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Sanford (Sandy) Mortan joined New England Certified Development Corporation/BDC Capital (NECDC) in January 2015 after relocating from New Jersey to Connecticut. He is currently responsible for closing and servicing loans in CT, RI and MA with a portfolio of 458 loans with an outstanding balance of approximately $222 million.
Prior to joining NECDC, Sandy was First Vice President at New Jersey Business Finance Corp. where he managed the servicing, closing and day-to-day operations of the CDC. His SBA 504 career began at Harris Trust Company of New York, the original trustee and paying agent for the 504 program. Following Harris Trust, he served as Operations Director at Colson Services Corp., the 504 Central Servicing Agent. While at Colson, Sandy managed the day-to-day 504 processing operation, provided support to SBA, NADCO, CDCs and the SBA 504 loan program, as well as participated in all NADCO, SBA and regional conferences and training.
Currently an instructor for the NADCO portfolio management classes and an active member of the Regulatory and CSA Committees, Sandy has served on and/or chaired various other NADCO committees including servicing, closing, CSA and the annual and regional meeting committees.
Sandy is a veteran of the U. S. Army, and a member of the VFW and American Legion organizations.