Jeff Thormann appointed Vice President of Sales for SmartBiz Loans®

SAN FRANCISCO – () – SmartBiz loans®, the # 1 online platform for SBA loans for small businesses, has named Jeff Thormann vice president of sales. Thormann arrives at SmartBiz® with over 20 years of experience in the banking and financial services industry.

During the first round of Paycheck Protection Program (PPP) loans, banks found the SmartBiz® Advantageous white glove lending platform and service capabilities to serve their own customers. As a result, Thorman was recruited to help expand the company’s reach with banks and credit unions.

Based in Scottsdale, Arizona, Thormann says, “When I learned of this opportunity, I knew my knowledge and experience would fit. credit unions to the SmartBiz lending platform so that more small businesses can access low-cost capital online. ”

Thormann has spent over 16 years in enterprise software and sales for various companies including The Risk Management Association, Moody’s, nCino, Zafin and others, working with many of the largest banks in the United States. United.

Evan Singer, CEO of SmartBiz, said, “Jeff is a seasoned sales leader with exceptional experience building strong banking relationships and bottom lines. As we expand our lending platform to enable more banks to process SBA and term loans for their own clients. , Jeff’s expertise will help me immensely. ”

As a member of the management team, Thormann will play a key role in strategy development, growth, productivity and optimization of the SmartBiz sales organization. He will also work with the management team to lead products and projects aimed at attracting more banking partners to the SmartBiz lending platform.

Thormann holds a BA from the University of Michigan and an MBA from the University of Notre Dame.

ABOUT SMARTBIZ LOANS

SmartBiz loans® (www.smartbizloans.com) is the # 1 online platform for traditional SBA 7 (a) loans under $ 350,000, helping banks and their clients streamline the SBA and small business lending process. SmartBiz has helped banks on the platform process over $ 4 billion in PPP, SBA 7 (a) and bank term loans serving over 20,000 businesses and supporting 300,000 jobs.

SmartBiz recently introduced an automated PPP loan remission solution to help bank teams efficiently manage remittance with an intuitive and user-friendly online customer experience. SmartBiz will soon launch an automated online application to help banks process the new round of PPP lending under the stimulus package currently under consideration by Congress.

SmartBiz Loans is headquartered in San Francisco and was founded in 2009 by a team of experienced financial services entrepreneurs with support from leading venture capital firms including Venrock, Investor Growth Capital, First Round Capital, Baseline Ventures and Uncork Capital. Learn more about www.smartbizloans.com.

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