Our Loan Process
Monday, September 28, 2009
Our Loan Process
1. Submit Business Plan / Executive Summary
2. Pre-qualification determination process - project is reviewed and evaluated resulting in:
the project being accepted
proposed revisions being issued for the project
the project being declined
3. Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued
4. Due-Diligence document checklist of typically requested data is prepared and sent to client
5. Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor; formal due-diligence commences
6. Term Sheet/Conditional Commitment and/or Firm Commitment issued
7. After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence
8. Closing | Capitalization | Funding
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