Step One--Initiating the Process

BFN provides you with a straightforward process to apply for your funding. We will help you understand the process, the challenges, and the opportunities.

We will fully review all project parameter during an initial consultation. We will inquire about the capital needed, its purpose, business and financial information, and timing issues, etc. You also may be asked to provide a limited amount of additional information by fax or e-mail.

Upon reviewing the initial documentation, we will give you our assessment about your project's funding probabilities.

Step Two--Deciding to Work Together

If we decide to work together, we will sign a contract outlining the details of our relationship. We will then start working on your project upon receipt of the agreement and your one-time processing fee of $350. Unlike most of our competitors, we do not charge a large "front fee" to assist you in compiling your documentation. We are only paid a placement fee if you elect to close your loan with one of the lenders we identify for you.

Step Three--Assembling Your Loan Package

We will provide you with a checklist of needed information and the required forms. There will be a number of steps only you can take (such as obtaining financial statements and income tax returns), but we will walk you through each step and review all of your information to make sure the paperwork is done per lender standards.

You should understand that it will be necessary to provide concise documentation. All aspects of your loan request must be covered, including:

BFN will ensure that all appropriate and necessary documentation is compiled for ultimate review by financial institutions. Although the paperwork may seem burdensome at times, our loan processor will consult frequently with you to facilitate the process. Our mutual goal will be to "get it right" the first time to minimize future delays.

Step Four--Submitting the Package

Once all preliminary documents have been assembled, BFN will submit your proposal to several potential funding sources at the same time. We will submit your package in a manner that does not generate numerous credit checks that could damage your record and either result in funding denials or higher interest rates. BFN approaches appropriate institutions about your project without "shopping your credit score" and causing credit damage.

BFN will monitor the status of your request throughout the process, as it progresses from initial submissions, to the underwriters, to presentation for loan committees, and onward towards funding. You will receive frequent progress reports. We can't promise to eliminate all your worries about your project, but you will know that professional advocates are closely watching out for your best interests.

Step Five--Closing Your Loan

Acquiring funding likely will take much longer than you expect--but remember the old adage: "Good thing come to those who wait and who work hard!" Obtaining thousands (sometimes millions) of dollars is not easy, but it is possible with a solid project and realistic expectations--both in the amount of documentation it takes and the amount of time you must invest.

Just give us a call or send us an e-mail message to see how we can help you obtain the financing you need as rapidly as possible and with the best possible terms and rates.

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