Can Your Branches Make You Money?LOUISVILLE, Ky. -- BSG BSG Battlestar Galactica BSG Broadband Stakeholder Group (UK) BSG British Society of Gastroenterology (London, UK) BSG Business Systems Group BSG Business Solutions Group BSG Basigin Financial:
What: In an increasingly competitive marketplace, financial
institutions are looking for ways to bolster income and
profitability. Can a bank's physical property be a source for
increased income? Through a sale/leaseback transaction,
financial institutions can capitalize on real estate values to
generate funds - an option few financial institutions realize
and fewer actually execute. Sale/leaseback transactions
capture an institution's fixed asset value by selling its
branch and office properties to an investor and subsequently
leasing the assets back, thereby converting non-earning,
depreciated assets into investable capital.
Who: Barrett Nichols, founder and CEO of BSG Financial LLC, can
provide expert commentary on the mechanics and benefits of
sale/leaseback transactions. With more than 20 years of
industry experience, Nichols can speak expertly to the
following topics:
-- What are sale/leaseback transactions?
-- How do these transactions work?
-- What profitability/benefits can come from a financial
institution involved in sale/leaseback transactions?
-- Can they benefit financial institutions of all sizes?
-- Do sale/leaseback transactions mean the bank loses control
of its branches?
When: Nichols is available immediately for commentary.
About BSG Financial, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Louisville, Ky.-based BSG Financial develops and manages innovative, profit-enhancing programs for the financial industry. Its flagship program, "The Responsible Approach[TM]", uniquely provides the industry's first outsourced solution for courtesy overdraft A check that is drawn on an account containing less money than the amount stated on the check. The term overdraft is also used in reference to the condition that exists when vouchers management, CourtesyConnect[R], as well as the in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. OverdraftHonor[R] program. The company also provides Re$ubmitIt, an electronic recovery solution for returned deposit items that increases income for financial institutions and their commercial customers, and a sale/leaseback program to help banks and credit unions generate capital from non-earning depreciated Depreciated may refer to:
BSG Financial, recognized by Bank Technology News as an industry innovator, is privately owned and has offices in Kentucky Kentucky, state, United States Kentucky (kəntŭk`ē, kĭn–), one of the so-called border states of the S central United States. It is bordered by West Virginia and Virginia (E); Tennessee (S); the Mississippi R. , Texas, Florida and Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York . For more information about the company, visit www.BSGfinancial.com. |
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