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Pinnacle Financial Partners Recruits 4 Veteran Financial Professionals in Birmingham

Pinnacle Financial Partners Recruits 4 Veteran Financial Professionals in Birmingham
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BHG to branch out to home improvement, point of sale

Bankers Healthcare Group (BHG) is eyeing new sectors to expand into beyond its current offerings, including home improvement and point of sale lending. The company recently completed its second securitization backed by a mix of commercial and consumer loans, which served as a helpful barometer for testing the market appetite for similarly structured consumer products that BHG is looking to launch later this year.

To Create a Cohesive Culture, Bankers Healthcare Group Focuses on Individual Growth

 Photograph by Melody Timothee For a company that offers unsecured loans and other financing more than $7 billion to date to doctors, lawyers, and architects, you d figure that trust is important. And trust certainly suffuses the culture of Bankers Healthcare Group, a professional practice lender with headquarters in both Syracuse, New York, and Davie, Florida. Co-founder Eric Castro lived it in the Marine Corps, which he says emphasized the idea of developing a level of trust through a certain level of  vulnerability. Castro now calls himself the common sense officer co-founder Albert Crawford is chairman and CEO which is kind of a promotion for the former grunt and M1 tank driver. That experience gave me everything I needed, he says, to recognize what an ecosystem looks like in order to develop the type of bond that I had in the Marine Corps. But he also recognized that while the Marines emphasize the group bond, a business has to accentuate and value individual growth

Bankers Healthcare Group Closes Second ABS Transaction, Issues Nearly $350 Million in Notes

Bankers Healthcare Group Closes Second ABS Transaction, Issues Nearly $350 Million in Notes News provided by Share this article Share this article SYRACUSE, N.Y., May 7, 2021 /PRNewswire/  Showcasing its position as a leader in the financial services industry, Bankers Healthcare Group a source of innovative financial solutions and the creator of one of the largest community bank loan and product networks in the country issued nearly $350 million in notes backed by high-quality commercial and consumer loans. This marks the largest deal in BHG s history, helping to bolster its liquidity position and diversify its funding sources. This ABS transaction marks the largest deal in BHG’s history, helping to bolster its liquidity position and diversify its funding sources.

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