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Corporate Lending Processing


Deal/ Package Handling Process

  • Verification of Loan Application
  • Verification of Loan Supplemental documents:
    • Loan Application Form (Document cannot be older than 30 days)
    • Tax Return
    • Credit Card Processing Statements
    • Recent 6 months Bank Statements
    • Business Financials Report
    • Driver’s License
    • Invoices
    • Tax Lien
    • Voided Check
    • Proof of Ownership
  • Ascertaining Applicant’s Credit limit
  • Processing Loan Package
    1. Organizing the files and labeling the files
    2. Updating the Merchant Information and the Referral information in CRM
    3. Validating the Bank Statement to See whether it’s a fake document or an original document
    4. Filtering the lender deposits amount in the Statements
    5. If any info is missing our associates will task the missing info from Sales rep
    6. Once we got all the missing info from sales rep our associates will submit the deal to the Submission team for review

Submission Process

  • Submitting approved documents to Lender

Approval / Decline Process

  • Reporting the Applicant’s status on the Loan Package