What happens when you turn down a business loan? You stand a risk of losing the relationship. Lighthouse can get your customer’s loan approved and pay the organization a generous referral fee while you keep or grow your commercial deposits, other fee income services and the personal relationship.
So, if you’re looking to increase your penetration of the commercial marketplace, Lighthouse's Business Builder provides banks and credit unions with a unique marketplace offering. This superior value proposition allows you to attract new business relationships and strengthen existing ones while increasing deposits and fee income.
The Lighthouse program allows for quick and efficient implementation while minimizing internal requirements. Our objective is simple -offer a superior relationship-based value proposition. Our results are significant:
- You attract new business relationships.
- You strengthen existing relationships.
- You add the business owner’s personal relationship.
- You grow deposit and increase fee income.
- Your brand is enhanced.
- The customer’s perspective can be that it was your bank that arranged a loan for them.
- Centers of influence will increasingly recommend your bank.
- Loan officers become trusted advisors.
Make one call and get a generous referral fee on any commercial loan that closes. It is that simple. You spend time in and around commercial financings and you want to start profiting from your relationships. Use our relationships with the top commercial funders in the country to get your loan done. Use our ability to mitigate weaknesses of bad deals, restructuring those deals to effect smooth, successful transactions. Not just real estate—working capital, business acquisitions, leasing, any commercial need you have–is waiting. It takes only one call. You give us the name and number of the borrower and we do all the rest. You don’t...
- meet with the client,
- try to collect documents,
- work on issues,
- deal with underwriters, or
- attend meetings.
Many of your clients can’t obtain financing from their bank. Their deal just doesn’t fit into the box. Maybe the next bank will approve the deal, but maybe it won’t. Today banks are more alike than different – strict guidelines, heavy documentation requirements, large down payments and more can make it difficult to get approved. When your client does get approved, does he feel that he got the best deal possible? Was there a better deal somewhere else?
Now there is a solution. Refer your clients to a trusted financing advisor to provide them the best deal in the marketplace, and we do the heavy lifting. Designed by a CPA for CPAs this program is an extension of what you do already. However, instead of leveraging your relationship with a handful of local banks, we will open up the world of providers to your clients. You get a more loyal client base, a chance to grow your commercial clientele and a generous referral fee (where allowed).