Topic: Access to Capital
Access to Capital will deliver a robust panel discussion on government-sponsored financing programs that Rockville businesses should take into consideration. Through the discussion, financing information and insights will be identified to help businesses as they seek sustainability and growth.
As an emerging small to mid-sized business, sustaining and growing your product or service depends on many factors. Earlier in the Good Morning Rockville series, business owners learned the importance of establishing solid professional relationships with lawyers, accountants, insurers, and bankers. Business owners further gained valuable insights on how local economic development agencies can positively affect the business community.
Join us as Access to Capital provides important, alternative financing options to businesses.
Cliff Ty is a financial services representative with MassMutual Capitol District. He has worked extensively in Chicago, Boston and Washington, DC structuring multi-million-dollar corporate financings, lending to high net worth corporate clients, settling billion-dollar securities and trades, and analyzing target markets for mergers and acquisitions. He has an MBA from Boston University as well as completed an extensive, year-long credit training program.
When not attending to his clients’ needs of accomplishing their financial objectives, he can usually be found hiking a tall peak or the Appalachian Trail; sailing the Chesapeake; or supporting his daughter in Girl Scouts, soccer, and theater. Cliff lives in Potomac, Maryland.
Grier Melick is a business consultant for the Small Business Development Center. Grier's specialties are capital budgeting and financial planning. Whether your lean startup needs to create a budget or your established company is looking to grow and expand, Grier can assist you in taking your business to the next level.
Grier grew up working for his parents manufacturing business, helping it to grow and expand; and is still active in the business today. He currently sits on the company's advisory board and acts as its treasurer. Grier has helped start and grow businesses from rural Pennsylvania to Palo Alto and stays active in the business and financial communities.
Grier holds a bachelor's degree in Business Administration with a focus in entrepreneurship from Stevenson University and a Master's of Finance from Johns Hopkins Carey Business School.
Roderick L. Johnson
Roderick L. Johnson is a native Washingtonian and comes to the SBA with over 30 years of commercial banking experience. Throughout his career, he has used the SBA 7(A) and 504 programs to stimulate the economy in the DMV. He is also a licensed insurance sales professional (life, health, long-term care and annuities) as well as property and casualty (personal home and auto, commercial general liability, workers compensation and employer's liability, property coverage, errors and omissions and umbrella/directors & officers insurance).
Roderick serves on several Not-for-Profit boards and has been a panelist or key note speaker at various access to capital events. He holds a Bachelors of Science Degree in Business Administration and a Masters of Science Degree in Financial Management.
His current position at the SBA is a Lender Relations/Small Business Development Center Project Officer in the Washington, D.C. Metropolitan Area District Office.
Jason Paisley is a Vice President and Loan Officer for Business Finance Group Inc. with over 19 years of SBA 504 lending and underwriting experience. He is responsible for administering the loan application process for small businesses throughout Virginia, Maryland, and the District of Columbia. He is able to leverage experience in commercial lending to offer high levels of lending support to clients and lending partners alike. Jason regularly interfaces with bank officers and small business owners of various sized businesses, facilitating the 504-loan program.
Jason graduated from the College of William and Mary with a Bachelor of Business Administration in Finance. Jason is a Certified Public Accountant (CPA), a member of the Virginia Society of Certified Public Accountants, and serves on the Board of the Risk Management Association, Potomac Chapter and Regional Carolinas-Virginias Chapter.
Business Finance Group is a private, non-profit Certified Development Company (CDC). Business Finance Group specializes in the 504-loan program, an economic development financing program of the U.S. Small Business Administration. Business Finance Group has an active portfolio approximately $500 million and since inception, the Company has assisted over 2,800 small businesses finance over $4.1 billion dollars in projects. As a result of expansions financed with the 504 program, small businesses have created or retained more than 36,000 jobs as well as increased tax revenues to the various states, local and federal governments. Additionally, the Company has a strong track record of assisting minority, veteran and woman owned businesses as well as rural business throughout the Commonwealth of Virginia, the District of Columbia, the State of Maryland, and four counties in West Virginia.
Business Development Manager, Maryland Department of Housing and Community Development
Todd managed the Division of Credit Assurance’s Multifamily Asset Management Team. The team monitored the Maryland Department of Housing’s physical and financial condition of 565 Multifamily rental housing properties (46,000 units) for low income tenants (families, veterans, elderly and disabled) throughout the State of Maryland.
In his current role, Todd is the Business Development Manager, at the State of Maryland Department of Housing and Community Development. Todd promotes lending through the Neighborhood Business Works Loan Program (NBW).
Todd earned a Bachelor of Science degree from Morgan State University. His passion is mentoring young men. Todd and his wife have three sons but he knows the importance of giving back by mentoring young men in the inner city of Baltimore where he was born and raised.