Wallace has served as President of IDS Corp., for fourteen years.
IDS is an SBA licensed certified development company, based in Florida and providing 504 related services in several other states, including NY, TN, MD, KY and OH. Total 504 loans serviced are approximately $110MM.
He has been a member of the Board of Directors of the National Association of Government Guaranteed Lenders (NAGGL), the SBA lenders trade association, for fifteen years; and was also elected to the Board of Directors of the National Association of Development Companies in February 2016.
Wallace has published extensively in the RMA Journal and the Banking Law Journal on SBA related topics.
He has won SBA’s Financial Services Advocacy Award (FL) and the National Association of Development Companies (NADCO) McDowell Leadership Award.
He holds an MBA from the Crummer School of Business at Rollins College and a BA from the State University of New York and was a Foreign Scholarship Student at Peking University, PRC.