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.
Pay your taxes and stay in the market with a securities-backed line of credit
Dustin Carnevale , VP, Business Development
If an upcoming tax bill or financial obligation could impact your clients’ investment portfolios, now is the perfect time to recommend The Bancorp SBLOC.
As we turn the page on a tumultuous year, many of us are looking ahead to a better and brighter 2021. And while the pandemic will hopefully fade into memory, one thing is still unavoidable: taxes.
While your clients may have benefited from sound investing, they may not have enough liquidity to cover this year’s tax bill. For these individuals and many others, a Securities-Backed Line of Credit (SBLOC) could provide the flexibility needed to pay 2020 taxes and keep their investments intact.
SBLOC Advantages
For financial professionals and their clients, meeting tax obligations can often require liquidating portfolio holdings. Selling portfolio assets disrupts their clients’ investment strategies, results in the loss of accumulated wealth, and can trigger capital gains.
The good news is that The Bancorp SBLOC enables financial professionals and their clients to efficiently and effectively leverage nonretirement-invested assets to secure a flexible line of credit by pledging their portfolio as collateral. More importantly, the SBLOC provides convenient access to liquidity to pay tax bills and meet other cash needs all year long without disrupting long-term financial goals.
The SBLOC offers tangible benefits to both financial professionals and their clients:
Clients can draw on a line of credit that may ease the potential negative consequences of liquidating assets.
Clients can pay SBLOC balances at their discretion, with only a minimum monthly interest payment required.
Financial professionals don’t have to disrupt their clients’ wealth management strategies and can maintain AUM.
Financial professionals can avoid untimely liquidations and strategically sell their clients’ assets (e.g., low cost basis, restricted shares, or impending bonuses) at their discretion.
Conclusion
If an upcoming tax bill or financial obligation could impact your clients’ investment portfolios, now is the perfect time to recommend The Bancorp SBLOC. With no application fees1 and no charge for the credit-line portion not in use, the SBLOC is a low-cost solution to your clients’ liquidity needs.2
1. The Bancorp Bank, N.A. does not charge an application fee. State, local, and/or third-party fees may apply in some states.
2. An SBLOC cannot be used for the purchase of additional securities or to pay off a margin loan that was used to purchase securities.
The opinions, findings, or perspectives expressed in this content are those of the author and do not reflect the official policy or position of The Bancorp, Inc., its affiliates, or its or their employees.
Taxes
Tax Time
SBLOC
Securities Backed Loans
Securities Based Loans
Blog
The Bancorp
Institutional Banking
The Bancorp Institutional Banking
Tax Payments
Investment Portfolios
Wealth Management
Financial Advisors
Related Posts
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.
