Co-lending and Participations: We frequently partner with other lending institutions to share risk and increase the total financing available to an enterprise. Partnering with NCIF can help your lending institution say “yes” to a loan where collateral or equity is not quite sufficient to meet your internal underwriting standards. We do this in a variety of ways:
- NCIF can co-lend on a pari passu basis with another lender.
- We can participate in loans originated by another lender.
- We accept participations from other lenders in loans that NCIF originates.
Subordinated Debt: In some cases, NCIF’s more flexible collateral requirements allow us to provide subordinated debt that fills the capital gap between the company’s total financing needs and what a senior lender can provide. By providing this “patient” or “equity-like” capital for fast-growing companies, NCIF can help a senior lender preserve its collateral position.
Referrals: Banks can refer existing customers to NCIF to provide financing. NCIF can help a bank maintain its other relationships with a valued customer (e.g., treasury services, deposits, credit cards, insurance, etc.).
Business advisory services: We have many resource partners ready to help your clients complete a business plan, improve operations, conduct an energy audit, or generate financial projections needed for a successful loan package. NCIF can contract with outside experts if needed.
Credit enhancement programs: NCIF is an SBA 7(a) Community Advantage Lender and is certified by the USDA as a Business & Industry Guarantee (B&I), Intermediary Relending Program (IRP), and Rural Microenterprise Assistance Program (RMAP) lender.
Give us a try!: For details on how your lending institution can work with NCIF, contact Anna Tefft at (336) 734-6902 or This email address is being protected from spambots. You need JavaScript enabled to view it..
NCIF Twitter
