Financial Institutions

financial

Community Banks/Financial Institutions
Credit Unions 

Instead of a community bank/financial institution hiring a team of (SBA) and USDA experts you can contact Nations to provide these services to your bank for a fraction of the costs.

We can provide some loan production, UUSA experts, structure loans, complete full applications, pre-applications and review loan closing documentation and processes for your bank. Nations will work with financial institutions like community banks in certain designated market areas so that our services will not overlap in other member bank’s market area. We strive to protect each market area for our Member Banks.

Bank Services

As a bank consultant, we provide services to offer financial institutions who want to expand their commercial loan portfolio with “less risky” government guaranteed loans. This type of lending can:

· Increase fee income (secondary market fees)
· Increase interest income
· Increase your commercial loan portfolio with less risk
· Increase commercial customer base
· Increase commercial and personal deposit income
· Provide additional security to a loan proposal that is short on collateral

Let us show you how to help your bank’s business customer base grow and expand using the USDA loan program. Many of your existing commercial customers may benefit from utilizing some of these loan programs as well. We can assist with:

· Review USDA and SBA loan proposals
· Originate and process USDA loans
· Review closing documentation for compliance prior to closing USDA
· Perform Annual USDA audits

Summary:

· General business loan review and underwriting
· Submit Pre-applications overview to the USDA
· Applying for USDA loans
· Processing USDA packages
· Act as Servicing Agent USDA only
· Perform annual USDA audits
· Application from beginning through the closing process
· Working with lenders and working with borrowers
· Provide services to bank
· Provide services to loan clients
· Review loan closing documentation for compliance
· Training programs available for these programs