FREQUENTLY ASKED QUESTIONS
Monarch Finance Solutions is a leading small business consulting firm, owned by a small business banker with over 17 years of experience in small business lending. With a commitment to staying educated on the needs of the small business community,
Monarch Finance Solutions is the perfect choice for entrepreneurs and small to medium sized business owners needing assistance with loan applications and financing options.
WHAT THE BENEFITS OF USING LOAN PLACEMENT SERVICES FOR MY
SMALL BUSINESS CAPITAL NEEDS?
When you are trying to get a mortgage for a home, don't you contact a mortgage broker to get the best bang for your buck, the best rates, the best lender, and the best loan payment for your household? It's the same concept with small business lending; you want experts on your team, options at your fingertips, and the best deal possible for your small business. That's what we do at Monarch Finance Solutions. We are experts in the industry and have many lender programs and relationships in our arsenal, we also have the technical capabilities to help with the pre-underwrite and packaging of your loan application.
MY CREDIT IS BAD, CAN I STILL QUALIFY FOR A SMALL BUSINESS LOAN?
The short answer is yes, however your likelihood of getting reasonable terms become less and less attainable if you have challenged credit. There are many cash advance lenders that will give you cash in exchange for your sales receipts. Basically, lenders purchase your sales receipts in advance, and some small business owners can use this as a short-term solution to their cash flow demands. Generally, the programs at Monarch Finance Solutions, require at least a 680 FICO score with no active bankruptcy or foreclosure. We are not a direct lender.
HOW DO I KNOW THAT MONARCH FINANCE SOLUTIONS IS THE RIGHT CONSULTING AGENCY FOR ME?
At Monarch Finance Solutions, we are committed to providing our clients with customized financial solutions for their business and the best possible advice. We are dedicated to helping the small business community achieve their financial goals, and our seasoned consultants strive to provide the highest level of service and guidance.