David Spinner Email & Phone Number

Managed portfolio of SBA loans showing signs of stress, but not in Special Assets / workout status. Proactively assessed credit risk and risk rating recommendations. Improved information flow, timeliness and readiness for liquidation on loans moved to Special Assets. Identified loans for risk rating upgrades.

Reviewed, decisioned and tracked SBA loans, annual reviews, and modifications. Administered construction draws.

Wil

Underwrote SBA loans in various industries, primarily funeral homes.

Richmond, Virginia Area

Founded in 1998, Thurmond Clower & Associates (TCA) is a leading provider of credit-related services to banks and other lenders. Since inception, we have assisted our clients in understanding the credit risk in their loan portfolios, providing practical, cost efficient solutions. We understand that one size does not fit all financial institutions. Therefore, we custom design all of our services and products to meet the specific needs of each client. We have served over 65 lending institutions… Show more Founded in 1998, Thurmond Clower & Associates (TCA) is a leading provider of credit-related services to banks and other lenders. Since inception, we have assisted our clients in understanding the credit risk in their loan portfolios, providing practical, cost efficient solutions. We understand that one size does not fit all financial institutions. Therefore, we custom design all of our services and products to meet the specific needs of each client. We have served over 65 lending institutions in Virginia, Maryland, North Carolina, South Carolina, West Virginia, New Jersey, Connecticut, Texas, Louisiana, Utah, and California.Led by Co-Founder and Principal P. Thomas Thurmond, our team of experienced professionals understands the pressures on banks and other lenders, particularly community banks, and is dedicated to helping each client solve their credit risk management issues. Each member of our team has at least 25 years of experience in banking and/or commercial lending. Some have been bank Presidents, and all have been lending officers. In addition, some members of our team bring specific lending experience in asset-based lending, equipment leasing, SBA lending, real estate lending, consumer lending, and other specific areas. Our firm’s specific services offered include:• Customized Loan Review• Credit Process Review• M&A Due Diligence Review and Consultation• Credit Training• Risk Rating Systems• Loan Portfolio Stress Testing• Commercial Credit Analysis• Regulatory Relations and Compliance• Board of Directors Training• Lending Process Re-engineering• Lending Skills Assessment• Loan Consultation• Portfolio Acquisition and Sales• Enterprise Risk Management Show less

Richmond, Virginia Area

Provided commercial loan underwriting services, SBA and conventional, to Certified Development Companies and banks.

Richmond, Va

Managed team of Loan Underwriters and served on Credit Committees which approved SBA, conventional, and income-producing real estate loans. Also approved loans within individual loan authority. Participated in development of franchise lending policy. Consulted with Business Development Officers.