John is co-founder and President of Chesapeake Business Finance
Corp. He has made hundreds of SBA 504 loans in Maryland, Pennsylvania, and New Jersey.
Previously he was Senior Director of the National Development Council where for
10 years he managed staffers in five cities who helped finance over $2 billion
of business and property development projects in twenty eastern states using
private and government financing sources. He was an officer and ten-year board
member of the National Council for Urban Economic Development (now
International Economic Development Council) where he co-chaired the Small
Business Finance Specialty Committee. In the late 1970s he was the primary
creator of SBA's section 503-504 loan program and in 1981 he was the founder
and first President of the National Association of Development Companies
(NADCO) - the trade association. In 1993 he was elected to NADCO's "hall
of fame" for his role in creating the 504 program.
He has other commercial, mortgage and investment banking
experience, He has a MBA in Finance from the University of Michigan and a BA in
Economics from Lawrence University in Wisconsin.
Tom is a member of the business development team and has 14 years of
experience marketing the 504 loan program and processing 504 loans in Maryland,
Northern Virginia, and DC. He works with business owners, bankers, small
business development centers, brokers and others on a wide variety of types of
SBA 504 loans. He has 20 years previous experience as a small business owner
and consultant, and he has both Bachelor and Master’s degrees from the
University of Maryland.