Inland Bank’s Relationship-Driven Financial Advisor Lending Program Supports Transition and Growth

July 24, 2022

Montana Loans

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Launched in 2018, the Inland Bank Financial Advisor Loan Program was created to help independent financial advisors grow their business and clientele through the acquisition of another financial advisor’s portfolio of business, through partner takeovers or debt refinancing.

The program serves financial advisors across the country, offering conventional loans at a significantly lower rate than the SBA 7(a) loan program along with flexible structures and favorable pricing and terms.

Program features and terms include no cash equity required from the buyer, competitive fixed interest rates and up to 10 years of amortization.

When the program started – and still today – there was a growing demand for financial advisor loans as the number of retired financial advisors increased. By listening to financial advisory clients and providing personalized solutions, Inland Bank has built a foundation of ongoing, long-term support to assist with funding as a financial advisor’s practice grows.

As many financial advisors decide to retire later in life, many choose to sell parts of their business in separate transactions. This allows the retiring advisor to remain active in a lesser capacity, while capitalizing on a segment of the business they have built.

These portfolios are often established after years of personal relationships. Therefore, selling the business to a new advisor is more than just a transaction. It creates a relationship between the advisors as well as with Inland Bank as the lender.

As a community bank, it is an added advantage to offer customers in this niche industry personalized service and support to help with the transition and growth of their business.

Since its inception, the Inland Bank Financial Advisor Loan Program has funded nearly $20 million in loans to financial advisors located in Alabama, Arizona, California, Colorado, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri , Montana, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Texas and Wisconsin.

For more information about the Financial Advisor Loan Program, contact Tiffany Tyson at [email protected] or (630) 908-6623.