MVSB Named NH Lender of the Year by the Small Business Administration

MVSB (Meredith Village Savings Bank) has been named New Hampshire Lender of the Year by the U.S. Small Business Administration (SBA). The award recognizes the Bank for the number and dollar amount of SBA 7(a) business loans, commitment to utilizing SBA loan programs and for providing small businesses with the access to capital they need to grow, thrive and succeed.

MVSB’s Commercial Lending team and leadership accepted the award during the SBA’s Lender Appreciation Ceremony at the Lakeport Opera House in Laconia on December 3.

“Our exceptional team of commercial lenders and administrators truly go above and beyond to support the financing needs of local businesses,” said Dan Osetek, MVSB Senior Vice President, Senior Commercial Loan Officer. “This award is a testament to that service and also to MVSB’s continuous work to offer the most efficient, real-time digital lending offerings to small businesses in the communities we serve. These strengths have helped us improve access to SBA programs and increase the number of loans we provide to local businesses.”

The Bank has placed significant focus in recent years on expediting decisioning, processing and funding of business loans to ensure businesses can more readily access financing to manage day-to-day needs. This express offering has set the Bank apart from local and national competitors – blending the warmth of personalized service with the latest in innovative technology. Dan shared that, “these improvements truly give our customers a best-of-both worlds experience – access to financing at their fingertips, with the support and expertise of a local lender that is invested in their success.”   

The U.S. Small Business Administration (SBA) helps small business owners and entrepreneurs pursue the American dream. Their 7(a) loan is the SBA’s primary program for providing financial assistance to small businesses and offers guarantees on loans to small businesses of up to $5 million. Go to  sba.gov/district/new-hampshire to learn more about the SBA New Hampshire district.

MVSB has been serving the essential banking needs of people, businesses, nonprofits and municipalities for over 150 years. As a mutual savings bank, MVSB has no stockholders but rather operates for the benefit of its customers, employees and community. Since our founding, one thing has always remained true: caring is at the heart of everything we do. By building and nurturing relationships, we believe that we can cultivate a community where we all thrive. It all starts with caring about our customers and neighbors. To learn more, visit any of the local branch offices located in New Hampshire in Alton, Ashland, Center Harbor, Exeter, Gilford, Laconia, Melvin Village, Meredith, Moultonborough, North Conway, Plymouth, Portsmouth, Rochester or Wolfeboro, call 800.922.6872 or visit mvsb.com.