Our services and strategies are designed around your specific objectives and financial needs.
Credit Risk Management
Homeowners/Condo Owners Associations
Cash Flow Forecasting
Financing Strategies
Treasury Management Sales and Service
Helping Community Banks
NorthStar Banking Advisors is a credit risk and treasury management advisory firm providing expertise to community banks in the development and implementation of commercial loan growth and treasury sales strategies.
We work directly with your commercial lending group to sharpen their underwriting skills, develop their lending strategies, and integrate the lending and treasury management teams. Our approach is to develop Credit Analysts into Credit Underwriters, elevate Relationship Managers to Trusted Advisors, and educate Treasury Sales Officers to be consultative strategists. We will also work directly with bank clients to improve profitability, increase cash flow, implement appropriate financing structures, and strengthen the balance sheet of the business, thereby establishing a sound financial foundation on which they can grow.
Helping Small/Mid-Size Business
NorthStar Banking Advisors will collaborate with your management team to develop and implement strategies for improving the financial performance of your business. Key strategies focus on improving profitability and cash flow, ensuring efficiency of cash collection and disbursements, identifying and acquiring appropriate sources of capital, and building a healthy balance sheet on which the business can grow. Our services include reviewing and organizing financial statements for accuracy, developing revenue/expense and cash flow forecasts, identifying appropriate financing sources and structures, and restructuring debt (as needed).
Helping Condo/Homeowners Association Boards
NorthStar Banking Advisors will collaborate with your Association’s board of directors to develop and implement strategies for funding maintenance and/or replacement critical components of your properties. Our services include, but are not limited to, preparation of annual budget and reserve allocation, evaluation of reserve studies (including SIRS), strategies for appropriate accounting and adequate funding of reserves, and working directly with financial institutions to acquire financing (as needed).
Our Process
Our strategic process always begins with understanding the client's business, financial performance, the industry, management's current goals and objectives, and the experience of your people.
Why NorthStar?
We have over 35 years' experience developing financial strategies and solving complex problems for a broad array of financial institutions and businesses.
Our Clients
Our local and regional financial institution clients range in size from $250 million to $2 billion in assets. Our banking advisory services include:
- Commercial credit underwriting
- Portfolio review and due diligence
- Regulatory exam preparation, post exam response and reporting
- Treasury management sales training, deposit growth strategies
Our small/mid-size business clients range in size from $2,000,000 to $50,000,000 in annual revenues, and span a broad range of industries. While every client situation is different, typical engagement objectives include:
- Financial statement review and organization
- Profitability and cash flow trend review and analysis
- Preparation of revenue/expense and cash flow forecasts
- Gross profit margin improvement strategies
- Develop and implement financing strategies
- Implementation of efficient cash management processes
- Evaluation of business acquisition or fixed asset purchase
Condo/Homeowners Association Boards are faced with the challenge of adequately reserving for rapidly escalating replacement costs of critical components such as roofs, paint, pavement and other items. Recent legislation in Florida (Senate Bill 154) added requirements for Structural Integrity Reserve Studies (SIRS), increasing the number of components that must be considered. Properly budgeting for ongoing maintenance, and accounting for and funding replacement reserves (including SIRS funding) has become significantly more challenging. NorthStar Banking Advisors provides the following services:
- Review/evaluate and interpret reserve studies and SIRS reports
- Evaluate current budget, reserve methods and allocations
- Assist with preparing annual budget and reserve allocations
- Develop forecasts, and model various reserve funding strategies
- Collaborate with board, engineer, attorney as needed
- Work with banks to identify/acquire financing, where appropriate
Let us help you improve your business. Call, email or submit an online request for a free, on-site consultation.