Savannah, Georgia, January 2023 – Small Business Assistance Corporation (SBAC) would like to acknowledge the retirement and tireless work of its first-ever Vice President, Stephen George. George started working at SBAC in December 1989 following his time with the City of Savannah as the Downtown Services Specialist. Throughout his 32 years of service, George assisted in the starting and expansion of thousands of businesses in Savannah, Georgia, and its surrounding areas. George has been one of the core pillars of SBAC and the second person in SBAC’s history to retire. He will always be remembered for his work and contribution to the small business community as well as his love for Louisiana State University (LSU).
Taking on the new role as leader of SBAC’s Production Department is Wendy Jeffers. Jeffers accepted the promotion to Director of Lending, after working with SBAC as the Senior Loan Officer for 13 years. Her experience dominates in the SBA 504 program, financing commercial real estate loans in conjunction with local banks. Jeffers’ strong reputation of expertise, diligence, and character will infuse great traction in the processing and lending of SBAC’s extensive array of small business loans.
SBAC has also promoted its Chief Financial Officer (CFO), Victoria Saxton to Chief Operating Officer (COO). Saxton has worked with SBAC for eight years, excelling as an accountant, controller, and CFO while achieving accompanying strategic management responsibilities. With the additional title of COO, Saxton will manage the daily business operations and execute SBAC’s strategic business plan.
Established in 1989, Small Business Assistance Corporation (SBAC) is a non-profit lender that provides financing support for small businesses. We are a Community Development Financial Institution (CDFI) and offer a variety of loans through SBA, USDA, the State of Georgia, and the City of Savannah.