As VP of Loan Servicing Operations at NEWITY, Mahogany Gault leads the comprehensive servicing of SBA 7(a) loans. With over 24 years of banking and finance experience, including 12 years specializing in SBA 7(a) loans, Mahogany ensures timely and accurate handling of payments, payoffs, deferments, and other post-closing needs while adhering to SBA guidelines.
Mahogany is dedicated to supporting small business owners by assisting with loan management post-closing, including adjusting payments based on cash flow and working with borrowers facing business challenges. Her goal is to ensure borrowers stay on track and avoid defaults, offering solutions that help business owners navigate financial challenges.
What excites Mahogany most is seeing the diverse range of businesses she helps grow and succeed. She values being part of a team that constantly seeks to improve processes, making it easier for small business owners to manage their financial obligations while focusing on running their businesses.
NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.
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