Stacy Farrell | Rhode Island Commerce

STACY FARRELL

Financial Portfolio Manager/Credit Analyst

Stacy serves as the Portfolio Manager providing analytical, operational, and credit administrative support to the lending and portfolio group in conformance with established lending department and agency policies. She helps to analyze the creditworthiness of commercial loan/guarantee applicants, helps with loan approval write-ups and annual loan reviews, and make recommendations regarding new loan structures as well as loan restructuring of underperforming borrower’s loans. Stacy also provides administrative support for all finance programs of the corporation, including coordination of all incoming loan/bond requests for the Small Business Loan Fund Corporation (SBLFC), Rhode Island Industrial Recreational Building Authority (IRBA), Rhode Island Industrial Facilities Corporation (RIIFC), the Commerce Corporation and the State Small Business Credit Initiative (SSBCI).

Professional Background

Stacy joined the corporation in 2010 to help assist with streamlining and simplifying the application process across the financial programs. She has held a variety of positions in finance and banking, from leading a team of credit analysts underwriting loans through SBA’s 7(a) and USDA programs to supervising the operations and tellers at branches of local community banks.

 

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