FOR BANKS

The InnFinGroup has worked with banking institutions in a complementary fashion for many years. Banks realize that although they may have a quality deposit relationship with a customer, that the customer may not meet its lending criteria. However, a simple rejection of a loan request could endanger its deposit relationship. Consequently, bankers often find it necessary to function as a solution provider for that customer.

That’s where InnFinGroup can step in.

InnFinGroup provides a non-competitive solution, allowing a bank to maintain and even enhance its deposit relationship, while “outsourcing” the customer’s short-term funding needs to InnFinGroup.

Benefits of the InnFinGroup solution for banks include:

• The bank provides a solution, not just a “no” response
• The bank maintains its customer base and improves its deposit relationships; InnFinGroup does not take the customer away from the bank
• The bank sees increased average daily balances as InnFinGroup funds are deposited with the bank
• When the bank’s customer becomes creditworthy in accordance with the bank’s lending criteria, the customer can return to the bank for funding because of their strong pre-existing relationship.