional lending. He has been involved with over $500,000,000 in transactions in his career.

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Michael Oppel, VP Business Development Officer

Michael started his banking career in 2011 as a credit analyst. Since that time, he has held positions as a USDA/SBA loan broker and has spent time at two other banks underwriting, packaging, closing, and servicing USDA B&I and CF loans. Michael has a Bachelor of Business Administration in Finance and an M.B.A both from Valdosta State University. Michael is married and has a 3-year-old daughter and 1-year-old son.

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Elise Roper, VP Business Development Officer

Elise joined Colony Bank in October 2020 as a Business Development Officer based in Birmingham, AL. Elise has over 29 years of commercial banking experience including 21 years as an SBA Lender and has lent over $187,000,000 to U.S. small business during her career.

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Robert Ruiz, VP Business Development Officer

Robert joined Colony Bank with over 22 years of banking experience; all those years were specializing in U.S. Small Business Loans. He is well versed in the SBA industry and has worked with both bank and non-bank lenders on a national and regional level.

Robert is an active Member of CTAGGL (Central Texas Association of Government Guaranteed Lenders). He is dedicated to providing outstanding customer service and is passionate about small business finance.

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