Traditional bank financing
Where the business fits bank criteria, a traditional bank path may be considered through an appropriate provider.
Timing varies by provider and fileFund That helps U.S. businesses explore business-loan structures based on the financing need, business profile, documentation and available provider criteria. Where a traditional bank process does not match the timing of the need, other financing paths may also be considered.
A strong commercial financing request is more than an application form. The financing provider needs to understand the business, the purpose of the capital and the ability to repay it.
Fund That works as a commercial financing broker. We review the request, help organize the financing story and explore suitable providers based on the circumstances of the business. Businesses with a specific operating cash-flow need can also review working capital financing, while recurring access to capital may be better suited to a business line of credit. Asset purchases may fit equipment financing.
Where a business is a suitable fit, Fund That can help organize a bank-ready financing request, coordinate supporting information and guide the business through the submission and underwriting process with an appropriate participating provider.
We clarify the amount requested, use of funds, business history, repayment capacity and commercial rationale behind the financing.
The bank may require year-end statements, interim results, tax information, projections, debt details, ownership information and other documents. We help keep the request organized.
Where the file fits, we coordinate the submission through the appropriate financing channel and follow up as the financing provider completes its review.
A strong bank file can still leave a timing gap. If the long-term bank loan is expected to take several weeks, Fund That can also explore temporary financing through other lenders to inject working capital into the business while the bank request is being completed.
Some alternative or interim financing options may move more quickly than a traditional bank process, depending on the provider, business profile, documentation and transaction. Timing is not guaranteed.
Once the bank financing funds, the temporary facility can typically be repaid or refinanced from the bank proceeds, subject to the interim lender's repayment and prepayment terms.
Where the business fits bank criteria, a traditional bank path may be considered through an appropriate provider.
Timing varies by provider and fileShort-term capital may be considered while a longer-term bank file is still in progress.
Timing varies by provider and fileWhen the long-term facility closes, bank proceeds may be used to pay out the temporary financing, subject to the agreed loan terms.
Structured with the transition in mindFund That can help businesses evaluate different financing channels based on structure, industry, collateral, timing and the purpose of the financing. Available providers and products vary by applicant and transaction.
Longer-term conventional commercial financing for established businesses that fit bank underwriting requirements and can support the documentation process.
Commercial lending programs that can be a strong fit based on geography, industry, relationship or transaction structure.
Non-bank financing for speed, flexibility, working capital, interim needs or situations that do not line up with traditional bank criteria.
Specialized financing structures for transactions that need a more customized approach, including short-term or asset-supported situations.
Requirements vary by financing provider and transaction. Depending on the request, a commercial lender may ask for some combination of the following:
Do not send sensitive financial information by ordinary email unless a Fund That specialist has provided an appropriate secure method.
Financing should solve a defined business need—not create a new one.
If a traditional bank is the right destination, that route can be considered alongside other financing channels when timing or underwriting needs differ. Available options depend on the business and provider criteria.
Explore guides covering common requirements, financing structures and growth-related uses of capital.
Review common documentation and underwriting information.
Understand how collateral and security can affect a financing structure.
Learn what providers may review in a business-purchase transaction.
Explore financing for locations, hiring, systems, inventory and capacity growth.
Fund That can help organize the financing request and supporting information and, where an appropriate provider relationship is available, assist with the submission process. The provider makes the final credit decision and determines pricing, security, documentation and all other terms.
Timing varies based on the institution, transaction complexity, documentation, appraisal or security requirements and how quickly requested information is provided.
Where appropriate, temporary working-capital or interim financing options may be considered while a bank request continues. Availability, cost and timing depend on the provider, business profile and lender conditions.
That can be the intended strategy. When the bank facility closes, its proceeds may be used to repay or refinance the interim facility, subject to the temporary lender's repayment and prepayment terms. We recommend confirming those terms before accepting interim financing.
Fund That can help organize the request and explore different financing channels when another structure, timeline or underwriting approach may make more sense. The goal is to help the business understand the available paths and next steps.
Available amounts vary by lender, business revenue, operating history, credit profile, available security and the purpose of financing.
That depends on the financing product and provider. Some facilities may be unsecured while others can involve business assets, guarantees or other security.
The financing conversation does not necessarily end. Where appropriate, Fund That can explore alternative commercial lenders, private capital or other structures within its broader lender network. Alternative financing is not guaranteed and may have different pricing, terms or security requirements.
Tell us about your business, how much capital you need and what you plan to accomplish.