Share This Profile
Share this profile on Facebook.
Link to this profile on LinkedIn.
Tweet this profile on Twitter.
Email a link to this profile.
See other services through which you can share this profile.
This profile was last updated on 7/19/13  and contains information from public web pages and contributions from the ZoomInfo community.

Government Guaranteed Lending Pro...

Associated Bank
P.O. Box 19006
Green Bay, Wisconsin 54307
United States

Company Description: Associated Banc-Corp, headquartered in Green Bay, Wis., is a diversified multibank holding company with total assets of $21 billion. Associated has more than 300...   more
Background

Employment History

Web References
Jeff Scheffler of ...
biztalkwithscore.com [cached]
Jeff Scheffler of Associated Bank
...
Tony Busch talks with Jeff Scheffler of Associated Bank about SBA lending and programs.
SBA gives veterans a financial boost - Colorado Springs Gazette- Guaranteed Loan Approval | guaranteedpaydayloan.org
www.guaranteedpaydayloan.org [cached]
But Patriot Express borrowers can get their money as a line of credit, an option not open under the preferred lender program, said Jeff Sheffler, a vice president with Associated Bank in Kimberly, Wis. Discover more
BizTalk with SCORE Archives
www.biztalkwithscore.com [cached]
Tony Busch talks with Jeff Scheffler of Associated Bank about SBA lending and programs.
...
Jim & Tony talk with Jeff Scheffler from Associated Bank on SBA lending
Jeff Sheffler, ...
campaign.unitedwayfoxcities.org, 15 Nov 2007 [cached]
Jeff Sheffler, Associated Bank
Jeffrey Sheffler is the ...
www.greenbaypressgazette.com, 17 Nov 2007 [cached]
Jeffrey Sheffler is the Government Guaranteed Lending Program manager for Associated and oversees the program for Wisconsin, Illinois and Minnesota.The process can be initiated at any Associated Bank.
Sheffler said that the program offers a number of benefits."The great thing about the Patriot Express program is, even though it carries the higher bank guarantee of the Patriot Loan Program, the paperwork for the borrowers is as streamlined as the regular SBA Express program.As the name implies, the paperwork is kept to a minimum in order to expedite the borrowers' loan application," he noted.
A quicker process, however, doesn't mean that normal loan application requirements are omitted.Typical underwriting criteria are used to evaluate the loan, and a business plan is usually needed.Since the loans are available for most business purposes including start-up, expansion, equipment purposes, working capital, inventory or business-occupied real estate purchases, it is important to show what you need the money for and how you plan to repay the loan.
"The applicant only gets one chance to make a first impression on the banker," Sheffler said."The business plan should essentially be complete, including financial projections, and copies of historical business/personal financial data."
In addition to the business plan, the loan program requires a minimum down payment of 10 percent of the requested loan total.However, Sheffler said that the bank might dictate a higher down payment than the minimum required by the SBA.
Sheffler said that vets with a bad credit rating could still get a loan if they meet the other criteria and if the reasons for the low score are justified.
Currently, the SBA guarantees more than $1 billion annually in loans for veteran-owned businesses.And, with the launch of the Patriot Express Loan initiative, the SBA is hoping to increase those numbers.But, Sheffler doesn't want vets to think that the program is an easy way to get money.
"This perception is incorrect and an urban legend at best.Planning to own your own business should take some time and yes, perhaps, even some struggles, so that the applicant is very certain of the personal risk that they are taking for the hope of personal return and/or satisfaction in the future.No one plans to fail, but many people fail to plan," he concluded.
Other People with the name "Scheffler":
Other ZoomInfo Searches
Accelerate your business with the industry's most comprehensive profiles on business people and companies.
Find business contacts by city, industry and title. Our B2B directory has just-verified and in-depth profiles, plus the market's top tools for searching, targeting and tracking.
Atlanta | Boston | Chicago | Houston | Los Angeles | New York
Browse ZoomInfo's business people directory. Our professional profiles include verified contact information, biography, work history, affiliations and more.
Browse ZoomInfo's company directory. Our company profiles include corporate background information, detailed descriptions, and links to comprehensive employee profiles with verified contact information.
zirhbt201304