Tips to expediting the approval and funding process:
- Signed credit application giving MCC authorization to pull credit.
- Transaction Summary: »What »How Much »Why »Additional Collateral used to secure transaction.
- Facilities List completed for collateral.
- If real estate is being pledged have complete address, ownership information, and debt information.
- Confirm equipment is unencumbered or a subordination is available. Sample letter to present to bank attached.
- Verify equipment or real estate value using the links below:
