Business Partners LLC

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  Rejected Autoland Bidder Cries Foul: Print Preview

  By Michelle A. Samaad  |  August 16, 2012

  The NCUA has been working behind the scenes to divest the former Telesis Community Credit Union's roughly $4 million stake in Autoland.

• Telesis CUSO Reports a Profit

  By Michelle A. Samaad  |  May 14, 2012

  The new interim president of Business Partners LLC said the business lending CUSO is on track to continue growing this year.

• Telesis-Founded Business Lending CUSO Releases Audit Results

  By Michelle A. Samaad  |  May 2, 2012

  Profitable for eighth consecutive year, with new interim president in place.

• Loan Participation Underwriting May Expose Exam Weakness

  By Michelle A. Samaad  |  April 15, 2012

  For some credit unions, being able to get in a car and drive to a piece of commercial real estate that a member is trying to secure financing for is a pivotal part of the lending process. Scoping out the area where that strip mall or office building is located...

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  Business Lending Losses Bring Down Telesis

  By Michelle A. Samaad  |  April 1, 2012

  Since at least 2010, Telesis Community Credit Union’s member business loan program has been in a downward spiral.

• Telesis Co-Owned Business Lending CUSO Will Continue Operating NCUA Says

  By Michelle A. Samaad  |  March 26, 2012

  Business Partners LLC, the CUSO founded by Telesis Community Credit Union in the early 1990s, will continue originating and servicing loans, the NCUA said Monday.

• Telesis CEO Grace Mayo a ‘Leader, Innovator’ Says Michigan CUSO CEO

  By Michelle A. Samaad  |  March 26, 2012

  At a time when credit unions were treading lightly, Telesis Community Credit Union was considered by some to be an early leader in the commercial lending space.

• Telesis Community Credit Union Member Business Loans Swimming in Red Ink

  By Michelle A. Samaad  |  March 26, 2012

  Several of Telesis Community Credit Union member business loan categories have been in a free-fall since at least 2010.

• Lending Exchange Brings Loan Buyers, Sellers Together

  By Michelle A. Samaad  |  January 26, 2011

  An online marketplace that connects financial institutions looking to purchase loans with those who are selling loans is the premise behind BP Connect, a new venture from Business Partners LLC, a business lending CUSO.

• California CUSO Launches Loan Seller, Buyer Network

  By Michelle A. Samaad  |  January 12, 2011

  Business Partners LLC, a business lending CUSO, has created BP Connect, an online marketplace that connects financial institutions looking to purchase loans with those who are selling loans.