Second Lien Loans Designed to Meet the Needs
of Community Banks and Their Borrowers
Promontory Local Credit is a lending solution that can help banks more fully satisfy the borrowing needs of their commercial customers.
Loans provided through this solution, Promontory Local Credit loans range from $500,000 to $3 million—loan amounts that are often too small to interest other private lenders.
& No Equity Required
Promontory Local Credit loans have no requirement for equity ownership or active control over management. Terms are consistent with conventional bank loans.
Seamless Borrower Experience
Borrowers enjoy the convenience of working directly with their bank. The bank leads the customer relationship while providing a complete financing solution.