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• What are the costs involved?
• How much unsecured money can I borrow?
• When I pre-qualify, am I guaranteed financing?
• What is the interest rate on these loans/lines of credit?
• What are the loan terms?
• If I don't like the terms of the loan, am I obligated to take the loan or pay your consulting fee?
• How long does the process take from start to finish?
• Is there a way to speed up the process?
• I have bad credit, but I have a co-signer with good credit. Can I still apply?
• I have limited credit; can I still get a loan?
• I have a few credit problems, but nothing recent. Can I still apply?
• I have a previous bankruptcy, can I still apply?
• Is it possible to obtain lines of credit instead of a loan?
• Are there any pre-payment penalties?
• Exactly what kind of company is Business Resource Consultants, Inc.?
• What kind of loans does Business Resource Consultants, Inc. specialise in?
• Why is Business Resource Consultants, Inc. a better bet for me than a bank?
• What kind of documentation will I need to provide to the lender for verification?
What are the costs involved?
We believe that reputable firms do not charge up-front fees of any kind for financing. Therefore, all our efforts are guaranteed at no cost to you, until your loan is approved. At that point we have a loan consulting fee that varies based upon the amount of financing you receive and the type of loan program with which we assisted your needs. Your personal loan consultant will clearly explain our fee structure, both verbally and in writing, before we proceed. Many loan programs have no fees and there are never any obligations on your part.
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How much unsecured money can I borrow?
If you are an individual or start-up business, you may be able to borrow up to $150,000. If you are a business owner with two or more years in operation, you may be able to borrow up to $400,000. The amount will vary based upon a number of credit attributes.
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When I pre-qualify, am I guaranteed financing?
No. When we provide you a pre-qualification notice, it simply means that you have met the minimum credit qualifications required to proceed. You may barely meet these credit requirements, or you may greatly exceed them. Each credit situation is different. We only pre-qualify clients that have a better than likely chance of receiving funding, since our efforts are free until we successfully help you secure funds.
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What is the interest rate on these loans/lines of credit?
The interest rate varies depending on your credit situation and the lender that approves you. The interest rate will ususally fall somewhere between prime +2% and prime +7.00%. The overall average interest rate for most clients is usually around 9.99%.
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What are the loan terms?
Depending on the loan amount, the loan terms will range from 24 months to 84 months. Lines of credit can actually have perpetual terms in some instances.
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If I don't like the terms of the loan, am I obligated to take the loan or pay your consulting fee?
We clearly state the interest rates, the terms of the loans, and the nature of our service before we proceed with your loan request. If you are not completely comfortable with our service, we recommend that you do not proceed. Please note, after you are approved, you will be provided with loan disclosures by the lender. If after reading their disclosures, you decide not to continue, you can do so with no obligation to us.
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How long does the process take from start to finish?
Initially, it takes less than 48 hours for us to completely analyze your credit situation. If you meet the pre-qualification criteria for our program, you can ususally be approved in less than 72 hours after you decide to proceed. However, it can take longer depending upon how responsive you are throughout the loan process.
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Is there a way to speed up the process?
The best way to speed up the process is to be responsive to all phone calls and requests.
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I have bad credit, but I have a co-signer with good credit. Can I still apply?
Yes.
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I have limited credit; can I still get a loan?
We prefer that an applicant have a minimum of three active trade lines for 36 months or longer on their credit report. However, depending upon your income and the amount of money you are seeking, we still may be able to assist on a case-by-case basis.
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I have a few credit problems, but nothing recent. Can I still apply?
You are welcome to apply. However if you have had a bankruptcy in the last 10 years or any unpaid collections, charge-offs, tax liens, repossessions, or serious late payments in the last 7 years the approval process becomes more difficult.
Please understand that you may not pre-qualify, and even if you do pre-qualify, you may not be eligible for your maximum stated loan amount, or may not be approved at all.
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I have a previous bankruptcy, can I still apply?
Yes. See the above answer.
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Is it possible to obtain lines of credit instead of a loan
Our typical client does not usually have a preference. Feel free to indicate your choice, but understand that, by limiting your preference to either a loan or a line of credit, you will decrease your available options, limiting the amount of money we may be able to help you obtain.
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Are there any pre payment penalties?
In most instances, there are no pre-payment penalties. The lender will provide full disclosure on this subject before you accept any loan.
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Exactly what kind of company is Vineyard Financial Services?
We are a financial consulting and loan placement firm, specializing in programs that offer our clients the fastest and easiest possible access to funds. The Chief Consultant is Wayne Weeks. Wayne has more than 30 years in the Financial/Lending industry.
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What kind of loans does Vineyard Financial Services specialize in?
In addition to unsecured loans, we specialize in no documentation loans that are approved and funded quickly, with the fewest hassles possible for our clients. These additional programs include Commercial Mortgages, Equipment Sale Leaseback Loans, Equipment Leasing, and Accounts Receivable Financing. Click on “Types of Loans” for a comprehensive list of loan product.
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Why is Vineyard Financial Services a better bet for me than a bank?
There are several reasons. First and foremost, you are on your own when you go into a bank. It can be intimidating and confusing for a layperson to obtain an unsecured loan without prior experience. Often a simple mistake can start a chain reaction of problems. By utilizing our service, you will have an expert on your side guiding you through the entire process. We bring you the most active funding sources. We eliminate costly mistakes and ensure that you apply correctly the first time. We help you obtain larger approvals at better terms and interest rates. We also consult you on how to properly interact with lenders, if needed. The bottom line is...we have a tremendous amount of experience and success in this area! We can help you get approved, while saving you a tremendous amount of time and eliminating the hassles typically associated with borrowing money.
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What kind of documentation will I need to provide to the lender for verification?
Our streamlined loan process minimizes the number of documents required. The actual documents that you need to provide will vary based on your situation. In many instances, no documents are required. Usually, the larger the loan means more documentation requirements. This also applies to unusual of difficult funding requests.
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