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Capital loans for firms
We understand that firms’ capital balances are essential to foster growth. We’re here to help by facilitating long-term loans which can finance a partner’s required capital injection to a firm, via our Partner Capital Loan Program. Our application process is streamlined and client-centered with products specifically designed for professionals at your firm.
As a trusted financial institution Citi Global Wealth at Work can be trusted to provide tailored advice and customized financial services for your firm. Our Partner Capital Loan Program offers countless benefits for your business and can help optimize growth via a quick and efficient funding stream.
By sponsoring a capital loan program, your firm can optimize your balance sheet without the the risks associated with corporate borrowing, as well as benefiting from more flexible credit funding option. In addition, firms can take advantage of competitive rates and terms when they sponsor a capital loan, as well as timely receipt of payments.
Partner Capital Loans minimize the administrative burden typically associated with loan applications. Upon partner completion of a Citi’s Personal Financial Statement (PFS), we can process paperwork with minimal input from the firm or partner. Approvals are based on the
Credit worthiness of the borrower, to minimize delays and additional burden on the firm.
At Citi Wealth at Work, we’re aware of the unique financial dynamics and challenges firms can face and understand the lending needs of working professionals. Our advisory services and sector expertise can assist in your firm’s financial planning goals and optimize growth opportunities.
How we serve you
Collaboration
In an ever-evolving financial landscape, we appreciate the need for flexibility.
Partners may be able benefit from a longer loan tenor on their capital loan, by leveraging the strength of their law firm, compared to a loan application made by an individual on an unsecured basis.
Where a direct deposit already exists with Citi Global Wealth at Work, partners may also qualify for a discounted rate on their capital loan, further reducing the financial burden on the partner and firm.
Protection
We understand the financial operations of firms and their unique cash flow processes, and the need to mitigate financial risk.
If approved, we can extend interest-only repayment options initially which defers principle payment onset. In addition, partner benefit loans are unsecured, reducing collateral requirements on firms, allowing them to focus on growth ambitions.
Our expertise in financial lending practices, means that we can work together on the best financial solution, tailored to your firm’s needs.
Flexible
We apply the standard terms, as agreed with the firm, to all partners in the US to reduce time needed to review T&Cs and protect your interests.
Should it be beneficial to your business requirements, we can direct principal and interest payments to Citi on behalf of the partners. In addition, we can extend customized repayment plans that align with the complex financial nature of firms, providing flexibility in repayment schedules.
At Citi Global Wealth at Work, we’re here to provide you with support and guidance, and are committed to building long-term relationships based on trust and understanding of your financial needs.
2024 Citi Hildebrandt Client Advisory
Given the high likelihood of a recession, we expected that firms with a tilt toward down cycle practices would fare better than those who are heavily dependent on M&A and capital markets practices. This is indeed what we have seen so far this year.
