April 17, 2021

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Mortgage News

Serving Small Businesses: 20-Year Corporate Banking Veteran to Expand Regions’ SBA Lending Focus

BIRMINGHAM, Ala .– () –Regions Bank announced on Thursday Caroline Taylor has joined him Corporate Banking Group as Senior Vice President and Head of Small Business Administration (SBA) Lending.

Taylor brings extensive banking experience focused on meeting the financial needs of small businesses. Taylor reports to Timothy Monte, executive vice president and head of Credit Products for Regions. He will be based in North Carolina and lead services to small business clients in the South, Midwest and Texas regions.

“Caroline has a real passion for serving and helping small businesses succeed. She is focused on building long-term relationships with customers that are focused on great service and tailored financial insights, ”said Monte. “She is recognized as a leader in the SBA world. We know her experience and passion will benefit our current customers and help us reach new customers with SBA financial tools that help businesses grow and prosper.”

Prior to joining Regions, Taylor was the national head of SBA Lending and the Small Business Credit Underwriting Director at Capital One. There she developed a high performing loan portfolio management, underwriting, closing and liquidation team while overseeing the day-to-day operations focused on loan underwriting and portfolio management. Taylor’s leadership was instrumental in successfully building the SBA division, increasing volume by 20%, and growing the portfolio to over $ 300 million.

She previously served as SBA Private Business Credit Insurer and Deputy Vice President at Wells Fargo. Taylor earned a Bachelor of Arts in Political Science with Philosophy of Concentration of Law from North Carolina State University. Taylor currently serves on the board of directors of the National Association of Government Guarantee Lenders (NAGGL), the trade organization for loans under SBA 7 (a). She is a member of the Large Bank Committee and the Technical Committee.

“The Regions team has a clear focus on serving and empowering small businesses. In this role, I will focus on growing our SBA lending business and making our services more scalable to meet the needs of a wide variety of clients,” said Taylor.

“Consider the incredible work that has been done in the regions to connect tens of thousands of small businesses through the pandemic with funds from the SBA’s Paycheck Protection Program,” added Taylor. “This is an example of our focus on supporting the businesses that are the economic heartbeat of our communities. Now we have the opportunity to take our service to the next level. From our branches to our digital services, we’ll find more and more ways to let a customer know that I’m here for you. We’re not just providing a service, we’re providing a relationship, and I’m here for the long term. It’s an exciting time for Regions and I look forward to continuing the growth of the Regions SBA lending business. ”

The US Small Business Administration is committed to helping small business grow and develop. One of the ways it does this is by guaranteeing small business loans through participating financial institutions across the country. Regions Bank is both an SBA Preferred Lender and one of the most experienced SBA lenders in America.

About Regions Financial Corporation

Regions Financial Corporation (NYSE: RF) is a member of the S&P 500 Index, with $ 147 billion in assets, and one of the nation’s largest full-service providers of consumer and commercial banking, asset management, and mortgage products and services. Regions serves customers in the South, Midwest and Texas and operates more than 1,300 banking offices and 2,000 ATMs through its subsidiary Regions Bank. Regions Bank is an equal lender and a member of the FDIC. For more information on regions and their full range of products and services, see www.regions.com.