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Want to Put Less Money Down and Get Lower Interest Rates?

Take Advantage of the SBA 504 Loan With WBD.

BUY

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MORE INFO

REFINANCE

MORE INFO

Want to Put Less Money Down and Get Lower Interest Rates?Take Advantage of the SBA 504 Loan With WBD.

BUY

BUILD

REFINANCE

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WBD: History & Current Information

 

 

WBD, Inc.’s mission is to assist small businesses in gaining access to capital in order to grow their businesses, create jobs and build communities.

 

The cornerstone of WBD's success is providing access to the SBA 504 loan product. Available exclusively from not-for-profit Certified Development Companies (CDC), the SBA 504 loan fulfills the U.S. Small Business Administration’s (SBA) public policy objective to support small businesses and create jobs in our communities through long-term, fixed-rate financing.

 

Since 1981, WBD has helped fund over 2,500 businesses and created over 65,000 jobs in Wisconsin and Minnesota. WBD is now consistently one of the top ten most active, of the nearly 250, CDC’s in the country. WBD participates in hundreds of projects each year with Wisconsin, Minnesota and Michigan lenders and serves as an integral hub in every project. 

 

 

WBD Service Company

 

The WBD Service Company was created to provide direct services to lenders and external customers with credit underwriting, application processing, and portfolio servicing. WBDSC staff is knowledgeable in a wide range of loan fund programs administered by the SBA, U.S. Department of Treasury’s Community Development Financial Institutions Fund, and other agencies.

 

Building on staff expertise in SBA lending, the service company offers a full range of support services to lenders wishing to utilize the SBA 7(a) program, from full packaging services to on call support.  Additionally, a new set of SBA 7(a) Training Courses are now being offered to provide a local, affordable option for increasing the knowlege of lenders wishing to use the 7(a) program.  These trainings will be periodically available at locatins throughout the WBD service area or can be customized for individual bank presentations.  For more information and a list of upcoming trainings, click here.

 

 

WBD Mission and Governance

 

 

Mission Statement

 

WBD is a business finance resource that provides the knowledge, services and access to capital needed to create jobs, grow businesses and build communities.

 

 

Governance

 

As a non-profit company, WBD is overseen by the Board of Directors.

 

WBD Board Members are selected from across its service area and from a diverse group of professionals who bring a variety of perspectives, talent and experience related to small business development and corporate finance.

 

The Board of Directors is made up of 11 Voting Members who are elected to serve two year terms.

 

 

Current Members of the Board of Directors

 

 

Craig AderholdWisconsin Bank and TrustDe Pere, Wisconsin
Pam ChristensonMadison Gas & ElectricMadison, Wisconsin
Barb LaMueNew North, Inc.Green Bay, Wisconsin
Kim Kindschi - SecManitou AssociatesMadison, Wisconsin
Tom MewsFirst National Community BankNew Richmond, Wisconsin
Bill Mitchell - ChairMichael Best & Friedrich LLPMilwaukee, Wisconsin
Steve PetersonChoice Financial GroupSt. Paul, Minnesota
Dave ProvancherWaterStone BankBrookfield, Wisconsin
Patrick SchlossCity of West AllisWest Allis, Wisconsin
Tim Schneider

Investors Community Bank

Manitowoc, Wisconsin

Dan Schneider

WBD

Madison, Wisconsin

 

 

WBD Senior Leadership

 

Dan Schneider – President/Chief Executive Officer

 

Randy Kyle – Executive Vice President and Chief Operating Officer

 

Wenda Roycraft – Senior Vice President and Chief Credit Officer

 

Jason Monnett – Senior Vice President and Senior Lender

 

Lance Walter – Senior Vice President of Strategic Communications

 

Marcie M. Mahuta – Senior Vice President of Finance