Balance Sheet Loans
When a lender retains a loan on its books instead of selling it off to another financial institution, it’s called a balance sheet loan. These types of loans are sometimes preferred because you always deal with the original lender should an issue occur.
Balance sheet loans are also referred to as portfolio loans, have unique benefits:
- Less risky to the borrower (borrow isn't usually requested to place an item on the balance sheet)
- Never resold, keeps you in direct communication with the original lender
- More transparency between the borrower and the lender (and the terms of the loan)
For more information on obtaining balance sheet lending or any questions regarding our funding process, get in touch with our experts at Mizar by clicking the button below.