Banks
Commercial Lending Corporation™ (CLC) has been a Bank
net branch and worked with Banking institutions in a complementary
fashion nationally since 1997.
Banks realize that although they may have a quality deposit
relationship with a customer, that customer may not meet its lending criteria.
However, a simple rejection of a loan request could endanger its deposit
relationship. Consequently, bankers often find it necessary to function as a
solution provider for that customer.
That’s where CLC can step in.
CLC provides a non-competitive solution, allowing a Bank to
maintain and even enhance its deposit relationship, while "outsourcing" the
customer's short-term funding needs to CLC.
Benefits of the CLC solution for Banks include:
• The bank provides a solution, not just a "no" response
• The bank maintains its customer base and improves its deposit relationships;
CLC does not take the customer away from the Bank
• The bank sees increased average daily balances as CLC funds are deposited with
the Bank
• When the bank's customer becomes creditworthy in accordance with the bank's
lending criteria, the customer returns to the Bank for funding because of their
strong pre-existing relationship.
|