Challenge #1: Banks
are being Highly Regulated. Your loan request will
be scrutinized by the lender’s underwriting team from all angles to ensure it is low-risk. To help overcome this
obstacle your loan package should be completed professionally in order that all the subtle things that the lenders look for
are addressed and properly documented. Consider using Small Business Capital Solutions – Assisting you is what
Challenge #2: The Bank’s Loan Requirements
are Cumbersome. Because of the heavy regulation, lenders
are asking much more of their clients than they have in the past. If deterred from a conventional loan, many business owners
do not even consider an SBA loan because of the amount of detail and “red tape” involved. We can help by
filling out a lot of that paperwork. Name a form – we’ve got it!
Challenge #3: The Loan Process is Consuming a lot
of my Time. We understand that time is money for you, and
when applying for a loan without the help of a professional loan consultant, you and your colleagues will become distracted
from the things that make your business operate at full efficiency. Instead, just send us the items on our concise checklist
and leave the rest to us! Remember that by utilizing us, you can stay focused on your business, knowing that Small Business Capital
Solutions will not earn its success fee unless you get the funding you need.
Challenge #4: Loan Products can be Confusing. Some of our clients become baffled by all the various loan products presented
to them by lenders, and wind up accepting what works best for the lender instead of what would work best for them. Small Business Capital
Solutions can restore clarity to your situation, and by drawing on the depth of our experience, fit the best product with
your particular needs. Don’t accept “bank policy” as the rule. Instead, ask us to assess your financial
needs and provide you with alternatives that are better suited to you goals. Ultimately, the final decision will be yours,
and we understand that is how it should be, always. Our only “policy” is to honor your choice.
Challenge #5: My Bank has adopted a “Revolving
Door” Policy. Faced with mounting pressures to their
bottom lines, many banks have shown their more experienced lenders the proverbial door. This is particularly true among the
larger lenders, who have asked their branch personnel and “business bankers” to handle complex commercial loan
products as though they were just another car loan. Others have offered their seasoned commercial loan veterans enticing severance
packages, leaving their relationships in the hands of someone freshly promoted from the credit analyst team. Through no fault
of their own, these well-meaning bankers might unwittingly steer you in the wrong direction. Using our many lender contacts,
Small Business Capital Solutions cuts through this layer of bureaucracy, often getting your loan project right to a decision-maker.
Challenge #6: What the Heck are all these
Ratio Tests? The credit folks are running the show at most
banks these days, and it seems as though most have adopted somewhat arcane ratio tests to “screen out” loans they
cannot figure out how to decline any other way. It is as though you have been in a relationship for quite a while, and your
significant other throws out that tired expression which is so extremely unhelpful: “It’s not you, it’s
me!” Through years of trial and error, Small Business Capital Solutions has learned who these lenders are, and
regrettably, we are constantly expanding the list. Not to worry. We perform the same ratio tests that lenders look at, and
fit your project to those lenders most likely to put it through.
Challenge #7: My Lender has developed an Allergy. Shopping for a loan these days can be like hunting for a particular needle in a big pile of needles. “We
would love to help, but we aren’t doing _____ loans right now.” Insert what you are looking
for, perhaps. Maybe your project involves construction, a business acquisition, a restaurant, gas station, a motel, or a start-up
business. These project types are the most challenging of all today. Lenders have become allergy-prone, and sometimes will
develop the sniffles when you come to visit. Because of the volume of loans we can bring to their table, many lenders will
consider our clients’ requests on an exception basis. We furnish them with a hankie.
Challenge #8: My Lender has gone Comatose. Perhaps
you are a business owner in the midst of a construction loan for a new office building. Your lender promised you a permanent
loan upon its completion, yet his bank was taken over and that permanent loan is no longer available. He advises you to go
find a new bank for the long term loan. Or perhaps the line of credit that your business relied upon for working capital
has been greatly reduced or eliminated. Your lender has gone comatose, and the only thing you have to be thankful for is that
you don’t have to decide whether or not to pull his plug. Small Business Capital Solutions is ready and able to
move quickly to hook you up with a new lender. And yes, we prefer our lenders awake, too.
Challenge #9: I gave them all my Stuff, and now they want a %*$$@# Business Plan! Business Modeling is more like an art than a science, yet, to be credible, a Business Plan must fit
within industry norms; the Lender’s underwriter will employ the available data from your particular industry to evaluate
your Plan, comparing it against the Industry norms. Writing a Business Plan is not only time-consuming; it can also make or
break your project. Leave it to the professionals at Small Business Capital Solutions. We have it down to a science,
and we do it artfully.
Challenge #10: Now I need an Aspirin.
You probably have a lot of plates spinning at your
office, and if you are also trying to juggle several lender-prospects at the same time, it can give you quite a headache.
Why not hire the professional consultants at Small Business Capital Solutions to handle the paperwork and loan packaging of
your loan request?