Success in member business lending programs requires strong people, processes, and systems. It also requires a competitive offering and a great member experience. MBC provides the complete solution and supports you at every step of the loan lifecycle. Think of us as an extension of your team, strategic partner, and business lending platform all rolled into one.
Multiple service levels are available, providing access to the complete depth and breadth of our services. These levels are tailored to where you are in your member business lending journey, from just starting out to advanced.
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It all begins with the ability to generate quality loan volume consistently. This means prospecting new loan opportunities, qualifying them, and supporting borrowers throughout the process. Our team of lenders is here to help. We can serve as your entire lending team, provide extra lending capacity when you need it, or simply support your efforts.
We help you evaluate and manage risk. With our thorough understanding of NCUA rules and industry best practices, we can help you make highly informed credit decisions better and faster. Our team of analysts will work with you and your business members to collect tax and financial statements and other needed information to ensure a thorough understanding of the risk and opportunity.
Become part of MBC’s strong participation network of credit unions to both sell and buy loans. With our successful track record in underwriting, diversification, and portfolio management, MBC loans produce reliable and solid returns with low delinquencies. Through our online platform, you don’t have to rely on our analysis alone; we provide the data and information you need to do your own evaluations. Importantly, we also manage loan accounting, the collection of payments, and make distributions for participated loans so that you don’t have to. Our loan participation network is part of our subscription service and is available as an unbundled solution.
Loan documentation is about clarity, security, and peace of mind for you and your borrowers. MBC ensures essential loan documents are in place, accurate, and ready to go at closing. We handle titling, confirm insurance endorsements, establish valid signers, confirm completion of underwriting, help coordinate closing dates, and more.
Loan servicing is the behind-the-scenes magic that manages all details for the life of your loans, from payments and escrow management to borrower support and compliance. We also handle loan accounting and provide a library of month-end and quarterly reports, with custom reporting and file extract options available.
We offer ongoing loan monitoring, portfolio management, and collection management. Additionally, we conduct annual loan reviews as part of our subscription services or as an unbundled solution, relieving you of this burden so you can focus on generating new loans and member service.
It’s true that MBC is the best full service MBL CUSO for Michigan credit unions, but we also help you fill in the gaps if you don’t need it all. Let’s talk about your commercial lending products, processes, training needs and goals and create a plan to help you strengthen your business member offerings and services. We are easy to contact, fun to talk with and will provide you with the most up-to-date information.