Archive for July, 2009
The Commercial Loan Process
Posted by: | CommentsThe Commercial Loan Process
Donald Hunter™ looks at the commercial loan process from different angles and what’s required for an effective loan request. In this brief article, we focus on how to get your loan approved quickly.
The secrets to funding a commercial loan successfully are simple:
1. Quickly pull together all of the documents your lender needs. “Procrastination” kills more deals more quickly than indecision kills opportunities in your life! Have a sense of urgency when helping your finance professional assemble your funding proposal.
2. Your funding professional uses lenders’ tools and forms to quickly organize your file for loan committee review. We will cover more of this critical information in detail in future articles. In the meantime, your professional will have forms to put together a powerful funding proposal for you.
You see, loans are like road maps: They tell the underwriter where to look in your personal financial statements to evaluate your credit worthiness and ability to pay back your loan. It is very challenging to understand the steps of a road map if items (i.e., requested documents) are missing or the arrangement of the map is scattered and incoherent.
We know that you want financing in place quickly with a minimum of stress (e.g., continuously searching for more and more documents) and we know that you want to get funded as quickly as possible. Our goal here is to help you work with your finance professional by helping you to get ahead of that puzzling borrower question:
“Why are you asking me for more documentation?”
Donald Hunter(TM’s borrowers frequently ask this question when we request information to assemble their most compelling financial background information for underwriters. We hope it helps you to have an insider’s perspective on the commercial loan process. Having the right supporting documentation at the beginning can mean the difference between winning or losing your loan!
Other articles on our blog will help you to get ready for funding like a seasoned Pro. Donald Hunter™’s financial coaching is here to add value to your commercial loan experience and to help your professionals like accountants, attorneys, financial planners, real estate and other financial professionals improve your chances of securing commercial funding. Donald Hunter™’s goal is to make you look good to your loan committee or investors!
Sincerely,
Donald Hunter
President and CEO
Info@DonaldHunterFinancial.com
(866) 323-9123
Total Commercial Services Program
Posted by: | CommentsDonald Hunter™ Financial announces the Total Commercial Services (TCS) program. TCS helps businesses and commercial investors get their finances in shape for funding. Donald Hunter™ Financial selects TCS experts who resolve accounting, business, legal and tax problems. Donald Hunter™ Financial manages the TCS process and creates winning funding proposals for you.
The main reason Donald Hunter™ Financial moved to offer TCS now is we see a huge gap in the marketplace to help companies to get their house in order before they go for funding. The goal of the TCS program is to bring together expert professionals together on commercial funding transactions to lower the complexity and costs and improve the quality of commercial finance services.
“The feedback I get from business owners and investors is they can’t afford to hire and manage every professional required to ensure every aspect of their funding requirements are met, like accounting, business consulting services, or legal. Customers don’t know how to get funded in this economy because the financing environment changes daily”, claimed Donald Hunter, CEO of Donald Hunter™ Financial. “We create strong professional relationships and manage seasoned real estate and financial professionals to help our clients get ready for funding. The TCS program targets customers who need more than $1 million of funding with no upfront fees for TCS.
The advantage TCS offers our clients is a predictable process where professionals work seamlessly together to position you in a powerful way. You get expert business planning and cash flow evaluation services at the same cost our competitors charge for doing a loan. Donald Hunter™ Financial manages the professionals required in the funding process and ensures your funding requirements get designed right into your business and project plans. We help you develop your funding proposal, select the right lender, and present your proposal in a powerful way. TCS lowers your risk in getting the funding you need and allows you to get in a position to grow your business.
Sincerely,
Donald Hunter
President and CEO
Info@DonaldHunterFinancial.com
(866) 323-9123
