NBEDC Names Senior Lending Officer

Executive Director Matthew A. Morrissey announced the appointment of Ramon Silva to serve as Senior Lending Officer of the New Bedford Economic Development Council. Mr. Silva joined the staff January 14th.
With 12 years of experience in residential and commercial mortgage lending, Mr. Silva brings a full range of lending skills that will enable him to continue the NBEDC’s successful lending program. Given his on-the-ground business-to-business sales experience and first hand knowledge of small business development opportunities and growth, Mr. Silva will assist in the implementation of a more strategic direction to the NBEDC’s lending program.
“We are excited to welcome Ramon to our team. His experience and perspective will add to the strategic momentum of the organization,” said Mr. Morrissey. “Ramon will be working closely with the NBEDC finance and loan committees and our banking partners to execute our lending services that support business development and expansion in the City of New Bedford.”
The NBEDC portfolio of lending products includes but is not limited to: Entrepreneurial Loan Fund, Brownfield Clean Up Revolving Loan Fund, Fishing Assistance Loan Fund, and a Community Loan Fund. Additionally, the organization is a Micro-Loan lender for the U.S. Small Business Administration.
Mr. Silva was most recently employed as an account executive and commercial loan broker in the field of real estate and equipment finance. He is a graduate of Williams College, a former U.S. Marine and resident of the City of New Bedford.
New Directions, Interim Senior Lending Offer, Barbara Grunkemeyer, and Peter Selley, chair of the NBEDC loan committee, assisted in various ways in the interview process.