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8-9 Reliance Bank: SBX Lending

By Clip Syndicate
Lindsey Riley discusses SBX Lending services available at Reliance Bank.

http://eplayer.clipsyndicate.com/view/12512/7037583 Video: 8-9 Reliance Bank: SBX Lending
Lindsey Riley discusses SBX Lending services available at Reliance Bank.
http://chic.clipsyndicate.com/video/playlist/12512/7037583?cpt=8&wpid=2637 Wed, 09 Aug 2017 20:23:47 +0000 8-9 Reliance Bank: SBX Lending Lindsey Riley discusses SBX Lending services available at Reliance Bank. http://chic.clipsyndicate.com/video/playlist/12512/7037583?cpt=8&wpid=2637 WTAJ and we will >> welcome back it's time to talk business finances. we have personal banker on sdx lending. welcome to the show. ings nice to see you. >> first things first. this is your speciality. so you know what you are talking about what is sdx. it's small business lending. it focus on small businesses. entrepreneurs. i'm looking to start or grow a business. a great product that we've been doing. we're highlighting it more and making the process a little bit smoother. small business looking to cut cost. we see business owner using credit cards to purchase to have money to purchase you know equipment or whatever it may this. this is an alternative. we feel a cheaper alternative with interest rates. we think it's a good product to offer. you can get into a lot of trouble. 18% and 16%. and then zero% and then spikes to 20. a lot of customer don't know that's a clause in there. >> what makes this so special. >> i would say the time. we pride ourself on quick turn around time. there's specific things we need. but we do a good job of doing quick turn around time. minimal paperwork. we are always in communication with the customer. focus on their needs. it's a really one on one with the lender. at this time i do everything from start to finish. with the help, of course of other individuals. that one on one we pride ourself on. our competitive interest rates and quick turn around time. >>> that's great. i would like to know a little bit more about it. because people out there are thinking maybe they have a small business. and they would like to expand that business. and they use their credit card. they could use. what would be the interest rate or pay back time? >> we have different products. and the products can be let's just say investment properties. we have investment property mortgage. we have lines of credit. we have term loans. we have unsecured vehicle equipment loans. it all depends base off of you as the borrower what you look the do and you kind of go from there. >> obviously you have to be able to pay it back. >> exactly. you will not hand us the money. >> show me the money. >> as the bank we don't want to give a customer a loan that can't pay back. we're looking out for the best interest of them as well. >>> that's very good. what if you are just thinking i want to start a business. would you be looking at the person's personal financial history? >> that's a great question. because they are starting a business. the only thing we have to go off of them personally. we talk about investment properties. a lot of people want to buy investment properties. they do it in their name before they create a business. that's something small business express would be a niche. >>> that's very informative. i'm sure that people have any more questions they can contact you. it's a super easy web site. if you would like to do that. it's reliance bank.bank which is kind of cool. .com or.net. if you don't remember any of




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