Spring Valley Banker Joining Indiana CDC
Craig Buse
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowCraig Buse is joining the Indiana Statewide Certified Development Corp. Southern Loan Committee. He has been with French Lick-based Spring Valley Bank & Trust Co. for 18 years, currently serving as senior executive vice president and chief lending officer.
The Indiana Statewide CDC works with local Indiana lenders to issue loans from the U.S. Small Business Administration 504 program. SBA 504 loans help owners of expanding or startup small businesses buy real estate, buildings and equipment. SBA 504 loans can give small business owners long-term, fixed rate financing similar to commercial loan terms available for large companies.
Indiana Statewide CDC is governed by a 18-member statewide board of directors. Potential loans are reviewed by three regional loan committees representing Southern, Central and Northern regions of Indiana.
Buse joins six other members of the Indiana Statewide CDC Southern Loan Committee. They are: Steve Bryant, South Central Small Business Development Center, Bloomington; Charles Fleck, German American. Bank, Jasper; Mary Ellen Jaynes, Jackson County Bank, Seymour; Tom Krodel, Old National Bank, Jasper; Richard Robinson, Rodefer Moss & Co., PLLC, New Albany; and Darren Spainhoward, First Financial Bank, Evansville.