Bank Vice President of Alternative Financing?
Now here’s an idea. Imagine a world where traditional banking institutions could also have an offering for alternative financing. This article seems to suggest this would be a good idea:
Our VP/AF would have a stable of private lenders, mortgage brokers and investors to which the nascent entrepreneur can be referred. In fact, the bank can offer an immediate benefit to the borrower in the form of a reduced fee for a loan funded by one of the bank’s private partners. Any private lender or loan broker would be eager to give up revenue in exchange for a bank feeding them business.https://www.postindependent.com/news/business/bankers-hours-column-banks-need-a-vice-president-of-alternative-financing/