Michael Marciano

Optimize your advantage with the solutions available to you. Join us at the Optimal Blue Summit ’25 to learn how leading lenders and capital markets experts leverage Optimal Blue solutions to maximize profitability on every loan. We just released the agenda for Optimal Blue Summit. Check out our multi-track sessions for everyone from originations to capital markets. Early-bird pricing available now. Learn more and register today: summit.optimalblue.com #OBSummit25 #MaximizeProfitability #OptimizeYourAdvantage #OptimalBlueSummit25

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Banks (at least some banks) are starting to catch up to business lending in the 20's... I had coffee this week with an officer from a small NJ-based bank looking to expand their footprint in the SMB lending space. They're offering two "express" lending products - a term loan and a line of credit, in amounts from as little as $20K to a max of $500K. The Term Loan comes with a 5 year term making monthly P&I payments (amortizing), and the Line of Credit is for a 3 year term and interest-only monthly payments. (A lot of LoCs we're seeing these days offer only weekly payments) Rates are Prime+ either 2% for LoCs, or could be as low as +1.5% for the Term Loans. The key points that stand out for me: - These "Express" products are designed to close in under 30 days from application. A comparable SBA Loan would take minimum 30 days, could be over 60 depending on what might come up. - What makes these more efficient is they typically don't ask for financials, just some tax returns. The review of additional financials (P+Ls, BS, debt schedules) are what hold so many deals up. - Unfortunately (for the time being) these are only being offered in states where the bank operates which is NJ, PA, DE, NY (Manhattan only) and FL (Palm Beach area). But if the business has just a presence in any of these areas its doable. Its great to see a bank getting "creative" these days... #entrepreneurship #businessloans #leanstartups #mergersandacquisitions #businessvaluation #leanstartups _______________________________________________ 📰 Would you like to receive our weekly newsletter via email discussing all matters small business related, particularly finances? Sign up here - https://bit.ly/3A0Jdrn

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It's important to make sure that your record for every transaction matches your bank's record. What does that mean and how to do it? Chase Bank explains the process in their blog: https://lnkd.in/eq6sMNZQ #CheckingAccount #PersonalFinance

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Turn Your Loan Data into Insights with Baseline's Custom Reports! Stay ahead with data-driven decisions using Baseline’s Custom Reporting. Here’s why it’s a must-have for private lenders: 📈 Tailored Insights: Custom reports for tracking loans and portfolio health. 🤝 Boost Investor Trust: Detailed, personalized statements for transparency. ✅ Ensure Compliance: Simplify regulatory requirements with precise reports. 🔍 Enhance Risk Management: Proactively identify and mitigate risks. ⚙️ Drive Efficiency: Streamline processes and enable informed decision-making. Unlock the potential of your data with Baseline. Ready to elevate your lending business? Book a demo with us

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Boosting your credit score significantly increases your chances of qualifying for an SBA loan. If you're applying for SBA loans, understanding the factors that affect your credit—such as payment history, amounts owed, and credit mix—is vital. Read more about the strategies you can take to enhance your credit score in this blog from ROK’s resource center ✍🏻

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📅 Save the Date and form your cliques for the upcoming maiden edition of Fidelity Bank's Orange Market! 🍊 ​ #OrangeMarket #BelieveWithUs #FidelityBank

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Attention small business owners, this one's for you! 🎧 Tune in as Brad Fitts, FVP, Small Business Relationship Team Leader at CSB, shares his top tips for small business owners based on the questions he gets every day. Get advice on everything from applying for business loans to safeguarding your deposits beyond FDIC insurance in this must-listen podcast, a part of the Boston Business Journal’s Thought Leadership series: https://lnkd.in/eFiG3SMt

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As your business grows, so do your financial needs. Coastal States Bank offers tailored loan solutions to help you achieve your business objectives: ▫️Small Business Equipment Loans: Upgrade or acquire new equipment to keep your operations running smoothly. ▫️Commercial Loans: Secure the capital needed for expansions, working capital, or mergers. ▫️SBA Loans: Benefit from government-backed loans designed to support new and growing businesses. ▫️Commercial Real Estate Loans: Invest in or develop your commercial property to enhance your business presence. Which loan option aligns with your business goals? Share your thoughts in the comments. Still deciding? Visit our website coastalstatesbank.com or contact a banker today for personalized guidance and support. #CoastalStatesBank #BusinessLoans #SmallBusiness #CommercialLoans #SBALoans #EquipmentFinancing #RealEstateLoans #BusinessFinance #FinanceYourBusiness #LoanOptions

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Want to boost your investment knowledge? Understanding cash flow from investing activities is key! Our guide breaks down its significance and how it can optimize your investments ➤ https://lnkd.in/e4UxmVje USA Loans | Company NMLS ID: 299131 NMLS® Consumer Access Verification: https://lnkd.in/ewUsgYX #cashflow #CashFlowStatement #investingactivities #investors

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Make payment with ease with your FirstBank virtual card. To get started, log in to your FirstMobile App, select card services, then follow the prompt and get your virtual card in minutes. 🤩😉 It’s that simple. 🤭 #YouFirst #Cards #FirstBank #FirstBankGiant

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Make payment with ease with your FirstBank virtual card. To get started, log in to your FirstMobile App, select card services, then follow the prompt and get your virtual card in minutes. 🤩😉 It’s that simple. 🤭 #YouFirst #Cards #FirstBank #FirstBankGiant

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The credit box is the 🦴 backbone of any SBA lending program- so you better be sure it’s 💪🏻 as strong as possible. How to build a credit box is the big topic this week- and maybe the most important so far this season. Here’s what we’re discussing on our newest episode: 📊 How competition impacts credit decisions—are you loosening your standards to stay competitive? 🏦 Unsecured exposure—how much risk is too much in today’s lending market? ⚖️ Conservative vs. aggressive underwriting—how do you find the balance between protecting your portfolio and hitting your production goals? This week’s panel came together for an incredible discussion: -Jeannie Yoder SBA Regional Executive at United Community Bank - Brian Carlson- SBA Managing Director at Mission Valley Bank - Chris Kwiatkowski President of Government Guaranteed Lending at Dogwood State Bank 🎧 Ready to dive in? This episode is packed with strategies for building a credit matrix that works. Link in the comments below! This episode is sponsored in part by: CORPSMART CORPSMART is a due diligence group that specializes in lien searching, UCC filing, DMV title recordings and more. If you're looking to streamline your process, the CORPSMART team is the best resource, offering a wide range of services, capability to directly integrate with your in-house systems, and the icing on the cake, their over-the-top customer service, making every deal that much easier to close To discuss your due diligence needs visit the CORPSMART website at https://corp-smart.com for more information or to set up a get acquainted call, email McKenna Weiks at [email protected] - and let them know that the Art of SBA sent you!

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Feeling stuck in your search for a Point of Sale platform that meets your needs? Look no further than the BIG Point of Sale by Mortgage Automation Technologies. Try out a demo today: https://lnkd.in/gmqppPxE

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New to private lending? No worries! We’ve created a step-by-step guide on what information you need to secure funding through Innovate Funding. Let us help you find the right private lender to meet your goals. #PrivateLending #FundingTips #InnovateFunding #FinanceAustralia #BusinessLoans https://wix.to/oy53Oxx #newblogpost

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