If your credit union is considering offering business loans to members, or investing in business loan participations, please review the information on our web site. Whether you end-up working with CUSG or not, this information will help you to approach business lending with the necessary forethought, preparation of staff, consideration of regulators' expectations, and understanding of the investment required of your credit union resources.
By now, most credit union CEOs or CLOs have heard of the pitfalls and dangers of business lending to local small business owners. But that does not mean that business lending cannot be a valuable part of your loan portfolio.
Take time to review the information within our web site. It is born of deep experience in serving small businesses, of making profitable business loans, and of knowing the different underwriting, procedures and servicing required of business loans.
John Renforth
CUSG, CEO