ConPar Business Loan Network

4445-B Breton Road, SE    Suite 200

Grand Rapids, MI  49508

Phone (616) 224-8080

Fax (616) 281-1615

www.conpar.com

 

HOW OUR SERVICES WORK . . .

SHOP YOUR BUSINESS LOAN ON-LINE

You can find "The Best Financing Package Available To Your Business" by shopping your business loan on-line right now!

Step 1: Select Application
Choose from more than 75 loan applications. We offer a full range of loan types in 3 primary categories: business loans, commercial real estate loans, and equipment leases. Each loan application is customized for your particular financing need.

Step 2: Register
Enter your contact information and select a username and password to create your own secure electronic Vault. This is where you build and store your loan application package, track all communications with lenders and view proposals from lenders. Your Vault is secure - only those lenders you approve may view your loan application package. It is accessible 24 hours a day. Plus all of your information is stored in perpetuity for future transactions, saving time and money on subsequent loan requests.

Step 3: Build Your Loan Application Package
Complete the loan application and build your loan package. Your loan package can include business plans, historic financial data, tax returns and other documents that will assist lenders in preparing competitive proposals on your loan request and will be necessary during due diligence. Your Vault eliminates copying, postage and faxing - saving you time and money.

Step 4: Select Options
Determine the deadline for lenders to submit proposals and whether lenders can view summaries of proposals from other lenders. You can also choose to exclude any lender who may meet the needs of your loan, but with whom you prefer not to do business.

Step 5: Invite Lenders
You are now ready to invite lenders to review your loan package and submit proposals. Every qualified lender which matches your loan needs is automatically notified about your loan request (unless excluded by you). You can also invite your existing lenders to view your loan package and submit proposals, and even have them compete with our lenders - ensuring you get the best possible rate and terms!

Step 6: Review Proposals
You are automatically notified each time a lender views your loan package, keeping you informed. You can also communicate with lenders directly from your Vault so that lenders can ask you additional questions about your loan request and you can ask them questions about their proposals - all without revealing your identity. All proposals are stored in your Vault so that you can quickly review and compare them to determine the proposal that best meets your needs.

Step 7: Select Lender
After selecting the proposal with the best rate and terms, simply select that lender to begin direct negotiations with. We then provide you with the contact information for that lender as well as provide that lender with your contact information so that you can work directly to close your loan in a timely manner.

Step 8: Close Loan
Work with your selected lender during the Due Diligence process during which the lender verifies the information in your loan application. After signing the necessary loan documents, your loan is officially closed. Congratulations! Your loan request has been successfully funded.