Riverfront offers convenient financing for members seeking services from our merchant partners*. For questions about financing options for services from any of our current partners, we invite you to contact Wilhelmina DiBonaventura, Riverfront’s Electronic Services Coordinator.
Meet Wilhelmina DiBonaventura, Riverfront’s Electronic Services Coordinator
I’d like to personally thank you for your interest in Riverfront’s Merchant Partner* program.
As a financial services cooperative, Riverfront makes a concerted effort to partner with local businesses that share our dedication to building a strong community. Along with our merchant partners*, Riverfront can stay true to our mission of putting members in a better financial position.
Whether you’re looking to finance roof repairs, landscaping, new construction or spa services, I can assist you with financing to fit both your budget and lifestyle.
I look forward to speaking with you!
Riverfront offers convenient financing for members seeking services from any of our current merchant partners*.
Contact Willa
📞 Call Wilhelmina at 484-345-4102
💬 Connect through Riverfront Live
* Our credit union offers financing options to members that may be introduced through merchant referrals. However, the credit union does not endorse, guarantee, or assume responsibility for the products, services, or sales practices of any third-party merchant or dealer that refers members for financing. All loan approvals, underwriting, and account management are conducted solely by the credit union in accordance with our internal policies. Members are encouraged to exercise independent judgment and fully review the terms of any financing arrangement. The credit union is not responsible for any issues, disputes, or losses arising from transactions with these merchants.
Commercial Services FAQ’s and Information
What Exactly is a Commercial Loan?
As the Chief Lending Officer at Riverfront Federal Credit Union, I’m often asked “What is a commercial loan or a business loan?” Basically, a commercial loan is the same as any other type of loan; except the lending institution is loaning money to established entities such as a business, partnership, a limited liability company or a corporation. So what are the main differences?
The process for commercial lending definitely has a unique approach when it comes to underwriting. The lending institution will look at cash flow of the company first to see if the company generates sufficient cash flow to support the loan amount. Second to cash flow, is the evaluation of collateral. For example, if the loan is utilized to purchase equipment, then the equipment becomes the collateral. If the loan is utilized to purchase a commercial building, then the building becomes the collateral. In some cases, a loan may be unsecured -whereas no collateral is offered. In these cases, the cash flow of the operating entity becomes even more important. Contrasting this type of loan to a consumer loan; whereas a credit score or debt to income may have a higher emphasis on underwriting.
Riverfront Federal Credit Union specializes in commercial lending. For more information, please call Anthony Pomponio at (484) 345-4160 and we can discuss your business needs with the goal of improving cash flow and making your business a success!
