Business Money "One Million Dollar Summer" (Part II)
What is the Length of Time From My Referral To The Close of the Loan?
The time is takes to close a particular loan is controlled by many factors: the lender’s backlog, completion of due diligence, cooperation of the borrower, availability of funds, etc. The length of processing time will normally increase with larger more complex financing. A small business loan may close within 10 –14 business days. A typical commercial real estate loan may close in 45-60 days when everything is in place. Larger multi-million dollars loans may require 3 – 6 months or longer.
Return to "One Million Dollar Summer" (Part I)
Please contact Business Money Source via website www.business-money-source.com, email to firstname.lastname@example.org or call (804) 396-3040 to check on the availability of other types of financing or for categories not described above.
Notice: Busines Money Loan Program availability may change without notice due to the financing requirements of the lenders/investors. Also, all programs may not be available in all areas of the U.S.A. or globally.
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