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Southeastern Direct Lending
Serves as a direct lending source for companies in the start up, growth, or turnaround stages. We provide accounts receivable and inventory lines of credit to small and medium sized companies. Each of these customers has a real opportunity to graduate to a traditional banking relationship. Over the past five years we have handed over in excess of $8 million in profitable, performing loans to our banking partners.
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Southeastern Guaranteed Bank Participation Program
Allows our banking associates to offer working capital lines of credit on a fully guaranteed basis at no risk to the bank. Returns to our banking associates on the participated portion of these loans average prime plus 3%. To date the Guaranteed Bank Participation Program has sent over one million dollars directly to the bottom line of banks throughout the Southeast, with no risk to their shareholders.
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Southeastern Credit Services
Provides our banking associates with loan monitoring, auditing, and troubled credit evaluation. This program has allowed banks greater control over their commercial loan portfolios, improved credit quality and allowed them to be truly competitive with many larger banking institutions in a secure, highly profitable commercial loan niche. |
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