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How We Help Banks
Specialty Capital Group, Inc.
assists banks, lending institutions, wealth management firms,
and loan brokers. We have the flexibility and creativity to
help other institutions in funding loans. There are many
quality loan requests that may not fit your loan portfolio.
As a bank you may have loan
requests for a goodwill based business that has minimal hard
assets or collateral.
Example: A dentist may
request $900,000 to buy a practice or to refinance their
current practice debt. The asset and collateral value is
approximately $200,000. This type of loan usually does not fit
a bank portfolio. By using lending based on the cash flow, we
view the value of the goodwill as the collateral, versus
using the hard assets as collateral.
How does this help a bank?
The above example is your banking client and you are unable to
approve the loan. This client has their personal loans, trust
and investment accounts with your bank. From a relationship
position, how can you best assist your client? Rather than
simply declining their loan request, could you protect and
enhance this relationship by assisting them in completing the
loan request?
This is where we help banks.
By calling us for a brief discussion, we can share with you
how we might help your client to complete their request. You
can then share with your client that you have a relationship
with a firm that helps the bank with this type of transaction.
You have now helped your client and strengthened your banking
relationship. Please note that we do not seek or have the
ability to provide the banking products as you currently
provide to your client. Therefore we would never interrupt
your current banking relationship with your client.
There is no time or activity
required by the bank for this service. The objective is to
handle this for you so you can move to your next transaction
or client.
Also, this service can be a
profit center for your bank. Please contact us for details
on our Profit Sharing Program.
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