Experience the VITAL Difference

We are experts in a specific area of commercial lending: financing businesses and community projects with SBA and USDA loans. With this sole focus, our knowledge is deep, and we can solve credit needs that range from simple to highly complex. Over the years, we have cultivated expertise in commercial and industrial lending verticals that include manufacturing, heavy construction, contractors, renewable energy, land improvement, mining, wholesale, transportation, and distribution and export.

 

Our approach is driven by best practices, and our processes are supported with advanced tools. Our goal is make the experience streamlined, effective, and beneficial for our clients.

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For lenders, we are a comprehensive SBA/USDA resource that sources, underwrites, closes, and services loans – with no fixed costs.

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For business borrowers, we create customized credit solutions that are best for the health and success of your business.

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For rural communities and nonprofits, we help finance projects that inject vitality into your towns and improve quality of life.

Meet the VITAL Leadership Team

Mike Slater

Mike Slater

President

Mike Slater is the president of VITAL Financial Services, a trusted lender service provider (LSP) to community banks. VITAL has deep experience with custom credit solutions that utilize SBA and USDA loans, successfully guiding lenders and borrowers through effective, efficient, and profitable lending strategies. During his more than 30 years in financial services, he has developed expertise financing commercial and industrial (C&I) businesses.

 

Mike has helped community banks finance more than $400 million in commercial and public projects that inject vitality into local communities. He is a recognized resource for complex and strategic credit solutions, and is a frequent presenter around the Midwest on SBA, USDA, and C&I lending topics. 

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Jessica Marsh

Jessica Marsh

Senior SBA Credit Specialist

jessica.marsh@vitalfs.com 319-874-4215 Read Jessica's Bio
Jessica Marsh

Jessica Marsh

Senior SBA Credit Specialist

Jessica uses her excellent project management skills to coordinate efforts between VITAL, lenders, and borrowers and gather, organize, and analyze loan data. She keeps all parties abreast of progress, eliminating bottlenecks and keeping the process running smoothly. She helps ensure that every loan complies with current SBA and USDA guidelines.

Prior to joining VITAL, Jessica was a small business owner in downtown Cedar Falls, Iowa for 13 years, and a small business consultant for five years. She has a degree in finance and real estate.

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Nick Vonderhaar

Nick Vonderhaar

SBA Credit Specialist

Nick.Vonderhaar@vitalfs.com 319-874-4236 Read Nick's Bio
Nick Vonderhaar

Nick Vonderhaar

SBA Credit Specialist

Nick employs top-notch communication and logistical skills to guide lenders and borrowers through the SBA loan processes. He keeps all parties on track; gathering loan data, organizing documentation and facilitating application approvals by the SBA. He brings a fresh perspective and enthusiastic attitude to every project. Nick graduated from the University of Northern Iowa with a degree in Financial Management and Real Estate.

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Amy Laue

Amy Laue

Operations Manager

A banking veteran with nearly 20 years’ experience – 10 in commercial lending – Amy provides expertise to VITAL clients to properly close and document guaranteed loans. She guides clients from approval to closing, discussing each item in the loan authorization and submitting any amendments requested. She is certified with Coleman as an SBA 7(a) Loan Closer, and her attention to detail and thoroughness help ensure the validity of the loan guarantee is always protected. Amy places a top priority on customer service, organization, and communication and is there to help VITAL clients every step of the way.

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Marcia Woebbeking

Marcia Woebbeking

SBA Servicing Specialist

marcia.woebbeking@vitalfs.com 319-874-4235 Read Marcia's Bio
Marcia Woebbeking

Marcia Woebbeking

SBA Servicing Specialist

Marcia’s attention to detail and responsiveness, coupled with her previous work for community lending institutions, means she knows how to make loan servicing a top-notch experience for VITAL clients. She works with VITAL’s lenders to process and split payments and answer servicing questions. Marcia prepares monthly reports to the SBA, and acts as a liaison between lenders, Colson Services Corporation, and the SBA and USDA for any needed servicing requests or transcript reconciliations. She also maintains servicing files with complete and accurate transaction history for all serviced loans.

Prior to joining VITAL, Marcia was a consumer loan officer with a credit union, and worked in 401k administration for a financial services company. She has a bachelor’s degree in Business Administration and Finance from Upper Iowa University.

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John Thomas

John Thomas

SBA Credit Specialist

john.thomas@vitalfs.com 319-874-4238 Read John's Bio
John Thomas

John Thomas

SBA Credit Specialist

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Kristy Conkity

Kristy Conkity

SBA Credit Specialist

kristy.conkity@vitalfs.com 319-874-4214 Read Kristy's Bio
Kristy Conkity

Kristy Conkity

SBA Credit Specialist

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VITAL In The News

Principles of Effective Small Business Financial Management

(SlideShare) -- Greater Des Moines Partnership 2019 Small Business Success Summit

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The Small Business Lending Tool Every Community Bank Needs

Bank BUSINESS Magazine

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Make C&I Your Commercial Lending Focus for 2019

BankNotes Magazine, Community Bankers Association of Illinois

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Funding Strategic Growth for Advanced Manufacturers

(SlideShare) - Iowa Association of Business & Industry Advanced Manufacturing Conference

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Ag Business Given Future Potential with SBA Loan

Ag Banking Magazine

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Need Business Financing? Here's Four Numbers You Should Know

Iowa Association of Business & Industry

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The SBA Loan Programs You May Not Know Exist

Michigan News Network

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Firms Find Growth in SBA Loan Services

Des Moines Business Record

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