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RIDGESTONE BANK EXPANDS INTO WAUSAU, WIS. WITH SBA AND USDA LENDING

BROOKFIELD, Wis.  (July 9, 2014) – Ridgestone Bank is pleased to announce the addition of Erik Rajek to its SBA and USDA Commercial Lending Team as an Assistant Vice-President, Commercial Lending.  Rajek will concentrate on providing diversified loan options to small and mid-sized businesses in Central and Northern Wisconsin.  His loan production office is located on N. 3rd street in Washington Square in Wausau, Wis.  Ridgestone Bank is a national leader in SBA and USDA lending with primary locations in Brookfield, Wis. and Schaumburg, Ill. 

Rajek has worked in banking and small business finance for 10 years, specializing in SBA and USDA lending.  He previously built an internal SBA department and managed the credit department for a $1 billion community bank in Wausau.  He has also worked for Wisconsin Business Development administering SBA 504 loan programs and packaging SBA 7(a) loans for community banks.  “My goal at Ridgestone Bank is to help companies underserved by traditional banks find access to long-term working capital,” said Rajek.  “By helping companies restructure their balance sheets, they are better positioned for future growth.”

Ridgestone Bank is a privately-held bank with locations in Brookfield, Wis. and Schaumburg, Ill., as well as lending teams in Indianapolis, Green Bay, Wis. and Wausau, Wis. Founded in 1995, the bank is a leader in small business and government guaranteed lending nationwide and also provides retail banking services, including checking, money markets, CD’s, and other convenience services at its branch locations.  Distinguished by the SBA as an “SBA Preferred Lender,” Ridgestone Bank is the 7th most prolific SBA lender in the nation is the number one SBA lender in Illinois and is the number one SBA lender in its asset size in Wisconsin.  Ridgestone Bank is a leader in USDA lending in the United States and has been recognized as a valued partner by the USDA for its commitment to small businesses.  For more information, call 262-789-1011 or visit www.ridgestone.com.

 

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