Feb 16, 2022
If you haven’t considered a credit union as your next commercial lending partner, you're not considering all the options.
Mark Ritter, CEO of Nu Direction Lending, specializes in bringing traditional business financing to the credit union market, keeping the focus and funds local. Jason chats with Mark about what makes the credit union relationship unique and how wholesale distributors can benefit by securing their lines of credit, real estate loans, or general financing with a community-based lender.
In addition to keeping money flowing locally, credit unions offer their clients direct access to lending decision-makers. That's a win-win for distributors as personal relationships buoy a company’s bottom line.
Not a member? No problem! Over the last ten years, credit unions have greatly expanded their membership criteria, welcoming more personal banking and small business clients into the fold.
Whether it's a line of credit, a real estate loan, or something in between, the opportunities for distribution businesses are endless.
When searching for fast, fair, and reliable funding, maybe it's time you took your business to a credit union––an organization that knows your company as well as your community.
For full show notes and services visit: http://www.distributionteam.com
Distribution Talk is produced by The Distribution Team, a consulting services firm dedicated to helping wholesale distribution clients remove barriers to profitability, generate wealth and achieve personal goals.
This episode was edited & mixed by The Creative Impostor Studios.
Special thanks to our sponsor for this episode: INxSQL Distribution Software, integrated distribution ERP software designed for the wholesale and distribution industry.