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Allied Capital Corporation Expands Into Atlanta.


WASHINGTON--(BUSINESS WIRE)--Jan. 19, 1999--Allied Capital Corporation (Nasdaq: ALLC ALLC Association for Literary and Linguistic Computing
ALLC Allied Capital Corporation (stock symbol)
ALLC Army Logistics Leadership Center (Red River Defense Complex, Texarkana, TX) 
) announced Tuesday that it has opened an office in Atlanta, Georgia.

Robert T. Goff will head the Atlanta office which will focus initially on generating SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 7(a) loans. Mr. Goff has been associated with Allied Capital for three years as a Regional Associate in the Southeast.

Mr. Goff has over 17 years of commercial lending experience in SBA 7(a) and commercial real estate loans. In time, it is expected that the company will fully staff the Atlanta office to generate loans in all of the company's product lines.

Bill Walton William Theodore Walton III, better known as Bill Walton (born November 5, 1952), is a former American basketball player and current television sportscaster. He is the father of current Los Angeles Lakers player Luke Walton. , Allied Capital's Chairman and Chief Executive Officer, commented, "The Southeast has proven to be a strong market for SBA 7(a) loans. Robert Goff's experience as an RA for Allied Capital in this region makes him the ideal individual to open our Atlanta office and begin to expand our Southeast presence. As usual, we will continue to approve all new credits in the Washington, DC office to maintain close scrutiny of our portfolio quality."

Robert Goff, who has been named a Vice President of Allied Capital, remarked, "I have had a solid business relationship with Allied Capital over the years and look forward to expanding Allied Capital's presence in the Southeast. I feel confident that with Allied Capital's strong credit culture and excellent reputation in the business community, we will be the leading provider of SBA 7(a) loans in the Southeast."

Allied Capital Corporation is a lender to private small and medium-sized businesses. For 40 years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 company has been dedicated to financing growing businesses nationwide. The company provides loans and investments ranging in size from $250,000 to $25 million in three areas: mezzanine finance, commercial real estate finance, and SBA 7(a) lending.

The company has offices in Washington DC, Chicago, Detroit, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Atlanta and Frankfurt, Germany. For more information, please contact Suzanne V. Sparrow, Principal, Investor Relations Investor relations

The process by which the corporation communicates with its investors.
, at 888/818-5298 or 202/973-6326.

The information contained in this press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions.

Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, and these factors are enumerated This term is often used in law as equivalent to mentioned specifically, designated, or expressly named or granted; as in speaking of enumerated governmental powers, items of property, or articles in a tariff schedule.  in the company's periodic filings with the Securities and Exchange Commission.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 19, 1999
Words:389
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