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Process

Five stages, each explained before it starts.

Each stage has a clear purpose and a clear output.

Two people, seen from behind and out of focus, talk across a round table in a glass-walled meeting room
The five stages

From first question to first draw.

  1. 01

    Pre-qualification

    You answer five short steps online. No documents and no credit report.

    Output

    A call to discuss next steps, or a written notice if we are not able to move forward

    Illustrative timing1–2 business days
  2. 02

    Discovery call

    We learn how the business earns, spends and collects, and what the line is for.

    Output

    A document list specific to your business

    Illustrative timingSame week
  3. 03

    Underwriting

    We and the lender review financials, bank statements, receivables and collateral. A credit report is ordered only with your written authorization.

    Output

    A credit decision

    Illustrative timing1–3 weeks
  4. 04

    Terms in writing

    If a lender approves the line, you receive its written terms with every cost and condition, including any disclosures your state requires.

    Output

    A term sheet and the required disclosures

    Illustrative timingWith the decision
  5. 05

    Closing and first draw

    Documents are signed, any lien is filed, the line opens.

    Output

    An active line

    Illustrative timingOften days for an unsecured line; longer for asset-based lines that need a field exam or appraisal (illustrative)

Timing is illustrative and depends on how quickly documents arrive and on the complexity of the collateral.

Who qualifies

Established, documentable, commercial.

There is no single cutoff. These are the starting points underwriting works from; the figures below are illustrative, not requirements.

What we look for

  • A U.S.-registered business entity operating for two years or more (illustrative)
  • Annual revenue of $1M or more (illustrative)
  • Business bank accounts that show the revenue
  • A commercial use for the funds
  • Owners with a credit history consistent with the request, and willing to stand behind the business where the structure calls for it

What can still work · private line

  • Strong assets or contracts with a thinner operating history
  • Uneven, seasonal or project-based revenue
  • A recent change (new owner, new location, a large contract) a standard program cannot yet see

Not a fit

  • Personal, family or household purposes of any kind
  • Businesses we are not able to serve under applicable law or our own policies

We do not discriminate on any basis prohibited by the Equal Credit Opportunity Act or by applicable state law. See the full notice on the Apply page.

Documents

What underwriting will ask for.

You do not upload anything at pre-qualification. If we move forward, this is the typical list; we tailor it after the discovery call.

A tidy underwriting file on an oak desk: a closed navy folder, a fanned set of statements, a tablet and reading glasses

Business

  • Formation documents and ownership chart
  • Business tax returns, typically the two most recent years
  • Year-to-date profit and loss and balance sheet
  • Business bank statements, typically six to twelve months
  • Debt schedule (lender, balance, payment, collateral)

For asset-based lines

  • Accounts receivable and accounts payable aging
  • Inventory report
  • Key customer contracts or purchase orders

Owners

  • Government ID and personal financial statement for each owner who guarantees
  • Written authorization for credit reports
Direct line

Prefer to talk first?

For questions before you start, write to Capital Consortium, LLC, 2719 Hollywood Blvd., Hollywood, FL 33020, or start a pre-qualification and add your question in the notes.