Commercial Loan Products
Loans that will be re-paid within the span of a year. The needs for these types of loans emanate from cash flow scenarios that may arise, periodically, by the corporation.
What is Short Term Loans?
This law created 12 Federal Reserve Districts, each containing a Federal Reserve Bank operating under the authority of the Federal Reserve Board in Washington, D.C.
What is the Federal Reserve Act of 1913?
Commonly known as asset-based lenders, specialize in making working capital or investment capital loans to small businesses.
What is Commercial Finance Companies?
An officer of a bank or its parent who participates or has the authority to participate in major policymaking functions.
What is an Executive Officer?
Loans secured by shorter-term assets that are expected to convert to cash in the future.
What is Asset Based Loans?
This act instituted tighter capital requirements and management standards for banks and created reserve requirements to make the banking system safer.
What is the National Bank Act of 1863?
Assist consumers in purchasing stocks, bonds, and mutual funds.
What is Brokerage Firms?
A bank without a physical presence in any country.
What is a Shell bank?
Organizations may be seeking to purchase other organizations and/or merge with others. These types of transactions are significant, in terms of cost, and must be funded.
What is Acquistion Loans?
This act requires national banks to belong to the Federal Deposit Insurance Corporation and grants regulatory authority over insured banks to the FDIC.
What is Federal Deposit Insurance Corporation Act of 1950?
These companies generally finance large industrial or agricultural equipment either by purchasing the finance paper from equipment dealers or by financing the equipment themselves.
What is Commercial Sales Finance Companies?
A company that controls a single savings-and-loan association. Unitary thrifts resemble bank holding companies in some respects, but their financial powers are broader in scope. They are authorized to engage in any type of industrial or commercial business.
What is a Unitary thrift holding company?
These loans are very short term and are designed to address funding needs to purchase inventory needed to produce the product the company sells.
What is Self-Liquidating Inventory Loans?
This act strengthened banks by prohibiting interest charges on demand deposits and by raising the minimum capital requirements for national banks.
What is Glass-Steagall Act of 1933?
These companies are a major source of credit for financing equipment for businesses.
What is Leasing Companies?
The entity that owns the greatest percentage of a company's shares and therefore has the largest stake in the company's success.
What is Principal Shareholder?
These types of lending vehicles can be either long or short term. These are flexible loans and allow clients to borrow, as needed, up to a pre-determined amount.
What is Revolving Credit Financing?
This act includes important provisions about the privacy of customer information, increased access by community banks to the Federal Home Loan Bank System, and changes to the requirements imposed by the Community Reinvestment Act.
What is the Gramm-Leach-Bliley Act (GLBA)?
These companies extend loans for large commercial real estate projects, generally with a minimum one million dollar loan requirement.
What is Insurance Companies?
This happens when an originating bank sells all or some of a loan to another financial institution.
What is Participations?