F. Paul Vellano, Jr. named to the Board of Trustees of the Greater Syracuse Business Development Corporation
The Greater Syracuse Business Development Corporation (GSBDC) provides non-conventional funding in the form of long-term loans with fixed interest rates and low down payments to small businesses throughout New York. The loans support fixed asset projects and provide working capital for a wide range of businesses, which create jobs and wealth in the region.
F. Paul Vellano, Jr. is a member of the firm’s Board of Directors and serves as Secretary and Treasurer of the firm. He also manages the Banking Law and Commercial Transactions practice groups. Mr. Vellano’s banking practice includes commercial loan closings, loan documentation and restructuring, property purchase and sale, bank branch formation and general regulatory and compliance issues.
A frequent lecturer before numerous banking groups and the National Business Institute, Mr. Vellano has presented topics including loan and deposit documentation, loan closings and structuring, loan workouts, lender liability planning and collection methods and strategies. He is a co-author of “Enforcing Judgments and Collecting Debts in New York.”
