The Bancorp Bank, a wholly-owned subsidiary of The Bancorp, joined the roster of lenders on the Envestnet Credit Exchange, providing financial advisors with access to securities-backed lines of credit.

“We continue to add select, highly qualified lenders to the Envestnet Credit Exchange to enrich the suite of credit solutions that enable advisors to help clients manage both sides of the balance sheet,” John Yackel, head of strategic initiatives at Envestnet, said. “The Bancorp’s securities-backed lending product provides advisors and their clients with broader options for making financial wellness a reality for more clients.”

Registered investment advisers (RIAs) and enterprises have access to The Bancorp’s securities-backed loan product through the Envestnet Credit Exchange, including pre-qualified loan opportunities to present to their clients. The Bancorp then expedites loan approval through its Talea platform.

“Talea enables speed and simplicity in loan origination for our Securities-Backed Line of Credit (SBLOC) product, giving advisors and enterprises the confidence to share trusted client relationships with The Bancorp,” John Leto, executive vice president and head of institutional banking at The Bancorp, said. “We are glad to work with Envestnet and the Envestnet Credit Exchange to offer the benefits of Talea to more advisors and investors across the country.”

The Envestnet Credit Exchange, powered by the Advisor Credit Exchange (ACx) and launched last year, is available through the Envestnet platform’s sponsor and advisor portals. The Credit Exchange generates a data-driven selection of pre-qualified loan opportunities for clients, alongside pricing details and terms for each potential loan.

“Advisors can communicate with clients about relevant lending opportunities with confidence and demonstrate greater value for clients when they harness actionable intelligence from the Envestnet Credit Exchange,” Peter Stanton, CEO of the Advisor Credit Exchange, said. “Expanding our lineup of respected lenders makes it possible for advisors to help manage credit for clients as part of a unified advice offering while mitigating risk and increasing transparency.”