HOW IT WORKS
1. Consultation / Pre-qualify
We begin with an in-depth discussion to comprehend the assets you require and how financing integrates into your business plan.
2. Loan Review/ document submission
Based on your needs, we offer a range of asset finance solutions from different lenders, detailing the advantages, conditions, and interest rates. At this point, we will request a list of documents required to progress your application further ready for submission. Each lender has their own series of documentation requirements.
Once we have a fundamental grasp of the borrower's requirements, we can initiate the pre-approval process. This entails:
- Credit check: Retrieving the borrower's credit report to evaluate their creditworthiness
- Income verification: Confirming the borrower's income through tax returns, pay stubs, or bank statements.
- Asset verification: Confirming the borrower's assets, including bank accounts, investments, and real estate.
- Issuing a pre-approval letter: Supplying the borrower with a pre-approval letter that details the loan amount for which they qualify.
3. Finding the right lender/ loan finalisation
After selecting your desired financing option, we will assist you throughout the application process and work quickly to secure approval, allowing you to obtain the assets more promptly.
4. Loan Approval
Congratulations your loan has been approved! We accompany you throughout the entire process, even after your financing has been approved, guaranteeing that you receive the necessary support for your future.