AVANA companies welcomes Chad Witcher as Chief Operating Officer of AVANA CUSO
Experienced commercial lending executive brings industry expertise to AVANA Companies
GLENDALE, AZ (October 5, 2023) — AVANA Companies (AVANA), a comprehensive lending and asset management ecosystem, welcomes Chad Witcher as the new Chief Operating Officer of its Credit Union Service Organization (CUSO). Witcher brings an impressive background in the financial industry and extensive leadership experience formulated over his 20-year career.
Witcher will combine his commercial lending and leadership experience to drive the expansion and execution of AVANA’s long-term goals in its lending practices. As a lifelong credit union member starting at age 10, Witcher understands the value of providing effective services to members.
As Chief Operating Officer, Witcher will develop new and innovative lending products and services, including the rebrand of the company’s CUSO designed to meet the evolving needs of credit unions and their members. Witcher’s focus within the CUSO will be growing the customer base of credit unions and implementing commercial real estate lending best practices.
“Chad’s wealth of experience in commercial real estate lending is poised to elevate our CUSO with a dynamic and forward-thinking perspective,” said Sundip Patel, Co-Founder and CEO of AVANA Companies. “His unwavering commitment to the credit union industry, combined with his extensive leadership experience, positions him as a valuable asset to the AVANA team.”
For the past twenty years, Witcher has worked for Zions Bank in various capacities, including his most recent role as Senior Vice President and Department Director of the National Real Estate Group for the past eight years. Witcher managed a team of as many as 70 employees, overseeing a portfolio as large as $3.6B. Throughout his career, Witcher has recognized the importance of cultivating a collaborative management style centered around building trusting relationships and working shoulder-to-shoulder with his team.
“AVANA’s mission statement is to create jobs, stimulate economies, and contribute to clean energy by putting people first and doing the right thing; which is ultimately what drew me to this position,” said Witcher. “AVANA’s entrepreneurial spirit allows me to be creative and innovative within my position to provide capital for a better tomorrow for our customers.”
To learn more visit www.avanacompanies.com.
About AVANA Companies
The
AVANA Family of Companies (AVANA) is dedicated to stimulating local economies and contributing to clean energy development across the United States. Founded in 2002 by brothers Sundip and Sanat Patel, Avana Companies is a family of lending platforms that serve entrepreneurs and investors. The company’s goal across the lending programs is to empower American small businesses by providing commercial real estate loans that are impactful and socially driven. For investors Avana Companies provides sound investment opportunities secured by real estate and driven by highly qualified sponsors. AVANA is headquartered in Arizona and serves small business owners and investors across the United States and globally. AVANA invests in the communities it serves, creating jobs, stimulating economic growth and contributing to sustainable projects. AVANA has recently been named to the 2021 Inc. 5000 List of America’s Fastest-Growing Private Companies. AVANA Capital, LLC is licensed in California under DBO license number 603K752 and in Arizona under CBK license number 0921662. To learn more, visit
www.avanacompanies.com or follow AVANA Companies on
LinkedIn.
