Quaint Oak Bank Receives SBA Preferred Lender Program Designation [Yahoo! Finance]
QUAINT OAK BANCORP INC (QNTO)
NASDAQ:AMEX Investor Relations:
quaintoak.com/investors
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Source: Yahoo! Finance
The PLP designation enables Quaint Oak Bank to streamline the SBA loan approval process, providing customers with greater speed and certainty in securing financing. As a PLP lender, the established financial institution is authorized to make unilateral approvals on SBA-guaranteed loans. “Our long-standing track record of successful SBA lending has culminated in this recognition,” said Steven Willard , SBA Team Leader and Commercial Relationship Manager. “We are committed to offering the best possible service to our customers and believe that this new designation will enhance our ability to do so.” With the SBA's backing, Quaint Oak Bank can offer flexible financing options to businesses that may not qualify for conventional loans, including those lacking collateral or with projected rather than historical cash flow. This program is particularly beneficial for startups, business acquisitions, and companies experiencing rapid growth. For more information about Quaint Oak Bank's S
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News
- QUAINT OAK BANCORP, INC. ANNOUNCES THIRD QUARTER EARNINGS [Yahoo! Finance]Yahoo! Finance
- QUAINT OAK BANCORP, INC. ANNOUNCES THIRD QUARTER EARNINGSGlobeNewswire
- Quaint Oak Bancorp, Inc. Declares Quarterly Cash DividendGlobeNewswire
- Quaint Oak Bank Receives SBA Preferred Lender Program DesignationGlobeNewswire
QNTO
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K/A
- 10/31/24 - Form 8-K
- QNTO's page on the SEC website