BANKING SOLUTIONS TO BROADEN BUSINESS PERSPECTIVES
WE TRANSFORM BUSINESS NEEDS INTO SOLUTIONS THAT GROW WITH YOUR BUSINESS.
The Bancorp has decades of multi-industry banking experience and a technological focus to help our clients achieve sustainable business growth.
AGILE, SECURE & SCALABLE FINTECH SOLUTIONS
Our partners benefit from our financial strength and industry expertise.
The Bancorp deploys custom payments services merging cutting-edge technology with superior regulatory and compliance infrastructure.
Accessing new avenues to leverage existing wealth
Through strategic alliances with nonbank wealth management platforms, we enable independent and registered financial professionals to expand their service offering to better compete with larger and more fully-resourced institutions.
A one-of-a-kind offering to serve you better
The Bancorp Commercial Lending business offers a distinctive set of services which reflect our commitment to meeting your evolving business needs.
Whether you need a small business loan or leasing services for a fleet of vehicles, we can provide you the expertise and financial traction to keep you on the road to success.
COMPETITIVE BRIDGE FINANCING SOLUTIONS
THE BANCORP PROVIDES BORROWERS WITH CERTAINTY OF EXECUTION FOR NON-RECOURSE COMMERCIAL REAL ESTATE BRIDGE LOANS NATIONWIDE.
As a direct lender, we provide a streamlined, single source of origination, funding, and asset management for loan brokers and their clients seeking to purchase and reposition multifamily and other commercial real estate properties.
WE TAILOR BANKING SOLUTIONS TO YOUR BUSINESS NEEDS.
Across our Fintech Solutions, Institutional Banking and Commercial Lending business lines, The Bancorp offers a wide range of products and services that can transform your business needs into long-term, technology-enabled solutions.
GAIN INSIGHT FROM INDUSTRY EXPERTS
OUR FINETICS® BLOG OFFERS TIMELY COMMENTARY ON THE LATEST BANKING TRENDS.
Tap into the mindset of The Bancorp solution leaders as they discuss what’s new in the banking industry and how The Bancorp can help you stay ahead of the curve.
EXPERT COMMENTARY AT YOUR FINGERTIPS
THE BANCORP OFFERS A VISIONARY APPROACH TO BANKING BACKED BY DECADES OF INDUSTRY EXPERTISE.
The Bancorp solution leaders are financial industry experts conversant with the latest banking trends and the next generation of business banking solutions.
THE BANCORP DESIGNS THE FUTURE OF BANKING ONE CLIENT AT A TIME.
We’re not a startup, but we think that way. The Bancorp approaches each client’s needs as an opportunity to develop the next generation of banking products and services.
STRENGTHENING OUR VISIONARY FOUNDATION
THE BANCORP LEADERSHIP FOSTERS AN INVENTIVE APPROACH TOWARD BANKING.
The Bancorp Leadership Team sets the compass for exploring new perspectives that drive continuous organizational growth.
NAVIGATE A REWARDING CAREER AT THE BANCORP
WE’RE INVESTED IN YOUR DEVELOPMENT AND GROWTH.
The Bancorp offers a dynamic work environment and ongoing opportunities to broaden your knowledge and enrich your skill sets.
COMMITTED TO DIVERSITY & INCLUSION
THE BANCORP VALUES THE DIFFERENCES THAT MAKE US UNIQUE.
We cultivate an environment where all cultures, ideas and perspectives are equally acknowledged and respected.
Values-Based Business Practices
ESG principles are integral to The Bancorp’s business strategy.
Our Environmental, Social, and Governance (“ESG”) initiatives guide our business practices to create positive change for our local communities, the environment, our clients and customers, and the banking industry as a whole.
Create Your Own Story Debt Consolidation with an SBLOC
The Bancorp Institutional Banking
Debt can be a major point of conflict for clients who want control of their finances.
In a volatile market, cash flow can often be difficult to predict, and that uncertainty can lead to trouble for clients who have multiple loans or large payments due. This can seem overwhelming to manage, but financial professionals can work with their clients to guide them down a more manageable path by leveraging client assets.
SBLOC: A Streamlined Solution
When paying off debt seems like a gargantuan feat, there is an option for clients to make this monster a lot more tamable through a Securities-Backed Line of Credit (SBLOC). Rather than borrowing more money from a bank or other financial institution and adding more debt to pay another off, an SBLOC offers clients the opportunity to take out a loan based on the cash value of their own assets. Through this solution, clients can borrow up to 95% of their portfolio value based on asset type and open an interest-only line of credit.1 Compared to conventional loans, an SBLOC can provide more favorable terms and offers variable and fixed interest rates.
Most importantly, an SBLOC through The Bancorp Institutional Banking offers clients flexibility, which can feel like a breath of fresh air when dealing with stifling debt. Clients have the option to convert variable rates to fixed rates through a simple application process.2 This offers another opportunity to make payments more manageable so clients can continue to focus on their wealth management goals.
Recently, a client had a commercial loan with another financial institution that was maturing with a $600K balloon payment due. The client recently chose to downsize their business, decreasing the usual cash flow, so they were unable to qualify for traditional financing to renew the loan and avoid the large balloon payment.
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Buffering Debt in Business Transitions3
When faced with liquidating assets to make the payment, the client was able to find an alternative option through an SBLOC. The Bancorp Institutional Banking team was able to leverage an investment account to extend a line of credit that helped the client lower their monthly payment, offered flexibility, and helped cash flow during a transition time in the business.
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Moving Forward from Debt
The SBLOC can help clients managing debt open a new chapter in their wealth management story. By leveraging nonretirement assets in their portfolio, financial professionals can work with their clients to take control of their finances once again. With no application fees and a streamlined application process, clients can access capital quickly to help consolidate payments and manage other expenses to help preserve and grow their wealth.4,5
By offering innovative lending solutions, The Bancorp Institutional Banking helps financial professionals provide options that make sense for their clients based on their liquidity needs and overall wealth management strategy. Whether that means taking out an SBLOC or leveraging an eligible life insurance policy through an Insurance-Backed Line of Credit, we work to help clients feel confident creating their own stories.
Opinions, findings, or perspectives contained in this blog are those of the authors. All references to “The Bancorp” refer to The Bancorp Bank, N.A., the wholly-owned subsidiary of The Bancorp, Inc.
1. The 95% advance rate is for an all-cash portfolio.
2. No fee is associated when clients adjust from variable rate to fixed rate. Clients looking to adjust from a fixed rate to a variable rate will be charged a one-time $500 fee.
3. This case study of an actual client experience shows a potential use of the Securities-Backed Line of Credit (SBLOC). Individual borrower’s results may differ based upon multiple variable circumstances and factors, including, but not limited to: tax and other liabilities, SBLOC borrowing rates, and portfolio drawing power. The SBLOC is a nonpurpose loan, the proceeds of which cannot be used for the purchase of securities or to refinance a loan used to purchase securities.
4. The SBLOC cannot be used to purchase additional securities or to pay off a margin loan that was used to purchase securities.
5. The Bancorp Bank, N.A. does not charge an application fee. State, local, and/or third-party fees may apply in some states.
Collateral-based borrowing may not be suitable for everyone. Consult a financial advisor about any associated risks. Consult a tax advisor for tax-related matters and an attorney for legal matters. The Bancorp Bank, N.A. does not provide financial, tax, or legal advice. Rates, terms, and conditions of loan products are subject to change without notice.
SBLOC
Securities Based Loan
Securities Based Lending
Portfolio Line of Credit
Debt Consolidation
Institutional Banking
Partner for Life: Guiding Clients Through Financial Milestones
Through our Institutional Banking business, The Bancorp works with financial professionals to offer clients unique banking solutions that help provide financial flexibility and keep their wealth management goals on track.
Take Your Own Advice: Creating a Successful Succession Plan
Financial professionals regularly provide guidance to clients on major life decisions like planning for retirement. When it comes time for financial professionals to step down from the industry, it’s important to have a solid and structured plan in place.
Create Your Own Story Expanding a Medical Practice with an IBLOC
What happens when a medical practice is ready to set the stage for its next chapter? As we travel further into our Create Your Own Story series, our Institutional Banking team shares how an Insurance-Backed Line of Credit can help owners of medical facilities expand their practice.
