News (Noticias) Tagged ‘Solera National Bank’

Solera National Bank, a wholly-owned subsidiary of Solera National Bancorp, Inc. , announced today that it has completed its first financing as a Certified Lender for the Business Consortium Fund (BCF) Loan Guaranty/Participation Program (LGPP). The BCF is a non-profit business development organization and is affiliated with the National Minority Supplier Development Council (NMSDC). Solera National Bank is currently the only bank in the state of Colorado acting in this capacity on behalf of the BCF. Solera works closely with the Rocky Mountain Minority Supplier Development Council (RMMSDC), the NMSDC regional affiliate located in Denver, Colorado.
The financing program was completed for the benefit of CADDO Design, Inc. dba CADDO Solutions (CADDO) to provide a combination of term and revolving working capital financing to support its existing needs as well as to provide for its future growth plans. In addition to the working capital financing, Solera is providing for the complete cash management and merchant banking needs of CADDO. CADDO is a 100% Native American-owned and managed national company headquartered in Denver, Colorado that specializes in workplace ergonomics, office products and printing services. CADDO has been a certified small business of RMMSDC for sixteen years.
The NMSDC was chartered in 1972 to provide increased procurement and business opportunities for Asian, Black, Hispanic and Native American-owned businesses of all sizes. It is one of the nation’s leading non-profit business membership organizations and serves as a direct link between corporate America and minority-owned businesses. The NMSDC network includes a national office in New York City and 39 regional councils across the country. There are 3,500 corporate members in the network, including America’s top publicly-owned, privately-owned and foreign-owned companies as well as universities, hospitals and other buying institutions. The regional councils certify and match more than 15,000 minority owned businesses with member corporations for the purchase of goods and services.
The BCF was founded in 1987 and provides access to working capital through its LGPP for the NMSDC’s certified minority-owned suppliers. BCF benefits the minority community by facilitating the growth and development of NMSDC certified minority-owned firms.
Don Kelin, President and CEO of CADDO stated, “I am excited that this partnership will allow CADDO to continue its phenomenal growth in the office products arena with Corporate America, Indian Nations and the Federal Government. In the midst of the national banking crisis, Solera stepped up with a creative banking package that will allow CADDO the opportunity to gain market share as we compete against the big boxes in our industry. With Solera National Bank as a partner we will be a competitive force in the marketplace.”
Mark J. Martinez, Regional President and Senior Lending Officer of Solera National Bank commented, “We are very pleased to have successfully completed a major financing package for a certified minority vendor of the RMMSDC. This financing will be a critical resource to CADDO as it looks to achieve its future growth objectives. It is the stated mission of Solera to provide financing to minority-owned firms in Colorado.”
Solera National Bank is a traditional, community commercial bank with a core-competency in understanding and servicing the culturally diverse and dynamic Hispanic market.

For more information, please contact:

Mr. Mark J. Martinez Mr. Michael C. Synn
Solera National Bank-Regional BCF Capital-Director of
President Sales and Marketing
Tel: 303-202-0931 Tel: 310-261-8832
Email: MMartinez@SoleraBank.com Email:

Solera National Bank, a wholly-owned subsidiary of Solera National Bancorp, Inc. (OTC Bulletin Board: SLRK), continued its commitment to financial literacy initiatives by announcing a partnership with Junior Achievement and Jefferson High School’s Advancement Via Individual Determination (AVID) Program. Solera National Bank’s branch manager will be teaching a weekly course on the fundamentals of financial responsibility and prioritization. AVID has a proven track record working with high school students to maximize their potential. The typical AVID student is the first in their family to attend college and many are from low-income or minority families. AVID provides challenging courses to prepare students for four-year college eligibility. Margarita Rodriguez-Corriere, Director of Hispanic Initiatives for Junior Achievement, stated, “We are thrilled to be working with Solera National Bank and collaborating our resources for the benefit of the local, underserved community. We are looking forward to preparing our students for the future, and developing them with a proven curriculum.” Solera National Bank is a traditional, community commercial bank with a core competency in servicing and understanding the culturally diverse and dynamic Hispanic market.
For more information, please contact: Mr. Douglas Crichfield Tel: 303-937-6429 Email: DCrichfield@SoleraBank.com “

Solera National Bank is sponsoring a comprehensive seven-week small business training course with national Hispanic advocate, Agnes Talamantez Carroll of Agnes Talamantez Carroll & Associates of Denver, Colorado. The course, taught only in Spanish, will focus on Latino small-business owners and will aim to educate and equip the participants with valuable tools and resources for scalable business success. The course will end with a graduation ceremony at Solera National Bank’s main office in Lakewood, Colorado.
In keeping with its mission to embrace and educate the diverse Hispanic market, Solera National Bank is proud to align itself with such a high caliber individual and curriculum. Agnes Talamantez Carroll has taught Latino business owners for 15 years and continues to empower them through continuously updated training modules.
Continuing the bank’s commitment to its grassroots approach to the Hispanic market, the course will be conducted and hosted at Centro San Juan Diego (CSJD), a unit of the Archdiocese of Denver. Founded in 2003, CSJD was created to empower Hispanic families affiliated with the Archdiocese of Denver through an extensive offering of educational topics and curriculums.
Agnes Talamantez Carroll stated, “I’m excited about this partnership between CSJD, Solera National Bank and my company. This partnership represents one of the strongest alliances in the country, with direct impact at a community level. We all have the same vision which can be summarized as bringing about the economic success of the Hispanic community through acculturation via education and training. We have unified to make it happen.”
Paul M. Ferguson, President & CEO of Solera National Bank, commented, “We are committed to partnering with companies like Agnes Talamantez Carroll & Associates to provide Hispanic business owners with contemporary, comprehensive business education classes that will help ensure their future success. I look forward to attending the graduation ceremony that will be held at Solera National Bank.”
Solera National Bank is a traditional, community commercial bank with a core competency in servicing and understanding the culturally diverse and dynamic Hispanic market.

For more information, please contact:

Mr. Paul M. Ferguson
Tel: 303-202-0934
Email: PFerguson@SoleraBank.com
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