So, your credit union has decided to expand into Member Business Lending. It makes sense.

It allows you to leverage your existing strengths and deepen existing relationships. Your members who own businesses are asking about it or even encouraging you to do it.

It allows you to attract and retain new members. There are so many business owners in your field of membership who would love to join but are looking for an institution who can meet all of their financing needs, both personal and business.

It allows you to invest in your community and fuel economic growth.

It provides an additional revenue stream that carries higher returns on investments. It will diversify your income streams and provide more opportunities for growth.

It’s the right move for your credit union.

Yes, it makes a lot of sense. So…what now?

That is where Six48 Consulting can help. With higher returns comes higher risk. Your MBL program must be built on a firm foundation if it will withstand the storms of the business life cycle. With over 40 years of experience in credit risk management, we understand the importance of building your MBL program on a firm foundation.

With a full range of credit risk consulting services, we provide the expertise that you need to build it right. Our services are tailored to any size credit union looking to establish or improve the management of their Member Business Loan (MBL) portfolio.