The Delaware County Bank and Trust Company Obtains SBA Preferred Lender Status And Announces the ...

(Source: DCB Financial Corp) LEWIS CENTER, Ohio, Dec. 9, 2015 /PRNewswire/ -- The Delaware County Bank and Trust Company (the 'Bank') announced today that the U.S. Small Business Administration ('SBA') has granted the Bank Preferred Lender status under the SBA's Preferred Lender Program ('PLP'). Under this program, the SBA delegates the final credit decision to carefully selected PLP lenders, thereby streamlining the procedures necessary to provide financing to the small business community. Lenders are considered for PLP status based on their record with the SBA, and must have demonstrated a proficiency in processing and servicing SBA-guaranteed loans. The Bank also announced that it has...