The Bancorp Bank, N.A. Shares Growth of its Wholesale Purchase Program
The program has completed $229M in deals with independent lenders, lessors, and other financial institutions ... | June 6, 2023
Source: marketscreener.com
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The Bancorp aims to fill gap in financing for funeral homes
Most loans to mortuaries are backed by the Small Business Administration, so they are capped at $5 million. The Delaware lender is teaming with an industry insurer to offer much larger loans to funeral home owners seeking to acquire rivals or refinance operations.
Source: americanbanker.com