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03-08-2018, 10:58 AM #24
Reputation points: 12452
- Join Date
- Jun 2013
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- 351
I would say the best way to describe would be similar to SmartBiz. They work with lenders, learn exactly how they want a deal to be underwritten, do all the upfront gathering, underwriting, pricing, contracting etc and when the file is complete and ready they submit it to the lender for a final review to be wired. Only major difference is I believe they actually syndicate on the deals with the lenders and the deals turn around in about the same time it would take to get an MCA funded.
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