We guide our clients through the new and complex world of business banking. By instituting a Member Business Lending program, credit unions can now offer a full range of business services to their members, providing them one stop shopping for all their banking needs while at the same time realizing a significant opportunity for growth in members, deposits, loans and related fee/interest income. Octant’s personnel have over 100 years combined experience in business lending and want to share that knowledge wi
Octant will perform a comprehensive quantitative and qualitative analysis of each loan request applying time-tested credit underwriting techniques. Manage MBL Administration After each loan is approved, closed and funded, Octant will review all closing documents to ensure compliance with the approval memorandum/commitment letter and board the loan on its commercial loan accounting system.
We offer several service levels that allow selection of only those services that you need now. As your MBL portfolio grows, additional services can be added as necessary. Our fees are structured so that you only pay for what you need – nothing more.