Pub. 9 2020 Issue 3

Pub. 9 2020 Issue 3 19 L E A D I N G A D V O C A T E F O R T H E B A N K I N G I N D U S T R Y I N K A N S A S their demanding schedules simply don’t provide them the luxury of leaving the office to apply for a loan in a traditional setting. Furthermore, many have expressed frustration with lenders not truly understanding their business. BHG knew there had to be a better way, and went about building a fast and hassle-free process for these professionals to get capital. BHG offers a concierge lending experience that their clientele has earned and expects from those they do business with. Borrowers can complete a simple online application or speak with a live financing specialist to quickly move through the loan process. Approvals are made within 24 hours and funds can be provided in as few as three days. To date, BHG has worked with tens of thousands of licensed healthcare practitioners and highly-skilled professionals and provided more than $6 billion in financial solutions. Building by One Bank at a Time On the other side of BHG’s business is the team dedicated to working with community banks. Mr. Crawford was the original bank representative covering a client bank base that was centered in Oklahoma, Illinois and Minnesota. Each subsequent BHG bank representative has trained under him and understands his high standards for service. Banks purchase BHG loans through the company’s proprietary web-based Loan Hub. This secure, online system allows for daily sale and delivery of medical and professional loans while helping BHG service the growing loan demand from community banks. The platform includes various methods whereby a single loan or group of loans can be purchased. New loans are typically posted by 11 a.m. EST each day and, as with all BHG loans, a consistent, complete credit file is available for review prior to purchase. BHG’s 2020 sales distribution has averaged more than $8.6 million per day. All About Relationships If your bank is looking for new ways to diversify its commercial loan portfolio, partnering with an established lender like BHG may be a great opportunity. As any community bank representative knows, it’s all about relationships — and BHG takes those relationships to heart. When you come across the terms “FinQuant” and “alternative lender,” you may be surprised by the partnerships, opportunities and growth that await you, and BHG is a prime example of that. To learn more about BHG Contact: Tom Badolato 315-217-5708 TBadolato@em.bhgbanks.com Visit: bhgloanhub.com/Tom B S A / AM L W o r k s h o p Au g u s t 2 7 , 2 0 2 0 Wi chi ta, DoubleTree by Hi l ton 78 5 - 232 - 34 4 4 www ,ksbankers.com This program is designed to enhance the skills of your Bank Secrecy Act (BSA) and Anti ‐ Money Laundering (AML) support staff, your independent audit team, and any personnel responsible for managing and maintaining a strong BSA and AML program. EDUCATIONAL RESOURCES Bank Technology Sept. 15, 2020 Topeka KBA Office CFO/ Financial Manager Sept. 9, 2020 Topeka KBA Office DISCUSSION FORUMS 785.232.3444 ksbankers.com Educational Resources Bank Technology Sept. 15, 2020 Topeka KBA Office Each Forum limited to 30 bankers.