Press Releases, New Partners, Announcements, Helpful Links and Much More... Stay current with the latest news at Member Business Financial Services.
MBFS (Member Business Financial Services) is thrilled to announce an exciting collaboration with Lendovative Technologies, Inc. as they unveil their groundbreaking borrowing base lending solution, BB-360™. This powerful tool is set to revolutionize the lending landscape, offering a 360-degree view of the borrowing base process to all MBFS’s esteemed business partners.
Member Business Financial Services (MBFS), a CUSO formed in 2008 to assist credit unions with underwriting, funding, and servicing member business loans, recently arranged a $9 million credit facility for the acquisition of a $15.5 million multi-family property in Hoover, Alabama.
Read MoreA Back-to-Basics Approach to Serve Members, Manage Risk
After experiencing explosive commercial loan growth in 2022, the pace of new loan originations is moderating throughout the industry on a national basis. In aggregate, credit unions funded more than $52 billion in commercial loans in 2022, a 25% increase over the previous year. Commercial loan balances increased by over 19% in 2022.
Read MoreMBFS offers a wide variety of services to help your credit union throughout the complete life cycle of the business loan relationship. Your credit union can focus on the building and maintaining member relationships while MBFS supports your credit union’s operations.
MBFS works on-site with credit union management to develop a business loan policy that aligns with the credit union’s credit culture, strategic goals, and the NCUA regulatory guidance...
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MBFS works with small business owners and real estate investors to bring the right financial solution to credit unions and their members...
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MBFS works with wide variety of business owners and real estate investors to bring you the credit services and terms to grow your organization...
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MBFS offers in-house business loan servicing to our client credit unions. A challenge in the industry is that many core systems for credit unions have not been designed to support business...
Read MoreWhat small business owners and credit unions have to say about us!
"We have grown business lending by over 50% in the past twelve months. Partnering with MBFS has made that growth possible and insured our members received great service throughout the loan process."
MBFS is a Credit Union Service Organization jointly owned by American Heritage Federal Credit Union, American Spirit Federal Credit Union, Century Heritage Federal Credit Union, Clearview Federal Credit Union, West-Aircomm Federal Credit Union, Discovery Federal Credit Union, Launch Credit Union, Sun East Federal Credit Union, People First Federal Credit Union, Erie Federal Credit Union, Choice One Community Federal Credit Union, Eagle One Federal Credit Union, and Service 1st Federal Credit Union.
