Loan Application Process

The process of obtaining a business loan or commercial loan is not a difficult one but it requires of some specific information so that we get a clear idea of what is your company looking for and how to get the best possible fit to your specific needs.

This is a summary of the loan application process:

1. We receive two pieces of information
A. An Executive Summary from you. This summary doesn’t have to be long (1-2 pages maximum.) In it, please specify the following:
Name of owner of business
Name of business, location of business
Contact information
What business are you in
What – what is the amount of funds you need and what is the purpose of the loan
When – for how long do you need the money?
How- How do you intend to pay back
B. The owner’s credit report showing all 3 scores above 650. (We can pull it out for you) Business credit rating is used when your business is Dunn and Bradstreet rated. If your credit score is under 650, we may still be able to work with you. If you are applying for a commercial loan in real estate, your credit score may be of no concern.

2. We will register you, and you will fill out a short online questionaire.  

3.We'll get you in touch with 3- 6 Lenders that specialize on the type of loan you are requesting. 

Please remember that there is always a little effort required when asking for money you don't have but need to expand. However, the effort is well worthwile.

Of course, we would be guiding you every step of the way, and we are just a phone call away.

 

Home | Contact Us | Privacy | Sitemap