Bank of Central Florida Announces New Business Opportunities with SBA Loans and Welcomes J. Kevin Riffey as the SBA Executive
Bank of Central Florida, headquartered in Lakeland, Florida, welcomes J. Kevin Riffey as Executive Vice President and Small Business Administration Executive.
As part of their recent expansion efforts, Bank of Central Florida identified the need for an SBA 7(a) lending program to serve a gap that has become more evident with the impact of COVID-19. Since the beginning of the COVID-19 pandemic, the bank has experienced an influx of PPP loans through the Cares Act and provided SBA loans to clients for whom it may be a better solution. Kevin will lead the effort to develop this new program and help local businesses across
“We are excited to have talent such as Kevin’s in developing a program that helps businesses grow through SBA loans,” says Paul Noris, CEO and Chairman of the Board. “Being able to provide businesses an SBA loan option will add more value in ways we can serve businesses in our local communities.”
Kevin brings 26 years of commercial banking experience to his new position. He began his
career in 1995 in the Management Association Program at AmSouth Bank (now Regions). Once
he completed the program, he worked in middle-market commercial lending. In 1998, he joined
GE Capital where he got his start in SBA lending. Most recently, he was responsible for
developing an SBA 7(a) lending platform at a large community bank.
“SBA lending is a vital source of funding for small businesses. Bank of Central Florida’s culture
is dedicated to the local small business community and focuses on serving the client. If a
conventional loan is not the best option for the client, then an SBA loan may be another way to
help their business succeed,” Kevin Riffey shares.
The Bank of Central Florida looks forward to working with Kevin to grow the SBA loan
program and help more community businesses in our service area.
About Bank of Central Florida
Founded in 2007, Bank of Central Florida was chartered to serve the financial needs of the local
marketplace. The bank is guided by a local board of directors with vast knowledge of the local
business climate and driven by their vision for a financial services institution focused on client
service. This approach has enabled the bank to bring financial solutions with an entrepreneurial
mindset for growth to its clients. Bank of Central Florida is headquartered in South Lakeland, with
offices in South Lakeland, downtown Lakeland, Winter Haven, Orlando, and Plant City. For
more information about Bank of Central Florida, visit www.bankofcentralflorida.com. Member