Sunnie S. Kim
As I look back on the growth of Hana Financial, Inc., I am extremely proud of what we have accomplished since our inception in 1994. We have successfully transformed ourselves from a local start-up, primarily serving a niche market of Southern California, to a nationwide firm garnering businesses from all across the nation. For the past 20 years, Hana’s factoring volume has steadily increased, now making it one of the top seven factoring companies in the country. Despite the most challenging economic environment ever, our factoring division continues to increase its volume.
We became one of the nine U.S. members of Factors Chain International (FCI) in 2004 to serve our clients’ international factoring needs, and are currently devising an innovative international factoring program to accommodate the needs of our overseas clients. In recent years, we have launched new financial products such as Small Business Administration (SBA) loans, home mortgage loans, and wealth management services. While we have enjoyed success in all three areas, our SBA lending has been especially promising. We are one of the major SBA lenders in the country with loan production offices (LPOs) all across the U.S.A.
With this expansion, Hana Financial is now a fully diversified financial services company. These new products add profits while minimizing our risks. We are now stronger financially and more competitive in the market place. Our commitment to our clients is the most important component in empowering them to succeed. Moving forward, I am confident that we are well poised to deliver value to our clients, profits to our shareholders, and satisfaction from our highly trained staff. Hana has one of the most dedicated and hardworking financial teams of any in our industry. They understand our clients’ needs and empower them to achieve their goals. This commitment will enhance our competitiveness now and in the future.