Ben Powell to lead GCL’s credit administration team
RENO, Nev., November 17, 2022 /PRNewswire/ — More commercial loans (GCL) announced that Ben Powell joined as Vice President, Credit Administration. He will lead GCL’s credit administration team, coordinating between GCL and lending partners to establish and maintain successful loan packages and relationships. A subsidiary of the Greater Nevada Credit Union (GNCU), GCL lends to businesses and organizations in rural and underserved communities.
Powell was most recently a director and senior lending specialist at Brillient Corporation, an information technology consulting and services firm. Previously, he was a loan specialist and underwriter at the U.S. Small Business Administration (SBA), where he was responsible for underwriting, credit analysis, and portfolio management of SBA 7a and 504 loans. During a previous tenure at the SBA, Powell was a loan monitoring officer, leading a team of 25 SBA underwriters.
“We are delighted to welcome Ben Powell to our strong and growing team at GCL. A proven leader, Ben’s extensive knowledge and experience in SBA and commercial lending will be an asset to GCL and our clients,” said Jeremy GilpinExecutive Vice President of GCL.
At Brillient, Powell led a national team, managing SBA loan operations, credit administration, credit risk improvement, fraud reporting and loss mitigation. During his tenure, he funded $440 billion in loans to 3.9 million organisations. Prior to joining Brillient, he was a mortgage underwriter at Digital Risk.
Powell has also held positions at Bank of America, including Senior Mortgage Underwriter and Senior Head of Corporate Banking, as well as Washington Mutual Bank. He is trained in SBA Standard Operating Procedures (SOP 50 10), loan servicing, compliance, risk trends and fraud reporting. He attended North Lake College.
About the expansion of commercial loans
More commercial loans (GCL) is a lending organization that brings together credit unions and community lenders from across the United States to provide government-backed loans to businesses and initiatives in rural and underserved markets across the United States and its territories. It helps fund key infrastructure services, such as electricity, renewable energy, transportation and fiber optics, as well as schools, hospitals, restaurants, agriculture, hotels and manufacturers. GCL partners with the United States Small Business Administration (SBA) and the United States Department of Agriculture (USDA), which guarantee the loans, to arrange credit on favorable terms. GCL is an affiliate of the Greater Nevada Credit Union (GNCU).
SOURCE More Commercial Loans