Leader Bank Welcomes Jordan Richmond as Senior Vice President of Government Guaranteed Lending

Leader Bank, N.A. is excited to announce the addition of Jordan Richmond as Senior Vice President of Government Guaranteed Lending, a move that expands the Bank’s Small Business Administration (SBA) lending division.

“Supporting the region’s small businesses has been a focus for Leader Bank since our founding,” said Jay Tuli, President of Leader Bank. “Jordan’s addition to lead our SBA lending efforts will help us bolster our commitment to the local businesses that are so integral to the communities we serve.”

In his new role at Leader Bank, Jordan will lead SBA lending for the Bank and specialize in cashflow lending. With more than two decades of industry experience, Jordan’s passion is advising buyers in business acquisitions, franchise financing, SBA financing, commercial credit, and commercial real estate.  He is well-known across the industry for conducting public speaking workshops, educational webinars, and for his community involvement.

“At Leader Bank, we pride ourselves on taking the time to understand our clients’ needs so we can provide the ideal lending solutions to help their businesses prosper,” said Matthew Pierce, Leader Bank’s Chief Lending Officer. “Jordan shares these values and was the ideal fit as we look to grow our SBA lending division.”   

Leader Bank is a preferred lender of the U.S. Small Business Administration and was the fourth largest 7(a) SBA lender among Massachusetts banks with less than $5 billion in assets last year. Leader Bank was a proud participant in the Massachusetts Treasury Department’s Small Business Banking Partnership and is now a participant in the successor program, Invest MA, which works to ensure Commonwealth funds are deposited in Massachusetts-based institutions to help local small business lending and spur job creation.

“I’m very excited to be heading Leader Bank’s National Government Guaranteed Lending program,” said Jordan Richmond, Senior Vice President of Government Guaranteed Lending at Leader Bank. “Leader Bank has an outstanding reputation for excellent client service, and we have such a talented SBA team in place.  We are proud to be able to serve so many small businesses both locally and throughout the country.”

ABOUT LEADER BANK, N.A.

Founded in 2002, Leader Bank, N.A. is a Massachusetts-based entrepreneurial financial institution that approaches banking differently. The core tenets of Leader Bank include world-class client service, exemplary products, and innovation to meet the needs of its clients. At its founding, Leader Bank had $6.5 million in assets – in the two decades since the Bank has grown into one of the most successful financial institutions in the Commonwealth with more than $4 billion in assets. Leader Bank’s team members have been at the forefront of supporting the Bank’s rapid growth and client-oriented solutions over the last two decades as the Bank has expanded its commercial and retail products and solutions. Leader Bank is a committed corporate citizen and prides itself on partnering with and supporting philanthropic organizations. More information on Leader Bank can be found at www.leaderbank.com.