Press Releases
Extensia Financial Rebrands as AVANA CUSO
AVANA Companies has owned a majority stake in the business lending CUSO since 2020. Extensia Financial, a lending CUSO with a history dating back to the late 90s, now bears the name of its majority shareholder, AVANA Companies – it is now known as AVANA CUSO. “Through...
AVANA Companies Celebrates 20 Years of Supporting Small Business Owners
Peoria, Ariz. (November 17, 2022)— AVANA Companies (AVANA), a family of lending and investment platforms dedicated to supporting small businesses and preserving wealth, is celebrating 20 years of making a positive impact for and through their customers. Brothers...
AVANA Companies CEO Recognized by Phoenix Business Journal
Sundip Patel, CEO of Arizona-based financial company, selected as a most admired leader. Glendale, AZ (May 20, 2022) –AVANA Companies, a family of Environmental, Social and Governance (ESG) lending and investment platforms, is pleased to announce co-founder and CEO,...
AVANA Companies Recognized as a Finalist for Best FinTech Partnership for Cannabis Lending.
Glendale, AZ (April 20, 2022) – AVANA Companies , a family of ESG lending and investment platforms, was selected as a shortlisted finalist in the Best FinTech Partnership category of the Banking Tech Awards USA 2022 sponsored by FINTECH FUTURES, an industry-leading...
Want to support the people in Ukraine? Here’s how you can help
The situation in Ukraine has led to a humanitarian crisis that has forced civilians to flee their homes or take refuge in bomb shelters and subway stations throughout the country. As the world watches on TVs and smartphones, it's a natural thought to want to help in...
Extensia Financial Appoints New Leadership for Optimal Growth
Press Release | June 2021
Extensia Financial is pleased to welcome new members to its executive team who bring a wealth of knowledge and decades of experience in the credit union market. As one of the most seasoned Credit Union Service Organizations (CUSO) focused on commercial real estate, and bolstered by its recent investment from AVANA Companies…
Extensia Financial Announces Addition Of Extraordinary Talent And Leadership To Its New Board Of Directors
Press Release | February 2021
Extensia Financial has announced that Dimple Shah, Glenn Christensen, Jackie Buchanan, and Steve Coomes, all exceptional credit union and financial services thought leaders and influencers, will be joining the Board of Directors. As one of the most seasoned Credit Union Service Organizations (CUSO) focused on commercial real estate, and…
Extensia Financial Llc Announces Investment From Seasoned Commercial Lender Avana Companies
Press Release | November 2020
Extensia Financial LLC has a new majority shareholder: AVANA Capital (part of the AVANA Companies family). Since 2002, AVANA Capital, under CEO Sundip Patel, has enabled small- and medium-sized American businesses in niche industries to grow and…
Extensia Financial Surpasses All Of 2019 Funding In First Three Quarters Of 2020 With Over $137 Million In Participation Lending
Press Release | October 2020
Extensia Financial is making huge strides with the first three quarters of 2020, nearly surpassing all funding for the entire year of 2019 with more than $137 million in funding with twenty-seven individual participating credit unions.
Extensia Financial Welcomes Steven Ellsworth As New Vice President, Asset Management At Extensia!
Press Release | October 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO) announces and welcomes, Steven Ellsworth as their new VP, Asset Management, bringing his vast knowledge and abilities to the CUSO.
Extensia Financial Welcomes Jon Friestedt New Chief Credit Officer At Extensia!
Press Release | October 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO) is excited to announce and welcome, Jon Friestedt as their new Chief Credit Officer, bringing extensive experience and talent to the CUSO.
Extensia Financial Achieves Largest and Safest Month of Funding Since Covid: Over $34 Million
Press Release | August 2020
Extensia Financial made “new normal” company history in July with more than $34 million in funding while continuing to structure company-originated participation opportunities to be more conservative and responsive to the challenges of the current economic climate.
Extensia Financial announces staff realignment and promotion of employees in response to the continuing increase in loan production
Press Release | July 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO), is proud to announce staff realignments and the promotion of key staff in response to the increased commercial loan production during the first half of 2020. We congratulate these outstanding team members on their new positions and…
Extensia Financial Announces the Promotion of Key Tenured Employees!
Press Release | May 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO) is proud to announce the promotion of two key staff members whose efforts over their tenure with the company have prepared them to provide aid in the midst of a worldwide pandemic and compassion to those impacted by COVID19.
New CUNA Associate Business Member Announced: Extensia Financial
Press Release | May 2020
Credit Union National Association (CUNA) has announced Extensia Financial as the newest Associate Level CUNA Associate Business Members. These business advocates join in CUNA’s advocacy efforts to support, protect, unify and advance the credit union movement. Newly announced associate level members include:
The 2020 Credit Union Youth Month Collection of Resources
Press Release | April 2020
It is hard to believe that May is upon us. In April, we witnessed some of the most inspiring acts of kindness and selflessness that our world has ever seen but the month of April also brought with it tremendous uncertainty, loss and sadness. Our industry has come together like never before and through the heartache we have seen hundreds of thousands of people working together to…
Extensia Financial rolls out new Community Involvement Program
Press Release | April 2020
Extensia Financial rolls out new Community Involvement Program, allowing employees the opportunity to give back to their communities in a meaningful way. Extensia Financial Employees will be able to use up to eight hours of paid volunteer time each quarter to support nonprofits. The timing of implementing this program is a coincidence, however during the current pandemic…
Extensia Financial Welcomes Elizabeth Tibaduiza CRE Senior Loan Processor Representing the East Coast!
Press Release | April 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO) is proud to announce and welcome Florida resident, Elizabeth Tibaduiza as CRE Senior Loan Processor expanding Extensia Financial’s East Coast representation by the CUSO. As Elizabeth joins our team, Extensia will continue to grow and bring new and exciting lending opportunities to their credit union partners.
“Extensia helps our company take out new loans, refinance existing loans, and even modify an interest rate to a more competitive level.”