A LENDING DIVISION OF FIRST STATE BANK NEBRASKA

Blog – Financial Advisor Lending

08 Nov

More Skin in the Game: The SBA’s Proposal to Reinstate the Personal Liquidity Test

Lending regulations are constantly changing, especially those that apply to SBA backed loan products. Earlier this year the SBA instituted a new version of their Standard Operating Procedures (SOP), which included language referred to as the “Personal Liquidity Test” added as part of the Credit Elsewhere Test. The Personal Liquidity Test suggests looking at all […]

16 Jul

SBA Franchise Directory Listing for Broker/Dealers

Is your Broker/Dealer on the SBA Franchise Directory? They need to be for SBA lending. Considering an SBA loan to help grow your financial advisor practice? If you operate under any type of signed agreement with a Broker/Dealer (think rep agreement), those agreements need to be reviewed by SBA, and the brand listed on the […]

06 Feb

How Do We Calculate Global Cash Flow and Why Is It Important?

Usually one of the strongest credit aspects when financing an advisor practice acquisition is the consolidated cash flow that is available from the practice that is being purchased, and the existing practice of the buyer. Often, the practice being acquired can comfortably service the project debt associated with the practice acquisition. This is an ideal […]

23 Nov

Our Streamlined Lending Process

Securing a loan for your financial advisory firm can be time consuming and overwhelming if the lender is not familiar with your business model or if you meet with delays during the lending process. At Salt Creek, we are dedicated to helping financial advisors and RIAs expand their firms with efficient access to capital. It’s […]

01 Nov

What We Do and How We Can Help

At Salt Creek, we are dedicated to helping financial advisors and RIAs expand their firms with efficient access to capital. It’s our goal to help you grow your firm. We exclusively serve financial advisors and we understand your business. For advisors looking for a lending partner to support their growth, Salt Creek offers expert advice […]

01 Nov

What Makes Salt Creek Different?

Advisors today have several options when seeking a loan to grow their business. However, there are just a handful of banks that currently specialize in lending in the financial advisor space. The few banks that do specialize can process hundreds or even thousands of loans each year. That type of loan volume can make it […]