CenCorp Business Solutions - Your Outsourced Business Lending Solution
CenCorp Business Solutions, LLC (CBS) focuses on providing you with a comprehensive member business loan underwriting service on an outsource basis. The service includes business lending education for directors and staff, assistance in business lending policy development and marketing, as well as a review of specific credit union business lending regulations.
CBS is structured to give you the option to choose your level of involvement in business lending activities. In addition to the standard underwriting function, you can choose to outsource other business lending functions, such as loan application, document preparation/processing, closing and ongoing loan servicing/monitoring.
CBS provides the expertise and infrastructure for you to enter the business lending arena and make appropriate decisions. As part of the service, CBS performs a complete analysis of the prospective borrower and makes a recommendation for approval or rejection. You ultimately decide which loans are approved.
CBS supports a variety of business loan types and specializes in commercial mortgages, secured lines of credit and term loans.
CBS offers these advantages:- Underwriting performed by experienced loan professionals
- Education and training provided to Board of Directors and staff
- Convenient electronic transfer of loan documents to and from CBS
- Compliant, state-of-the-industry loan documentation
- You control the rates and fees charged
For more information, please contact M.B. "Dutch" Ducher or Jerry Ambrozy at (888) 236-2677, extension 3075 or 3048, respectively, or email CBS at CBS@cencorpcu.com.
