Tom Armstrong Email and Phone Number
I started a non-traditional commercial finance business, Elite Business Financing, to provide alternative funding for small businesses including startups after 35 years of working in the banking industry. In the process of developing my own business, I got connected to American Financial Network which provides different leasing programs to create a "win-win" situation for small businesses and banks throughout Northern Wisconsin and the U.P. This program can fill some of the gaps to help businesses succeed and provide options not available with traditional bank options.While traditional bank financing for small businesses may not be available, I'm working on finding solutions for small businesses that can provide leasing programs and working capital to succeed in today’s challenging environment.During my career in finance, I have considered myself a relationship banker and my goal was to find a solution for customers that provide the best chance for success. I wanted to get to know my customers and wanted them to be repeat customers throughout my career. Coming from a rural community, I feel like it was very important to do whatever I could to create a positive impact on small businesses and my community. I was granted the opportunity to represent small banks and Northern Wisconsin for 6 years by serving on the Board of Directors at the Federal Reserve Bank Board of Directors in Minneapolis, Minnesota.Besides work, my main priority will always be to spend time with my family and enjoy the my time with my grandchildren. My passion for community involvement has been to dedicate myself to coach various levels of baseball and basketball for over 35 years My family gave me the passion for sports as I am the son of the only father-son duo to ever be elected to the Wisconsin Baseball Coaches Hall of Fame. Please feel free to contact me at tarmstrong@afnleasing.com and we can discuss options about how I can help.
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President/OwnerElite Business Financing Jan 2021 - PresentOconto, Wisconsin, United StatesProvide traditional and non-traditional funding options for commercial customers including equipment leasing, unsecured lines of credit, working capital, SBA deals, equipment financing, CRE financing.Working with banks to fill non-traditional funding to help commercial loan customers achieve their goals while reducing the risk to the banks. Filling in the gaps for commercial customers that may need working capital to reach their goals.Provide Debt Restructuring programs that can help a business with the cash flow and possibly save the business from bankruptcy or being permanently shut down. Provide Municipal Financing programs that allow government entities the ability to take advantage of their tax exempt status to provide below market interest rate.Provide SBA loans with as little as 5% down of buyers captial injection to pursue a new business purchase. Allowing the business not to worry about refinancing the deal in the future. -
Northern Wisconsin Territory ManagerAmerican Financial Network, Inc. Sep 2022 - PresentCleveland, Ohio, United States -
Market President / Senior Vice PresidentForward Bank May 2019 - Dec 2020Park Falls, Wi 54552Forward Bank has purchased the First National Bank of Park Falls. Will have a active roll in Commercial Lending along with leading the offices in the Park Falls and Phillips area. -
Board Member - Federal Reserve Bank Of MinneapolisFederal Reserve Bank Of Minneapolis Jan 2015 - Dec 2020Greater Minneapolis-St. Paul AreaMember of the Federal Reserve Board -
President / CeoFirst National Bank Of Park Falls Mar 1990 - May 2019Park Falls, Wi
Tom Armstrong Education Details
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Applied Mathematics -
Banking And Financial Support Services
Frequently Asked Questions about Tom Armstrong
What company does Tom Armstrong work for?
Tom Armstrong works for Elite Business Financing
What is Tom Armstrong's role at the current company?
Tom Armstrong's current role is President/Owner - Elite Business Financing.
What schools did Tom Armstrong attend?
Tom Armstrong attended University Of Wisconsin-Stout, University Of Wisconsin-Madison.
Not the Tom Armstrong you were looking for?
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Tom Armstrong
North Haven, Ct -
3woodgroup.com, aol.com, yahoo.com
1 +198520XXXXX
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3gmail.com, gmail.com, gmail.com
1 +140734XXXXX
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Tom Armstrong
Worcester County, Ma
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