Here are a few of the ways we can help financial institutions:
- Community Reinvestment Act (CRA)
We allow banks to diversify their portfolio of CRA qualifying investments in a way never before possible: it allows banks to lower their default exposure risk while lessening the CRA due diligence requirements.
- Federal and state loan guaranteed programs
Our gap-funding product allows banks to make zero-risk loans to qualifying small businesses. Banks using the SBA 7a Loan Guarantee program can use our network of individual lenders to acquire a cash guarantee for the portion of the loan not guaranteed by the SBA (i.e. if the SBA guarantees 75% of a loan, we can provide a cash guarantee on the remaining 25%). Banks are able to fund small business borrowers without risk, and individual lenders receive an attractive return on their investment.
- Lead generation
It is a common problem for banks to have funds to lend but insufficient qualified borrowers for these available funds. Your bank can easily generate new leads by utilizing our proprietary technology that filters applicants matching your lending criteria, saving you time and money.
- Streamlined microlending capability
Our platform gives banks a new way to streamline their micro-lending divisions. Banks can use the Rebirth Financial platform as a means to receive loan applications online. The platform can help loan officers quickly screen and process applications, saving valuable company time and money.
- Marketing / PR
At Rebirth Financial, your institutions will be featured in various marketing channels every time you lend with us. Communities will then be made aware of your positive impact in helping create jobs and fostering economic development.
- Decreased exposure to risk
Rebirth Financial has an attractive value proposition for small to medium size investment funds as it allows them to considerably increase their footprint and deal flow, as well as diversifying their investment portfolio in a short timeframe and at almost no cost.
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