You’ve made a boomerang loan when Presidential’s commercial borrower that you introduced returns to the bank as a qualified borrower.

The majority of Presidential borrowers return to a commercial bank, and they look first to the bank that introduced them to Presidential. It’s called The Boomerang Principle™.

Presidential helps loan officers and underwriters manage the inevitable borrower disappointment that accompanies declines. By introducing a declined prospect to Presidential, you create an opportunity to generate non-borrowing banking services revenue now, while adding a prospective borrower to your pipeline that will be financially stronger and will have improved internal operating controls and procedures.

Special assets or workouts can also be boomerang candidates. When a borrower is challenged by circumstances and the bank is looking for an exit, Presidential helps the special assets officer handle an exit professionally, giving the borrower an opportunity for success in the future.

You may Introduce Presidential to a borrower now or contact us for more information.