Barbara Arena, Granite State Development Corp

Barbara Arena, Granite State Development Corp

Barbara has been Vice President at Granite State Development Corporation since December 2010. GSDC is New England’s largest participant in the Small Business Administration (SBA) 504 loan program and #4 Nationally.

Barbara is responsible for developing business primarily in Massachusetts but is also authorized to work on projects in Maine, New Hampshire and Vermont. She brings 25 years of SBA lending experience, including a variety of other credit enhancement loan programs. She has extensive experience in structuring financing, particularly for complex transactions. Prior to joining GSDC she was with CIT Small Business Lending for 16 years and led a team of 12 sales people throughout the Northeast and managed franchise relationships including Dunkin Brands.

Barbara is involved in many organizations including:

  • National Association of Government Guaranteed Lenders (NAGGL), serving as the Regional Chairperson for the past 3 years
  • New England Franchise Association (NEFA), Past Board Member and Treasurer
  • New England Business Brokers Association (NEBBA), Board Member and recently nominated Vice President for 2012
  • Realtor’s Commercial Alliance of Massachusetts (RCA-MA),  Affiliate Board Member
  • Plymouth Chamber of Commerce, Member