Preferred Lenders
We prefer and recommend Clients use Brokers who specialize in funding programs and resources and has a track record of success. The Broker is the bridge between client and the lender. The Broker protects everyone’s time, by prequalifying the loan. The Brokering Agency has an obligation to only submit loan requests that fall within the parameters of the respective lender. As Brokers, they have an obligation to match your needs to the best lending option. This assures, both you and the lender, that the loan request meets the specification for both parties. Of course, that does not guarantee loan approval, but the chances are very high since it is a match based on the funding criteria.
When the owners do not have experience or a proven record of successfully owning and operating in a specific industry, funding may be subject to the owner securing a contract for services with a reputable Consulting firm. The Consulting firm will not operate the business but assist the owner in establishing the business which provides and ease to the prospect of lending.
Some Corporate Credit Requirements
- Establish a Corporation
- IRS Company Registration (Tax ID #/EIN #)
- Fax
- Email Website
- Domain
- Business Listing
- Three Business Trades
- Business Plan
- Tax Returns
– Dun & Bradstreet (DUNS)
– Seasoned Business (2years)
– Physical Business Address
– Corporate Phone