About BLC

Business Loan Capital is filling a huge void in the small business lending market.  Our expertise in credit analysis and flexibility in common sense underwriting allows us to offer small business loan applicants greater access to capital. Our loan approvals vastly outpace those of traditional banking channels.

Fred Mills

President - CEO

Fred has 22+ years dedicated to commercial lending in both bank and non-bank lending capacities.
More about Fred
During his lending career Fred’s roles have ranged from Construction Management to Chief Lending Officer to President and CEO. During his extensive banking career he not only managed credit risk, but also helped move his bank from high to low delinquency and significantly reduced troubled asset ratios, while creating record profits. The range of business and credit skills gleaned from these experiences helped Fred develop two successful non-bank lending companies. Under Fred’s guidance, REM Capital Group, Inc. originated over $150MM in commercial real estate loans and SBA 504 transactions on a nationwide basis with an overall delinquency rate less than 2%. REM Capital Group also originated SBA 504 Interim Loans. Fred furthered that success by starting Business Loan Capital, Inc. With BLC he navigated and successfully participated in the SBA 504 First Mortgage Lien Pool Program. These programs along with BLC’s network of other Investors helped BLC produce total loan volume of $80MM during 2012 alone. With the ever-changing landscape of commercial lending, Fred continues to keep BLC moving forward by positioning the company to be a nationwide non-bank direct lender on SBA 504 1st Mortgages and interim loan transactions.  His efforts are intended to push BLC to become the #1 nationwide non-bank lender while maintaining the same core credit disciplines that have always guided the company. Email Fred

Freddie Mills

Vice President - Chief Financial Officer

Freddie graduated from UCSB with a degree in Economics.
More about Freddie
After graduating Freddie began working on the financial and accounting side of BLC. He learned first hand what was required to successfully manage funds and service loans. Today Freddie handles the day to day accounting along with the financing and servicing of our SBA 504 and Interim Loans. Email Freddie

David Manser

EVP – Director of Commercial Lending

David has a truly unique background that blends very significant experience in the areas of credit as well as business development.

More about David
David’s experience ranges from being a senior underwriter for a high volume 504 & 7a lender to acting as the Managing Partner for a consulting company that worked as an outsourced loan department for small community banks. David has successfully originated, analyzed, and underwritten a broad spectrum of commercial transactions including multi-purpose, hospitality, restaurant, start-up, construction, business acquisition, and equipment financing. The combination of deep credit knowledge and business development skills allows David to understand the needs of our clients, guiding our business development efforts with a keen eye towards the quality of credits generated. David also has experience in an asset based lending environment, which adds to his scope of lending knowledge, and has a degree in Economics and Management Science from the University of California, San Diego. Email David

Joseph Mills

Credit Analyst

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Carrie Beavers

VP - Loan Administrator

Carrie has been in the lending profession for over 25 years, working for both national and community banks.
More about Carrie
Carrie has experience in all facets of processing and closing of commercial real estate transactions and has been working closely with Fred Mills for the past 19 years.Carrie currently coordinates and facilitates all loan closings for Business Loan Capital.. Carrie’s extensive experience and dedication to this field makes her an indispensable part of the BLC team and the reason for BLC’s efficient closings. Email Carrie

Shannon Angelos

Vice President – Sr. Credit Analyst

Shannon is well versed with every level of the commercial lending process.

More about Shannon
With over 10 years in the industry, her experience has varied widely from business development and management to lending program implementation and marketing.  She has successfully cultivated relationships with all levels of participants in the industry and has a keen understanding of the skills and tasks required for each level of sourcing, underwriting and originating commercial real estate loans. Having experience in both the banking and private lending sectors, Shannon is able to effectively identify and promote Business Loan Capital’s value to mortgage bankers, brokers, real estate agents and small business owners alike. Email Shannon