When you set out to secure equipment financing for your growing business, the last thing that you want is a long, drawn-out financing process. To ensure that funding goes both quickly and smoothly, you first must work with a company that places a priority on providing you with prompt and reliable service. Amerifund’s staff of account managers will make your funding a breeze, especially if you and your business are able to work alongside them to move the process along. Here are a few tips to prepare you for quick and timely funding!
1) Provide your account manager with as much information as you can up-front.
When filling out your application for funding, be sure to provide as much detail as you can. Are you purchasing your equipment from a dealer or private party? Does your business run from your residential address? Be sure to fill us in on those types of details! While your account manager is committed to processing your application promptly (usually within two hours of your submission), the amount of detail you provide on the front end will cut down on time spent asking you for additional information needed before moving forward.
2) Be readily available for contact via phone or email.
As the owner of a growing business, you’re busy – we understand. Each and every workday likely consists of you getting pulled in several directions at once, with varying projects vying for your attention. It’s in these moments, sometimes overwhelming, sometimes exhilarating non-stop activity when things can fall through the cracks. Your Amerifund representative will work hard to push things along as quickly as possible, and there are moments when the ball will fall in your court. In order to push the deal down the field and into the end zone quickly, be prepared to answer calls or emails from your account manager to push the project along on your end.
The amount of detail you provide on the front end will cut down on time spent asking you for additional information needed before moving forward.
While we’d like every funding process to be smooth and easy, we wouldn’t be very good at what we do without flexibility. The staff at Amerifund has over 65 combined years of experience in providing exceptional service through a multitude of circumstances, so when rough waters present themselves, there’s no need to worry. The best way to help us help you in these situations, is for you to operate on a level of flexibility. As we work together to adapt to the circumstances of your deal, whether it’s finding a guarantor to co-sign or looking to find approvals from a variety of Amerifund’s sources, you’ll find that with the right amount of adjusting the sails, it’s possible to sail smoothly even through rough waters.
4) Mark your calendar.
As the owner of a growing business, you likely know the importance of deadlines. Whether you stash these dates away in your memory, jot down the date on a sticky note, or keep a detailed planner of every minute of your workday, it’s critical that you are aware of due dates for your equipment finance transaction. Don’t let deadlines sent over to you by your Amerifund representative sit in your email inbox; write them down in a place where you can see them regularly and remember them. It will save you from a long extended process down the road.
Don’t let deadlines sit in your email inbox.
5) Ask questions.
The financial industry can be a bit tricky to understand – even we were new to the process once (a long, longtime ago). So we get it. If you have questions as to why we are taking the steps we are in your funding process, ask them! We’ll be glad to provide insight and understanding into the process and into your unique situation. In fact, we welcome those questions. The more certain you are about your own funding needs, the easier it will be for Amerifund to guide you through the process. We are committed to helping you understand, learn, and expand your knowledge on what we do. Our goal is to help you grow your business. We find that our repeat clients find the second or third go-around with Amerifund financing much easier than the first due to all that they’ve learned from their first experience.