Ways to Grow and Profit: MBL & SBA Lending
Credit unions across the country are turning to member
business lending as a great way to expand their product
line and increase profits. How many of your members are
small business owners? How many small businesses are
in your community? Now’s the time to take advantage of
the profitable business lending market. You’ll help
members’ small businesses – and your credit union.
If you’re an experienced lender looking to add Member
Business Lending to your product mix or starting from
the ground up, JRB can get you up to speed and start
adding profits to your bottom line. We can help you
establish a complete in-house business lending program
to meet your goals by addressing licensing, policy
development, staff training, technical support, marketing,
workflow and efficiency – and more. Our services are
designed to meet your needs. Contact JRB
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Licensing
JRB assists credit unions that are pursuing SBA licensing.
We have helped many credit unions make sense of the
process, and we understand the special needs of credit
unions in this area. If you’re having trouble getting
approval, or don't know what is required, contact us.
We can assist with policy development, compiling the
necessary documentation and completing your
application so it gets approved – the first time.
SBA Policy Development
Your credit union has a culture all its own. JRB respects
that and can assist you in formulating member
businesses lending policy compatible with your lending
culture that will also satisfy the SBA's requirements. JRB
can help your credit union lay the foundation for a
stable loan portfolio by ensuring that your policies
encourage safe and sensible loan approvals.
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CUSO Assistance
If you’re considering starting a CUSO, or are already a
partner in one that is experiencing less than ideal
growth, contact us. We’re experienced in all aspects of
building business lending CUSOs and can provide your
CUSO with the same high-level service we provide for
individual credit unions.
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