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Charles McGeehan II

Charles McGeehan is the LendingNetwork® Director of Sales. As a part of the ProfitStars® Lending Solutions suite of products, the LendingNetwork® provides alternative options for commercial borrowers that are turned-down or turned-away by their financial institution (FI). Since 2002, our partners have relied upon this solution to deliver lending options to their clients when traditional financing isn’t successful. Prior to taking over LendingNetwork® in 2016, Charles was an advisor to community banks and helped small/mid-market businesses find working capital solutions, primarily through asset-based loans. Charles has a background in Logistics and began his career with financial technology in 2000. Charles resides New Orleans, LA but works nationwide to help the backbone of the American economy, small businesses, gain access to the capital they need to survive and thrive!
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Recent Posts

Develop a Strategy to Nurture Your Small Business Loan Declines

Posted by Charles McGeehan II

Mar 10, 2017 11:00:00 AM

Small business lending is poised for an interesting year in 2017. Small business confidence scores are riding on a 10-year high. Alternative lenders, including online, marketplace, and peer-to-peer, are becoming more active. Regulators are determining how the new “special purpose” charters will be structured. Now is the time for your institution to determine a strategy for living in a market that will likely see many more commercial credit applications. While this plan includes the loans you approve, it must also address how you will handle loan declines.

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Topics: Commercial Lending

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