Salt Lake City, UT, November 20, 2014 --(PR.com
)-- Popular Commercial Lending Group (PCLG) has introduced a new Affiliate Loan Program (ALP) for smaller community Banks and Credit Unions around the country seeking to capitalize on agricultural loan business. Since many smaller community Banks and Credit Unions are under capitalized and/or have limited lending ability in the agricultural sector PCLG has introduced this program through its agricultural lending affiliate Popular Ag Finance (PAF).
Popular Commercial Lending Group and Popular Ag Finance have the ability to provide secondary market capital up to $30 million to any single borrower. Since most smaller community Banks and Credit Unions have limited lending ability PCLG's ALP program will allow smaller community Banks and Credit Unions to increase loan origination fee income through a partnership with PCLG and PAF.
Popular Commercial Lending Group www.popularcommercial.com
and Popular Ag Finance www.popularagfinance.com
can be reached at their corporate office for information on this program (888)950-9339.