Background Check for a Business Loan
Background Checks for a Business Loan are completed just before closing.
Don’t go to the WRONG LENDER. Felonies and Misdemeanors may cause an offer or approval to be declined before closing.
Investors look at the type and details of the conviction.
Violent and financial crimes involving moral turpitude are reasons lenders and investors will decline an offer.
Apply Below: Funding Options with a Felony and Misdemeanor criminal record
Call 919-771-4177 for more information.
What are the Factors looked at if the Owner of a Business has a Criminal Record?
- Type of Conviction.
- What is the story from the Customer about the incident?
- Does the customer try to deny their record? For example,
do they say the information is wrong, or do they accept
responsibility? - Felony or Misdemeanor.
- Was there Prison time?
- Is there more than 1 conviction
- How long ago has it been since that time?
- Is Restitution required? If so, it may impact how much a
borrower may qualify for. - What has the customer done since that time? Have they
re-established themselves?
BackgroundCheckBusinessLoan: Common Example(Video Transcript: Click to Expand)
Lee had a criminal record in his background from an incident four years ago.
now he needed a business loan with a felony. Lenders keep declining him after the closing background
check before funding. But he had a good cashflow business. He could have given up, but he didn’t. Then
he called us. We stood by him to get his business money. Apply now to get a business loan with a
criminal record. Including felony, dui, misdemeanor, marijuana, cannabis, drug convictions and more.
Low credit scores OK. Find out how much money you can get today. Click or tap on the apply button,
or link in the description. Call us at 9197714177 or visit bankstatementloan.com.
now he needed a business loan with a felony. Lenders keep declining him after the closing background
check before funding. But he had a good cashflow business. He could have given up, but he didn’t. Then
he called us. We stood by him to get his business money. Apply now to get a business loan with a
criminal record. Including felony, dui, misdemeanor, marijuana, cannabis, drug convictions and more.
Low credit scores OK. Find out how much money you can get today. Click or tap on the apply button,
or link in the description. Call us at 9197714177 or visit bankstatementloan.com.
END VIDEO TRANSCRIPT
For more information on preparing your loan request, visit the SBA