Silver Hill Financial(R) Announces Strategic Alliance With Netbank(R) for Small-Balance Commercial Loans

Web-based Leader NetBank Serves Small Business Customers Via Silver Hill's Program 


MIAMI, May 11  /PRNewswire/ -- Silver Hill Financial, LLC ( http://www.silverhillfinancial.com/ ), a leading national real estate lender specializing in small-balance commercial loans, today announces its strategic alliance with NetBank(R), a leading Internet bank founded in 1996. Through the alliance, NetBank ( http://www.netbank.com/ ) will offer commercial loans to its growing number of small business customers in all 50 states.

"We welcome NetBank as our newest alliance partner, and are pleased to provide them with a streamlined commercial lending program to serve their small business clients," said Jerry Feinstein, Senior Director Correspondent Lending for Silver Hill Financial(R). "Like Silver Hill, NetBank is an innovator in its industry, and they recognize the value of offering more to customers without having to worry about training, hiring or scalability. Our strategic alliance will allow them to expand their product line and enhance their brand while we handle all the details of commercial transactions for NetBank's small business customers."

A strategic alliance with Silver Hill Financial enables lenders and financial institutions of all sizes to become instant commercial lenders through a customized approach where Silver Hill(R) completes the transaction and handles all back-office functions. Customers are able to harness the lender's "Commercial Lending Easy As Residential" advantage - a residential- style approach to commercial lending first introduced to the market by Silver Hill in 2003.

Through the alliance with Silver Hill, NetBank customers can apply for small-balance commercial real estate loans via their NetBank Relationship Manager. Transactions are then handled directly by a Silver Hill account manager assigned to NetBank's small business clients.

"We strive to offer our customers the types of products and services that help them succeed, and many small business owners are interested in commercial real estate for their business, or as an investment," said Bert Davis, Director of Small Business Banking for NetBank. "We selected Silver Hill's program because it enables us to provide customers with easy access to commercial loans." Davis notes that small business banking is one of NetBank's fastest-growing services.

For more information on Silver Hill's Correspondent Program, call 877.893.5278 or email  .

About Silver Hill Financial, LLC

Headquartered in Miami with regional offices throughout the country, Silver Hill Financial(R) is a nationwide commercial real estate lender that offers financing to borrowers through a network of mortgage brokers and correspondents. The company's innovative residential-style program makes commercial lending easy as residential, using flexible underwriting criteria ideal for borrowers seeking loans from $100,000 to $1.5 million. For more information on Silver Hill Financial, please visit http://www.silverhillfinancial.com/ or call us at 888.988.8843.

About NetBank, Inc.

NetBank, Inc. (NASDAQ:NTBK) operates with a revolutionary business model through a diverse group of complementary financial services businesses that leverage technology for more efficient and cost-effective delivery of services. Its primary areas of operation include personal and small business banking, retail and wholesale mortgage lending, and transaction processing. For more information, please visit http://www.netbankinc.com/ . 

DATASOURCE: Silver Hill Financial, LLC



CONTACT:  Kristin Seigworth, Silver Hill Financial, [phone], or





Web site:  http://www.silverhillfinancial.com/

http://www.netbankinc.com/ 

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