In a new partnership, Northeast CUSO will provide SBA processing and servicing support to Texas Advantage Commercial Lenders, the business lending CUSO of Texas Trust Credit Union.
"We have a successful business lending model of our own but found that it made good sense to outsource our SBA processing and servicing to Northeast. The SBA business requires specialized knowledge, and it proved advantageous for us to partner with Northeast in that arena," said Mark Joyce, executive director of Texas Advantage.
Rick Slater, chief operations officer of Northeast in Keene, N.H., said the alliance with Texas Advantage is proof that CUSO-to-CUSO partnerships can work.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
