Candidate for At-Large Seat
CSRA Business Lending
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||Randy Griffin is President of CSRA Business Lending in Augusta, Georgia. He has been involved in the economic and community development and more particularly SBA lending for 28 years. CSRA Business Lending operates as a Certified Development Company of the U.S. Small Business Administration making SBA-504 loans in conjunction with banks throughout Georgia and also operates a $7.0 million dollar direct loan program called CSRA Direct targeted at making smaller loans up to $250,000 predominately in rural Georgia from excess revenues from CSRA’s 504 program excess revenues, grants from the Department of Commerce, and loans from the Department of Agriculture.
Randy was hired as the only company employee of CSRA in 1987 at the age of 24 when the company was facing decertification by SBA and closure. He increased loan production from two projects per year in 1987, to an average of forty-five (45) projects per year over the past five (5) years. CSRA has financed over $700 million in economic and community development projects throughout Georgia during his tenure. CSRA was selected as an Accredited Lender by the Small Business Administration in 1993, recognized as a model community loan program by the Federal Reserve in 1995, and was selected SBA’s Partner of the Year in Georgia in 2000. Randy was recognized by NADCO for his commitment to economic development and the CDC industry in 2010 and this past year Randy was selected Georgia’s Financial Services Champion of the Year by SBA during small business week.
Randy is a 1986 graduate of the Georgia Southern University College of Business where he majored in finance. He was a punter on Georgia Southern’s first football team in 1982.
Randy currently serves as Treasurer of the National Association of Development Companies, is a member of the Executive Committee, the Board of Managers of Development Company Funding, LLC (which oversees the monthly bond sales of SBA 504 debentures each month), the Leadership Division of the Georgia Bankers Association, and the Masters Tournament Committee. Randy has not shied away from service to the industry when called on, twice chairing the NADCO Annual Meeting and chairing the CSA committee during one of its most difficult tasks, the 2012 conversion of the SBA-504 servicing responsibility from Colson Services to Wells Fargo Corporate Trust Services.
He has been married to his wife Laurie for 27 years and has three boys Tyler, Ryan, and Seth. He has currently served two terms on the NADCO Board and is seeking election to a third term.