WE TRANSFORM BUSINESS NEEDS INTO SOLUTIONS THAT GROW WITH YOUR BUSINESS.
Tackle Tax Payments with Insurance or Securities-Backed Line of Credit
A large tax bill can catch anyone off guard, and the best way to handle this unpredictable situation is to start conversations early on. As financial professionals meet with clients to proactively plan for the 2024 tax season, one of the first items to cover should be how to strategically pay their 2023 tax bill by utilizing assets, preserving wealth, and keeping portfolio investments in place.
Empowering Growth Through Experience
The Bancorp is committed to investing in young talent by giving students the opportunity to gain practical knowledge through meaningful work in the financial industry.
Partner for Life: Guiding Clients Through Financial Milestones
Through our Institutional Banking business, The Bancorp works with financial professionals to offer clients unique banking solutions that help provide financial flexibility and keep their wealth management goals on track.
D&I at The Bancorp:
Instituting Inclusion Through Employee Resource Groups
From fostering leadership to promoting environmental friendliness and supporting working families, the vibrant ERGs at The Bancorp create an environment where diversity thrives, and inclusion ignites innovation! Our Employee Resource Groups (ERGs) help drive our inclusive culture by empowering employees to connect, collaborate, and grow professionally.
The Bancorp Internship Program
From the Classroom to the Real World
Contemplating a rewarding experience in The Bancorp Internship Program? Dive into a firsthand account of an intern from The Bancorp Internship Program Class of 2023!
Create Your Own Story
Debt Consolidation
with an SBLOC
For clients looking to manage debt, The Bancorp SBLOC can provide an option that simplifies loan payments in tandem with working toward wealth management goals.
Take Your Own Advice:
Creating a Successful Succession Plan
Financial professionals regularly provide guidance to clients on major life decisions like planning for retirement. When it comes time for financial professionals to step down from the industry, it’s important to have a solid and structured plan in place.
Meet the Class of 2023:
The Bancorp Internship Program
The Bancorp Internship Program provides students from diverse backgrounds with meaningful work experiences, an opportunity to learn, and allow them to gain practical knowledge in their field of study from experienced professionals in the financial industry. Meet our Intern Class of 2023!
Institutional Banking Partners with the Association of Financial Educators
Understanding and applying financial concepts is necessary for anyone looking to manage their money confidently.
Refining Balance Sheets & Other Benefits of Selling
Loans & Leases
When facing liquidity challenges, selling loans and leases on a secondary market can be a strategic option to optimize balance sheets, manage lending limits, and collect additional fee income.
Create Your Own Story
Expanding a Medical Practice with an IBLOC
What happens when a medical practice is ready to set the stage for its next chapter? As we travel further into our Create Your Own Story series, our Institutional Banking team shares how an Insurance-Backed Line of Credit can help owners of medical facilities expand their practice.
Unlocking Career Opportunities through
Veteran Values
Military service instills values that many veterans carry with them throughout their lives. In this blog, Kaylie Churchsapp, Navy Veteran and FCRM Investigations and Reporting Analyst at The Bancorp, shared her experience and the most important values she applies in her career today.
Going the Extra Mile Toward Growth: GM Equipment Rentals
When the right opportunity for business growth presents itself, sometimes having the right financial partner can make a big impact. In this blog, we share how the experts from our Commercial Lending team used an all-hands-on-deck approach to help GM Equipment Rentals expand its business
D&I Excellence Awards: Celebrating Leadership and Innovation in D&I
Diversity & Inclusion (D&I) programs are a critical component of every corporate culture to help assure all employees feel heard, respected, and valued. But even the most detailed D&I program can only succeed with the support of employees
Create Your Own Story
Homebuying with an IBLOC
Home purchases can be significant plot points in a client’s life. Using an Insurance-Backed Line of Credit, financial professionals can offer a unique solution that helps change the setting of their story.
Maturing Business Growth:
2023 Senior Living Trends
The coming wave of baby boomer retirees brings new challenges and opportunities to senior living facilities. Now is a great time for senior living facility owners and operators to evaluate their potential growth needs to accommodate the aging baby boomer population.
Introducing IBLOC for Universal Life & Indexed Universal Life Insurance
An Insurance-Backed Line of Credit (IBLOC) offers an innovative lending solution to clients with eligible permanent life insurance policies, which now includes universal life and indexed universal life insurance in addition to whole life insurance. By expanding its product offerings, The Bancorp’s Institutional Banking can provide financial professionals and their clients greater access to tap into their policy’s cash value.
Create Your Own Story
Buying a Home with an SBLOC
The SBLOC is a strategic way to generate liquidity while preserving assets. As a long-term, liquidity source with competitive rates and flexible terms, the SBLOC can simplify the storyline for building client wealth.
Reinvigorating Commercial Real Estate Lending through SBA 504 Loans
Redefining lending and leasing drives The Bancorp Commercial Lending to continuously evolve how it fulfills the needs and expectations of business owners. To help accomplish this, Small Business Lending welcomes Debbie Petrell to expand its SBA 504 Lending opportunities. In this blog, she shares her background and how Commercial Lending offers unique lending solutions that help lay the foundation companies can build upon.
Tackle Tax Payments With an Insurance or Securities-Backed Line of Credit
A large tax bill can catch anyone off guard, and the best way to handle this unpredictable situation is to start conversations early on. As financial professionals meet with clients to proactively plan for the 2023 tax season.
Create Your Own Story
Paying off Policy Loans
with an IBLOC
When life presents unexpected opportunities, clients often need access to liquidity fast, which can include taking out loans from a whole life insurance policy. In this part of our Create Your Own Story series, our Institutional Banking team shares how clients can rewrite their future using an Insurance-Backed Line of Credit to pay off older policy loans while still having the freedom to access funds.
Create Your Own Story
Financing a Business Acquisition with an SBLOC
The SBLOC is a financing path less traveled, compared to traditional loans, to acquire the business of your dreams and plant the seeds for a brighter future.
A Guide to Commercial Lending, Part 2: Commercial Fleet Leasing
Achieving success with your business can often require acquiring or replacing fleet vehicles. In the second part of our Guide to Commercial Lending, The Bancorp Fleet Leasing experts guide you through the process with a strategic approach and an experienced team of fleet lessors.
Broadening Diversity at The Bancorp through Education and Service
At the core of culture at The Bancorp, we believe every person offers a unique and valuable perspective that helps establish an environment where everyone can develop and thrive.
How an IBLOC Lender Values a Life Insurance Policy
The most inherent benefit of life insurance is providing peace of mind and financial protection for your loved ones with a funded estate plan. But some life insurance policies offer additional financial advantages that can be leveraged beyond the death benefit — including loans.
Future of Fintech: Understanding Faster Digital Payments
As payments services continue to adapt in a growing digital landscape, companies in practically every industry are looking for ways to safely complete faster transactions for their customers, vendors, and clients. In a wave prompted by the challenges brought on by the COVID-19 pandemic, there has been a significant increase in the adoption of digital payments in consumer, retail, and corporate payments.
A Guide to Commercial Lending, Part 1: Small Business Lending
When business owners start to navigate the process of securing a loan for their business, there are foundational steps to consider that can help position the company in the best light for a potential lender.
Accessing Liquidity through Wholesale Transactions
As the economy tightens, finding access to liquidity and capital can be vital for lenders and lessors looking to attract new customers. Though there are several avenues available to accomplish this, a simple option that is often overlooked is the sale of loans and leases on the secondary market through a wholesale transaction.
How To Find The Right Partner For Holistic Wealth Management
The most inherent benefit of life insurance is providing peace of mind and financial protection for your loved ones with a funded estate plan. But some life insurance policies offer additional financial advantages that can be leveraged beyond the death benefit — including loans.
Inflation and its Impact on Small Business
Businesses all over the country have worked tirelessly to adjust to the “new normal” and the lingering impacts caused by the pandemic. But just as some owners may have found some stable footing, the ongoing rise in inflation has once again forced companies to reevaluate their budgets and business models.
Top Three Tips for Rising Financial Professionals
Building and maintaining a book of business as a rising financial professional can feel like a mountain to climb, particularly in a crowded environment.
The IBLOC: A New Avenue to Manage Wealth
The Insurance-Backed Line of Credit (IBLOC) offers financial professionals and their clients a way to create liquidity while preserving wealth. In ThinkAdvisor webinar, The Bancorp experts Abdbullah Rajput, Director, IBLOC Lead and John Protlich, Director, Regional Business Development Officer, take a deep dive into the IBLOC.
Questions for Lawn Care Businesses That Want To Be Acquired
Many lawn care businesses are juggling a combination of consistent, increasing demand for services and an aging/shrinking workforce. For these business leaders, it’s vital to examine the business within the context of the following questions as they begin to plan for the future and determine if acquisition is the best course of action.
The Chip Shortage: One Year Later
As we near a full year since this issue began, The Bancorp takes a look at one of the hardest hit industries — construction — and forecasts what business owners may be able to expect as the shortage continues, as well as how to navigate the situation until it is a thing of the past.
Employees That Serve: Uniting The Bancorp Community through Service
Service to others is a unifying force that brings people together. It can take many forms, whether it be participating in local community service or serving your country, service means rising to the occasion for others.
What Market Volatility Means for The Bancorp SBLOC
Volatile financial markets have become a concern for financial professionals and their clients alike. Over the past several months, critical economic indicators and geopolitical events have generated a “perfect storm” of uncertainty in global markets.
The Bancorp IBLOC Leadership Roundtable: IBLOC 101
Abdullah Rajput, Director, IBLOC Lead and John Profitlich, Director, Regional Business Development Officer, offer insight and suggestions to help financial professionals and their clients better understand the uses and benefits of an IBLOC so they can make better financial decisions.
Celebrating Resiliency: Small Business Week 2022
There is no question that small business owners have been through a tumultuous time over the past few years. Through the hardships brought on by the pandemic and its ongoing economic and social impact, business owners have dealt with unparalleled pressure to remain resilient and determined to sustain and grow their companies.
Independently-Owned Assisted Living Facilities Are Primed for Success amid Exponential Industry Growth
There are more than 70 million baby boomers in the United States who are at or near retirement age, and about 70% are expected to enter some type of assisted living facility (ALF) in the future. This, coupled with the fact that Americans are living longer, has prompted many older Americans to turn to ALFs to serve their needs, which has generally driven remarkable growth in the industry.
How the Infrastructure Bill Will Affect the Commercial Construction Industry
For years, Congress debated the need for a bill that would strengthen and reinforce America’s deteriorating infrastructure. On November 15, 2021, President Biden signed a historic $1.2 trillion bipartisan infrastructure deal, titled the “Infrastructure Investment and Jobs Act,” into law.
Looking Back and Forward: A Review of Trends in the Construction Industry
At the start of the coronavirus pandemic in March 2020, like so many other areas of infrastructure, the construction industry came to a grinding halt due to health and safety concerns. As businesses tried to return to “normal,” they were (and continue to be) faced with delays.
Why Lawn Care Businesses Are Primed for Market Consolidation
With a greater focus on home improvements, coupled with the ongoing maintenance required by homeowners, businesses experienced a slew of return customers who not only wanted services, but needed them.
Part II: What to Know about Growing Your Home Services Business: Acquiring a Stand-Alone Small Business
For small home services businesses on the receiving end of increased demand, operating as-is may no longer be feasible or sustainable. As owners vet their opportunities to capitalize on growth, many roads may lead to acquisition, whether that be a franchise or another stand-alone business.
Take on Tax Season with an Insurance or Securities-Backed Line of Credit
While some may be eager to continue building their investment portfolio or venture to pursue new investments, there is one major financial obligation important to plan for: 2021 taxes.
Part I: What to Know about Growing Your Home Services Business: Acquiring a Franchise
Despite the ongoing pandemic and rampant shortages of workers and supplies, small businesses still account for 99.9% of businesses in America1, and many are continuing to thrive despite these struggles.
Understanding the IBLOC: How to Access Liquidity with an Insurance-Backed Line of Credit
Managing long-term financial goals can be a difficult task for both individuals and the financial professionals managing their portfolios, especially when access to liquidity is needed fast.
Business Lessons That We Learned From 2020-2021
As we near year two of the worldwide coronavirus pandemic, the future continues to be a bit uncertain. One thing that remains clear is that business owners — both large and small — will continue to learn from and adapt to the challenges and opportunities before them.
The Impact of a Delivery-On-Demand Economy
The on-demand business model has grown exponentially in recent years as businesses have increased their digital offerings, and the impact on businesses has been felt across industries.
Small Business Spotlight: Mansfield Funeral Home
Last November, Christie K. Moore, CEO and Funeral Director of Mansfield Funeral Home, was running the funeral home, which she acquired in 2016, with plans to open a crematory on the property — while also running her second successful business, Peaceful Pets DFW, which she established in May 2020.
How to Make the Most of 2021 Annual Reviews
As we close out 2021, the impact of the COVID-19 pandemic continues to affect our social and economic outlook. Now more than ever, clients will benefit from proactive wealth management strategies, especially with lessons learned from the past year.
Reaffirming Our Commitment to Diversity & Inclusion Through Growth
At The Bancorp, diversity, inclusion, and collaboration are the core principles that guide our work and promote a fair and equitable culture. As our Diversity & Inclusion program continues to grow with the addition of our new Program Coordinator, we recommit ourselves to these values to help drive innovation while fostering a sense of belonging.
The Future of the Company Car
Although most sales teams cannot afford to neglect the inherent selling power of forming and sustaining in-person relationships with potential and existing clients, businesses have been operating within virtual sales models for the majority of the year and have seen success in this new approach. With remote and hybrid working models becoming the new norm, is the future of the company car in question?
The Bancorp Partners with The Brotherhood Ride to Honor Fallen First Responders
One group of Florida firefighters has made it their mission to remember fallen first responders. After tragedy struck, they transformed their vow to “Never Forget” into an annual bicycle ride that travels hundreds of miles to honor the fallen.
Business Expansion in a Post-COVID World: Spotlight on Veterinarians
With millions of animals in new homes throughout the pandemic, the past year has shed a spotlight on the transformation the veterinary care industry will need to undergo, and the potential business extensions necessary — such as fleet vehicles — to meet increased (and ongoing) demand, as well as the subsequent financial considerations.
Fintech Solutions: Defining Payment Partnerships
By harnessing a partner-first approach, The Bancorp defines what it means to help improve payment ecosystems. Ryan Harris shares how Fintech Solutions provides its partners with cutting-edge technology and industry-leading support to help move the payments industry forward.
What Small Business Owners Need to Know about Succession Planning
While succession planning is something that all small businesses should be considering, the coronavirus pandemic jolted many small businesses into thoughtful planning for the future, whether it’s navigating unforeseen challenges or planning for future generations of leadership and ownership.
How To Establish and Maintain Your Company’s Competitive Edge
The coronavirus pandemic has forced us to redefine activities that were once standard in our day-to-day lives, changing the way we shop, socialize, and do business. But what has remained constant is the value placed on supporting the heavily impacted “Main Street”.
Learning & Development: Engaging, Educating, and Empowering Employees
At The Bancorp, we are dedicated to providing employees with resources to grow and thrive in an open, collaborative, and inclusive environment. In this blog, we explain what makes an effective Learning & Development program and how to keep employees engaged and excited about their career growth.
The Future Trajectory of the Electrification of American Vehicles
Over the past decade, there has been a global call on drivers, auto manufacturers, and companies at large to reduce their carbon footprint. Since taking office, President Biden has made that call even louder with proclaimed plans to electrify America.
How to Find the Right Partner for Holistic Wealth Management
The Bancorp banking products and services create opportunity for holistic wealth management. With our white-label lending and deposit products, financial professionals can directly offer clients’ the financial flexibility to meet their individual needs, while strategically managing assets and liabilities to preserve wealth.
Business Expansion in a Post-COVID World: Spotlight on Senior Living
The senior living industry is at a crossroads. Currently, the number of retiring Baby Boomers will exceed available facilities and their expectations include high-end amenities like gourmet dining and golf courses. However, with a growth mindset and the availability of SBA loans, senior living facilities have the opportunity to grow and redefine what life looks life after retirement.
ERG Spotlight: Employees That Serve
At The Bancorp, Employee Resource Groups bring employees together under a common unifying thread. David Mulrooney shares his experience as a founding member and co-chair of one of our ERGs, Employees That Serve.
Homebuying Made Easy with The Bancorp SBLOC or IBLOC
The short supply in the real estate market has resulted in the need for fast down payments or cash purchases. When your clients need fast access to funds, The Bancorp Securities-Backed or Insurance-Backed Line of Credit (SBLOC and IBLOC, respectively) can be the answer.
Ask the Expert: 5 Things Business Owners Need to Know About the Global Semiconductor Chip Shortage
Because of the shutdown, fleet orders for the 2021 model year have been cut-off much earlier than normal, and as a result, businesses that are currently looking to replace or add vehicles to their fleets may have noticed that it’s becoming increasingly difficult to do so.
Top Four Considerations for Entrepreneurs Launching a New Business
Starting a new business can be one of the most rewarding experiences of your life. And with the right preparation, you can increase your chances for success and build a business that lasts well into the future.
The State of Government Fleets: Shifting to Electric Vehicles
While tax incentives will help cut costs for departments with already tight budgets, there are other benefits for governments to shift their fleets to electric, including improved departmental image, as well as reduced maintenance costs.
The Importance of Preparing Your Fleet Ahead of Peak Spring Season Demand
A great way to prepare for peak season is to ensure the company’s fleet is not only on a cyclical maintenance schedule but also a proper replacement schedule.
Start Your Career at
The Bancorp Confidently
If you’re considering a career change but apprehensive of starting your next venture remotely, it’s not as scary as you may think. Believe me, I went through the process myself.
Pay your taxes and stay in the market with a securities-backed line of credit
As we turn the page on a tumultuous year, many of us are looking ahead to a better and brighter 2021. And while the pandemic will hopefully fade into memory, one thing is still unavoidable: taxes.
The State of Government Fleets: How The Coronavirus Pandemic Continues to Spar With The Industry
As the coronavirus resulted in production lockdowns in the automobile industry, government agencies faced difficulty with both acquiring fleet vehicles and meeting their needs within a tighter budget. With The Bancorp Commercial Fleet Leasing, government agencies may benefit from end-to-end fleet leasing services with bank-direct financing and custom lease plans.
It’s More Critical than Ever to Focus on the Customer Experience
Since the start of the coronavirus pandemic, businesses have been forced to think differently about how they operate – and one thing that’s become clear during this time is that delivering an excellent customer experience is no longer an option; it’s essential.
Diversity & Inclusion – It Starts from the Top
At The Bancorp, we champion a diverse and inclusive culture that rests on the fundamental belief that everyone deserves dignity and respect. We recognize that each person has unique perspectives and skills and because of this, we strive to create an environment in which everyone is valued and has the opportunity to thrive.
2021 Fleet Leasing Predictions Following an Unprecedented Year
2020 was certainly an unprecedented year for businesses of all sizes and industries of all kinds. For some, we’ve championed their successes and mourned the undoing of others. But as we begin to see a light at the end of the tunnel, there are still many unknowns that remain as we try to anticipate what 2021 will bring.
A Year in Review: Top Three Business Lessons Learned in 2020
Though 2020 started as the “year of vision”, the way it unfolded was unforeseen by most. It tested resilience and strength, particularly of businesses both large and small, pushing owners to revamp their business models, go on a temporary hiatus, or shutter storefronts altogether.
A Perfect Pair: Why Small Business Lending and Commercial Fleet Leasing Go Hand-in-Hand
The Bancorp’s Small Business Lending and Commercial Fleet Leasing divisions have always provided best-in-class service and solutions to clients, no matter their need.
Small Business Success Stories to Be Thankful For
Curren Flooring Company; Mansfield Funeral Home; and Sawyer’s Fun Park, Home of AirU. At first, it may sound like these three businesses have nothing in common, but there is a common thread that brings them together—all three business owners had a vision for growth, expansion, and success, and partnered with The Bancorp Commercial Lending team in hopes of transforming this vision into a reality.
How to Make the Most of 2020 Annual Reviews
There is no doubt that this year’s client annual reviews will be different. With the COVID-19 pandemic still causing both social and economic uncertainty, it will change the way we interact with our clients.
Leasing Benefits with Current Economic Headwind
As the nation moves toward recovery, new realities are emerging as a result of the coronavirus (COVID-19). Activities that were once standard in our day-to-day lives have become less common, or have disappeared altogether. We shop differently. We socialize differently. We do business differently.
Lending a Helping Hand to Make a Difference
In an effort to prioritize health and safety early in the pandemic, state and nationwide orders forced schools to close and children to finish the remainder of the school year online, while companies adopted work-from-home arrangements or altered the frequency of in-person shifts.
The Bancorp Shouts Out to a Competitive Cheerleading Business
Now is a great time to share small business stories of strength and resilience. Especially one like Top Gun Orlando, which was able to both expand and continue operating with Small Business Administration (SBA) and Paycheck Protection Program (PPP) loans from The Bancorp.
Chalk Up Long-Term Education Savings with an SBLOC
An SBLOC can help minimize the long-term costs of a college education. Advisors are coming to that time of year when parents are looking for advice on how to fund their child’s college education.
Buy that Dream House and Preserve Investments with a Securities-Backed Line of Credit
Do clients often come to you to discuss the quick purchase of a new home or another piece of real estate? Perhaps it is that one last spot in a retirement community or a new beach house that was just listed.
On the Road to SBA Financing: Preparing to Meet Your Banker
The arrival of fall finds diehard college football fans traveling the nation’s roadways to support their favorite team in the latest gridiron contest. Ask any of these Saturday road warriors, and they will tell you that preparation for the next road trip begins as soon as they arrive home from the last game.
SBA Loan Closing: It’s Not the Grand Finale
Congratulations, your Small Business Administration (SBA) loan has closed! Maybe you’re using the proceeds to buy a business, refinance debt, purchase real estate, start a franchise or for some other business purpose.
SBA Construction Financing: A Blueprint for Success
Construction financing secured through the Small Business Administration (SBA) can hold its share of challenges for the small business owner, regardless of the project size.
SBA Loan Closing: 8 Top Things You Can Do to Be Prepared
Getting your Small Business Administration (SBA) loan approved is an important first step, but getting your money in hand requires a successful loan closing.
Betterment Holdings, Inc. and The Bancorp, Inc. Continue Partnership
Financial Advisory Industry Disrupter Betterment Renews Contract with Payments Leader, The Bancorp, Inc. NEW YORK and WILMINGTON, Del. (DATE) – The Bancorp, Inc. (NASDAQ: TBBK) and Betterment Holdings, Inc. (Betterment) recently announced a contract renewal agreement.
Paving the way on the road to success
Twenty-five years ago, a stroke of good luck helped launch my career as a small business lender. Since then, it’s been my privilege to champion the small business sector and all the ways it contributes to our country’s economic vitality.