Once a business has determined that it wants to apply for a business consolidation loan, then it should gather and organize its documentation.
Although each lender will have its own requirements, the majority will focus on credit score, income, and debt-to-income ratio. Here are the steps a business should take to ensure it is ready to apply:
Step 1: Click on the Get Approved button above and answer a few basic questions about your business needs. We will inform you about your best options and how many exist (this will set your expectations).
Step 2: After this is complete, you will be asked to create a username and password to begin your electronic loan application. This process normally takes about 6 – 7 minutes (if you have all your documents easily accessible and ready).
To complete the loan application, here is what you will need to have handy:
Step 3: Once the application process is complete, we will send you the completed application for you to review and sign. Once you have signed for your application and uploaded the necessary documents, the process is complete. You have officially applied and started your journey to receiving pre-negotiated debt consolidation funding offers. Your Lendzero funding specialist will reach out to you to guide you through the remaining steps of the process, and provide the necessary guidance and support needed with the goal of successfully obtaining the proper loan.
