OED Director Named to Board of Directors for Business Finance Group

Business Finance Group, Inc. (BFG) is pleased to announce the addition of Helen Propheter, Director, Frederick County, MD Office of Economic Development, to its Board of Directors.  Propheter is a veteran in economic development circles, with over 25 years’ experience.  She currently leads a team of economic development and workforce development personnel in Frederick County and created the County Executive’s Business and Industry Cabinet. Ms. Propheter is a board member of the Frederick Innovation and Technology Center, Inc., the Frederick County Higher Education Commission, the Frederick County Workforce Development Board, the Frederick Downtown Partnership and the Maryland Economic Development Association Membership Committee.

BFG President Rick Frank stated “Business Finance Group is delighted to have Helen Propheter join our Board of Directors.  Her industry expertise and market knowledge will be invaluable in providing guidance to Business Finance Group in its mission of assisting small businesses to expand and create jobs”.

Business Finance Group is a Certified Development Company chartered by the U.S. Small Business Administration with the mission of partnering with traditional lenders such as banks and credit unions to make long-term fixed rate commercial mortgages and equipment loans to owner-occupied small businesses through the SBA 504 loan program to spur job growth and economic development.  Headquartered in Fairfax, VA with offices in Gambrills, MD, Washington, DC, Richmond, VA and Hedgesville, WV.  BFG is the largest SBA 504 lender in the Mid-Atlantic region.  BFG also offers small working capital loans through other SBA loan programs up to $250,000.00.

Business Finance Group has assisted over 2,800 small businesses to finance over $3.2 billion in projects resulting in the creation of over 28,000 jobs.  For more information, visit http://businessfinancegroup.org.