Diverse Lending Options Are Accelerating Growth at Anchor Bank

September 9, 2022

As of June 30, 2022, Anchor Bank had increased its loan volume by a staggering 40% over the same period last year to reach $183 million, placing it 16^th out of the top 40 banks in Florida for loan growth.

“Our success is a result of our unwavering commitment to our diverse clientele,” said Anchor Bank President and CEO Nelson Hinojosa. “Our customers and their situations are unique so our focus is to customize financing solutions that best fit their needs.”

One example is Anchor Bank’s Non-Resident Alien (NRA) Loan Program which underwrites real estate loans based on the borrower’s income generated in his or her country of residence.

In June, the Bank launched its Warehouse Line of Credit Program, a form of commercial asset-based lending that provides mortgage brokers an opportunity to transition to mortgage lenders by allowing them to close loans on their own.

The Bank’s SWAP program has become of strategic value to its clients in this uncertain rate environment where clients are more interested in locking in long-term rates with our bank.

The Bank also offers accounts receivable financing through Capital Express which offers businesses immediate access to their cash.

The Bank also offers standard business loans, commercial real estate loans, commercial construction loans, real estate secured loans, HOA loans, and business lines of credit.

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