COLUMBUS, Ohio– Telhio Credit Union has been designated a Top Ten 7a Lender in the Columbus District by the U.S. Small Business Administration.
Telhio CU said the recognition returns it for a third consecutive year, reinforcing the accessible and competitive financing options of its business division.
For Fiscal Year 2023, the Columbus District Office of the SBA recognized the top ten lenders based on the number of approved loans, with Telhio Credit Union ranking number three overall.
“Notably, Telhio was the only credit union within the top three lenders. These loans were provided to borrowers with business addresses across central Ohio that make up the Columbus District,” the credit union said.
"Small businesses are the backbone of our local economies," said CEO Derrick Bailey. “We take pride in watching them succeed and feel honored to serve the entrepreneurs and small business owners who are driving economic progress in our communities."
The Telhio Business Services Division is responsible for developing and implementing lending strategies, managing loan portfolios, and ensuring compliance with all relevant regulations. Telhio Credit Union remains committed to providing exceptional financial services and support to small businesses, reinforcing its role as a key partner in fostering economic development and community growth.
“As the SBA Columbus District Office's third largest lender by number of loans, Telhio is consistently at the top of the district's list of high-performing lenders,” said SBA District Director Everett M. Woodel Jr. "We value our relationship with Telhio and are proud of the amazing work they are doing.”