You are able to find loan solutions for your bank customers with help from Commercial Lending Corporation (CLC). With today’s financial markets, it can be difficult to tell a customer, who has been doing business with your bank for a long time, that you are unable to approve their commercial loan. Any time you deny a loan request from a customer, you run the risk of losing their business to one of your competitors. Rather than turning your customers down, you are able to turn your bank into a solution provider and offer more lending options.
The benefits of Commercial Lending Corporation’s solutions for your bank customers gives you the flexibility to decide what loans you want to underwrite, and others you want to refer to CLC for assistance in getting approved. Rather than just denying a loan, you are able to offer your customer other viable options. As a result, you are able to maintain your preexisting relationships with your customers and reduce the risks of losing their business to your competitors. Further, you have the ability to increase your potential revenues and profits by utilizing referral or mortgage broker relationships directly with CLC.
The reason CLC is able to approve and underwrite commercial loans, when you do not want to, is due to their extensive network of financial partners. CLC provides a non-competitive solution for your bank by allowing you to outsource your customer’s commercial lending needs. In addition, they have direct access to private placement programs for your customers who are seeking private investing solutions.
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