LEND WITHOUT CREDIT-RISK FOR YOUR BANK
North End will post cash collateral for approved Borrowers. You book a loan on your documents secured by our cash, and begin to build a new client relationship
ITS YOUR CLIENT RELATIONSHIP
You are the only interface with the customer. We will underwrite and provide the guarantee, while you keep the accounts. We hope your bank will make the next loan after you see the performance.
We will provide a written approval or decline within 3 business days of application submission.
Generate non-interest income by making referrals. If you source a borrower that you do not want a relationship with, we will pay a referral fee for any successfully funded loan.
We can help you build new relationships with small business clients by meeting a challenging lending need
Customer arrives at
your branch with a
loan request that
you cannot approve
Your prospect completes and returns our 1 page application found here
We provide a written decision within three business days
We deposit cash collateral in your bank to secure the loan