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What is an NCB affinity partner?

affinity NCB partner
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What is an NCB affinity partner?

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To maximize our cooperative impact, NCB establishes relationships with cooperatives throughout the United States to provide access to a variety of best-in-class banking products to their business members. Examples of current affinity partners include the National Grocers Association, Ace Hardware, and Dunkin Donuts. Return to Top What is pledge financing? Pledge financing is a financing transaction whose primary source of repayment is pledges/gifts to the organization. For a community organization, the benefit of pledge financing is the freedom to move forward on a project without waiting for pledges promised in the fund-raising drive to be converted to cash. Return to Top What is the difference between revolving and non-revolving credit? A revolving credit means that a borrower can draw down funds for business purposes, repay the amount drawn and draw again up to the maximum agreed upon. In a non-revolving credit, a borrower does not have the flexibility to redraw on the funds paid. R

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