Brand Aid. Trump Might Need A New Post Presidency Business Plan, As Banks Try To Distance Themselves From Him.

President Donald Trump boards Air Force One upon arrival at Valley International Airport, Tuesday, Jan. 12, 2021, in Harlingen, Texas, after visiting a section of the border wall with Mexico in Alamo, Texas. (AP Photo/Alex Brandon)

President Trump has had a long-standing and unique relationship with Deutsche Bank for the past three decades.  When Trump’s casinos had financial issues in the early 1990’s, Deutsche stepped in to become his main business lender. CNBC reported Trump currently has roughly $340 million in three different loans with the bank. 

These loans are scheduled to come due in 2023 and 2034, and Trump will have to pay those loans off in full at that time, because Deutsche will not allow him to refinance.

Trump’s other option at that time would be to find another bank to finance him, but that seems to be increasingly more of a long-shot, as businesses, banks and brands are distancing themselves from Trump, unwilling to be in business with him when his term ends next week.

If Trump were to not be able to pay the loans back, the bank could seize his golf courses and hotels that were used to secure the mortgages, and since Trump personally guaranteed the loans, the bank’s next option would be to get their money back by going after Trump personally.

What’s interesting about the Deutsche Bank relationship with President Trump is that in their three decades of working together, the bank has never lost money on him.

For those counting Trump out, it seems like an unwise prediction, for if nothing else he’s shown time and again his ability to bounce back from perceived financial disaster.

It’s very safe to assume his next act when he leaves the White House will be just as unpredictable, chaotic and newsworthy as all of his others.  And there will somehow be money there to finance it. 

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