We are often asked how long it takes for a loan application to be completed and the answer is that it is very dependent on the speed at which we receive information from our clients and in addition, the quality of the information received. As an example, incomplete cash flows or unsigned balance sheets, impede the process and affect the decisions made. We need to bear in mind that bankers will quickly process those applications that are professionally presented and well motivated because they are all under pressure to lend money out, but if applications lack information decisions, cannot be made and the process stalls. We therefore ask that all the documentation supplied to us is current, well presented and accurate. If you feel that it is lacking in certain aspects, please discuss with us, early on in the process, to ensure we take corrective action as soon as possible. We connect with all major financial institutions when it comes to commercial bonds to ensure the best deal possible is sourced for our client.
Please contact us for further information.