Charles sent a message to Greg D. Carmichael – Chief Executive Officer of Fifth Third Bancorp – Email Address that said:
Greg,
I have been a Fifth Third customer for several years. We have both personal and business accounts. It would be nice if 5/3 would find a way to help me finance my business instead of ways to not help. My business is investment properties, 5/3 has an interest only loan that will help my cash flow by about $10000 per year. Which will allow me to pay off the mortgages much sooner then the normal plan. With 6 mortgages my FICA score is around 800. I was applying for 2 interest only loans that would payoff one house completely. All I get is a declined. There was no one who was really trying to work with me to find a way to get this done. I had applied for the loans and didn't include my wife, perhaps if they would have come to me saying she needed to be included on the loans and there are no issues and can have it processed would have been a refreshing change.
Perhaps my small business is not a big deal to 5/3, my guess is there are others who feel the same. It is not like I am a risk, my financial history shows I pay my bills.
Saddest part is you have better products but not really willing to help the small business.
Thanks for your time!
Kind Regards,
Charles