Call (972) 674-8105 to discuss your funding need, industry, revenue history, and use of funds. We ask about your business structure, ownership, existing debt, and collateral. This conversation determines which programs match your profile and which lenders specialize in your sector.
Your discovery checklist:
- Prepare a one-paragraph summary of your business and funding goal.
- Know your approximate annual revenue and time in business.
- List any existing liens, leases, or outstanding loans.
- Clarify your preferred timeline from application to closing.
Stage Two: Document Collection and Pre-Qualification
Once we identify the best-fit programs, we provide a document checklist tailored to those lenders. Common items include business and personal tax returns, bank statements, profit-and-loss statements, balance sheets, accounts-receivable aging, and use-of-funds documentation. We review your package for completeness before submission, reducing the chance of delays or requests for additional information.
Your document checklist:
- Scan or photograph each document in PDF format.
- Ensure bank statements are consecutive with no missing months.
- Redact Social Security numbers on personal tax returns if required by the lender.
- Organize files by category: tax returns, financials, collateral documentation, legal documents.
Stage Three: Lender Submission and Underwriting
We submit your complete package to the lenders most likely to approve your industry, loan size, and collateral structure. Underwriters evaluate creditworthiness, cash flow, collateral value, and industry risk. They may request additional documentation, schedule a site visit, or order third-party reports such as appraisals or environmental assessments. We coordinate these requests and keep you informed of progress.
Your underwriting checklist:
- Respond to lender questions within 24 to 48 hours.
- Maintain normal business operations and avoid large withdrawals or new debt.
- Review preliminary term sheets for rate, term, prepayment penalties, and covenants.
- Ask us to clarify any condition or requirement you do not understand.
Stage Four: Term-Sheet Comparison and Closing
When lenders issue term sheets, we present them side by side, highlighting differences in interest structure, fees, collateral requirements, and repayment schedules. You select the offer that best serves your business, and we coordinate closing with the lender's legal team. Closing may occur at the lender's office, or a title company, depending on the loan type.
Your closing checklist:
- Review the final loan agreement and promissory note before signing.
- Wire or deliver any required down payment or closing costs.
- Confirm the funding date and account where proceeds will be deposited.
- Retain copies of all signed documents for your corporate records.
