It has clearly been more difficult to find small business lending solutions through institutional financing channels since the onset of the financial crisis in 2008, and the tougher regulatory environment for these institutions has only made it harder for them to provide commercial loans. The average bank is challenged not only to retain and grow its loan portfolio, but to diversify it.
In this competitive environment it is extremely difficult to originate new business. As a result, business development via small business lending drains considerable resources from the bank. What happens after prospects your officers have been chasing turn out to be unqualified? After the investment of all that time and effort, is there nothing to be gained?
The Commercial Finance Group (CFG) can help your institutions achieve their commercial loan goals by increasing incremental fee income and building a future pipeline of solid credit deals. We build the confidence/trust of the financial partner and become a tool that they can use often in their sales process.
Contact us to learn more about how CFG can be your partner in small business lending.