Obtaining a commercial real estate loan could require meeting with different prospective lenders any time you apply for a commercial real estate loan. Some lenders might require you to come in for a meeting and do a presentation showing how the loan would be used to improve your business. These presentations are on top of the time and effort you have already put in to complete applications and pull together financial data required by the lender. Just because they call you in for a presentation, does not necessarily mean they are going to approve your application. When you apply at multiple places, you may end up having to perform your presentation at each lender. However, there is an easier solution where your loan application is presented to a wide network of lenders on your behalf by applying through www.sbaclc.com.
When you apply with http://www.sbaclc.com, you also do not have to stand up and give presentations to groups of people, as your project needs will already be discussed and evaluated, ahead of time, with one of our underwriters. Our underwriters take your application and talk to our network of financial lenders about your project and the type of commercial loan you are seeking. Because we have access to so many lenders, it is common for you to end up with multiple loan proposals from a variety of sources. After all proposals have been received, you and your assigned underwriter review the terms and conditions of each one, in order to select the commercial loan with the most favorable terms to fit your project’s requirements.