Why Your Loan Package Matters
More Than You May Think!
First Impressions Are Lasting Impressions
Content And Context Matters!
73% Of All Commercial Loan Bank Applications
Are Never Viewed Or Given Any Serious Consideration.
Your funding package serves the same benefit and purpose that a resume does. Like it or not, your loan proposal is your calling card and is your first representative and will leave either a positive or negative impression of you.
Just as a resume that lacks job history or an application with blank fields is automatically declined and placed in the dead file stack never to be viewed again, the same applies to your loan package proposal.
A funder will look briefly at your loan package and it will be either picked it up or put it down based on your packaging.
Because of this simple fact, you give as much attention to your loan packaging as you do to your project analysis. It's equally important!
Why You Should Have Your Deals Professionally Packaged!
-
- It separates your package for others
- It makes your proposal exceptional
- It says that you are a person of detail and quality
- It makes it easier for the lender to evaluate
- It contains the key information in the proper format
- It addresses the lenders concerns
- It identifies any weaknesses in your project
- It provides prepared you for the interview
- It opens the doors of opportunity
Pros And Cons
CONS
Un Professional Packages
-
- No Cover Page
- No Executive Summary
- Improperly Format
- Incomplete Company Information
- No Borrower Resume
- No Former Loan Request-Terms Desired
- Incomplete Property Data
- Incomplete Property Financial Data
- Outdated Operation Statement
- Multiple Files And Formats
- Difficult To Review
- No Project Summary
PROS
Professional Package Includes
- Cover Page Included
- Executive Summary
- Formatted According to CMSA Guidelines
- Detailed Company Profile
- Resume On Borrower
- Official request for financing terms
- Complete Property Data Summary
- Complete Financial property Financials
- Current Income and Expense Statements
- A single file with named after the project
- Single file: fast access to all the data
- Loan Detail report
- Underwriter comments and notes
NOT YET SURE?
LET US HELP YOU!
Call For 404-590-3677 for Details And Pricing
TESTIMONIALS
I am so very pleased and grateful with the results I received as a result of your efforts. Your team offered so much more than a packaging service. Your recommendations resulted in me not only getting the financing I wanted for my apartment complex but I also received a 6 month mortarium on my payments!
Janice Fisher, Fisher Properties
After being denied 4 times, thanks to your recommendations I was able to get my project approved and have now closed ! Kyle was awesome! I had no idea how important is was to have my proposals done correctly.
Carol Winshaw, Investor
ADDRESS
250 Georgia Ave East, #122, Fayetteville, Ga 30214
CALL US
404-590-3677
support@a1commercialloans.com