Differences and Explanation of "A", "B" and "C" Lenders & SIG is able to help with all these verticals!

What are "A", "B" and "C" Lenders:

"A" lenders are traditional banks and credit unions that offer traditional financing options. They typically offer the lowest interest rates and most favorable terms.

"B" lenders are finance companies that specialize in providing financing to organizations that have difficulty obtaining financing from "A" lenders. "B" lenders typically offer higher interest rates and less favorable terms than A lenders.

"C" lenders are typically private investors who provide financing to organizations with even greater difficulty obtaining financing from "A" and "B" lenders. "C" lenders typically offer the highest interest rates and least favorable terms, but may be the only option for some organizations.

Examples of "A", "B" and "C" Lenders:

"A" Lenders: Banks, credit unions, large financial institutions, and other traditional lenders – Banks such as; RBC, CIBC etc., or Credit Unions such as; Servus Credit Union, Connect First Credit Union etc.

"B" Lenders: Private lenders, alternative lenders, online lenders, and peer-to-peer lenders – private lending firms/ groups.

"C" Lenders: Hard money lenders, asset-based lenders, venture capital firms, and merchant cash advance lenders – individual lenders with personal capital.