Hanover Securities is a new name in the industry but one of the most experienced teams of government guaranteed loan (GGL) secondary market trading professionals in the nation. Hanover Securities is a registered broker-dealer, FINRA member, and one of the ten SBA-approved pool assemblers in the United States. Hanover provides financial institutions with an experienced and cost-effective resource for building more profitable balance sheets by providing a broad range of products. Pools with characteristics of high credit quality, low risk-weighting, and rate sensitivity are presented to astute SBA pool investors. An efficient and accurate Settlement Desk exceeds expectations by ensuring that trades are closed and funds are transferred quickly. Hanover’s proprietary investment tool empowers financial managers to evaluate bonds and analyze alternative financial strategies.
The history of the firm lies with the history of its principals, who have devoted their lengthy careers to the niche, GGL secondary markets. Over the years, the team has expanded to include all of the skill sets vital to any GGL trading operation, including sales, trading, and operations staff – all specially focused on the guaranteed loan markets. Joel Banes and John Hanover have been friends since childhood. Their combined strengths make Hanover Securities as solid as their lifelong friendship.