Using credit as a strategic tool

Credit can be a powerful financial lever when applied effectively. The key is knowing how and when to use credit. We’re here to show you the best way to use your resources to make strategic credit a sensible part of your overall financial plan.

Big-picture thinking

We take a wide-angle view of your entire financial landscape. Then we identify the most effective funding sources to capitalize on opportunities or cover major expenses without disrupting your overall financial strategy.

You’ll get answers to difficult questions, such as:

  • When do I rely on savings and investments to help meet major cash needs—and when do I look to other sources?
  • How can I leverage my assets to purchase a home or commercial real estate, buy into a business, or take advantage of an investment opportunity?
  • How much credit is optimum at any stage in life—and what are the best steps for structuring my credit?
  • What are the potential tax implications of credit-related actions?

As a Truist Wealth client, you’ll benefit from lending solutions designed to address your personal and business needs. Working in conjunction with your attorney, CPA, and others you designate, your Wealth team includes specialists in:

  • Personal and commercial mortgages
  • Securities-based lending
  • Liquidity
  • Business acquisition and transition planning
  • Credit restructuring and possible debt reduction
  • Buy-in equity financing for medical, legal, and other professionals
  • Investment and estate planning

Credit solutions for just about every situation

Whether your needs are for charitable, business, legacy, or personal reasons, we’re equipped to help. Our recommendations take into account your current circumstances as well as your future goals.

Personal credit solutions

Funds can be used for a variety of purposes, including:

  • Emergency credit needs
  • Short-term credit needs
  • Personal expenditures
  • Financing for vehicles, homes, aircraft, marine and watercraft
  • Bridging cash flow

–For clients such as business owners, and medical and legal professionals with variable incomes

Business investment solutions

Build and grow your business with funds for:

  • Startup and expansion
  • Real estate acquisition and project completion
  • Equity injection
  • Asset diversification

Charitable, legacy, and customized solutions

Get help with a wide range of credit needs, including:

  • Current and future liquidity needs
  • Short-term and long-term debt
  • Assets as security for loans
  • Tax and estate planning issues

Real-world strategic solutions

Building a legacy

Our client wanted to further his philanthropic goals while continuing to maximize the value of his estate. We facilitated a loan to his foundation, which was then used to fund the construction of a medical college building. This solution helped build his legacy while optimizing his tax-planning strategy.

Protecting the value of a trust

We helped a client lock in the appreciation of a Grantor Retained Annuity Trust (GRAT) by using a loan secured with other assets—and replacing the appreciated assets with the loan proceeds. The loan can now be repaid through the GRAT’s annuity payment or other cash-flow sources. Our client was also able to protect—for the next generation—the trust’s value from gift or estate taxes.

Growing a foundation

Our client wanted to find a way to meet their pledge commitments to a foundation without having to liquidate low-basis stock. We helped them secure a line of credit, which was used to fund their commitments. They’re now free to repay the loan by liquidating shares of stock at a later date when a step-up in basis is expected, thereby reducing estate taxes.

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