In-Brief

Sun West Mortgage opens new Guaynabo headquarters

Sun West CEO Pavan Agarwal Sun West CEO Pavan Agarwal

After four years of having successfully established itself on the island, mortgage finance company Sun West Mortgage Company inaugurated Wednesday its new expanded headquarters in Guaynabo’s Maramar Square, from where it will collaborate with offices in the U.S. mainland and the U.S. Virgin Islands.

This growth is the result of an “ambitious economic development plan,” which led to the expansion of the company’s offices and resulted in the creation of jobs, and the export of financial and customer services to the 48 contiguous states where Sun West does business, the bank’s CEO, Pavan Agarwal, said.

“We’re extremely proud to work hand in hand with an excellent team here in Puerto Rico. The quality of the work, experience and talent of our professional team results in personal attention given to each one of our clients,” Agarwal said.

“With the opening of our offices in Guaynabo, Sun West continues to set the foundation for the strengthening of Puerto Rico’s mortgage industry. Our track record of 35 years brings to the island the experience needed to efficiently serve the needs of our customers, create more than 100 jobs and expand our our services to support the U.S. mainland from Puerto Rico,” he said.

Meanwhile, Luis Raúl Padilla, executive vice-president of retail for the U.S. mainland and Puerto Rico, said Sun West “is commited to a global economic growth for the nation from Puerto Rico. That is why our CEO, Pavan, pledged two years ago to use Puerto Rico as a partner to expand the business. We’re extremely pleased with the results we have achieved today.”

Author Details
Business reporter with 25 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other areas of the economy.

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