BizLOC
8 posts since
Apr 30, 2008
17.
Re: Looking for Business LOC May 13, 2008 2:15 PM
in response to:
vannsimon
Good afternoon,
Sometimes unfortunate situations arise in this business that cause some clients to place blame on someone other than themselves. It seems that this client was unhappy with the service wwe tried to provide. However, there is only one person to blame here. Since this applicants information was not accurate for the submission of the application, it was obviously denied at all lending institutions.
The lenders look at the information that the applicant places on the application for the line of credit. This is what determines the result or outcome of the request. The applicants information is processed. No one elses. This means that the only person that was not qualified or able to obtain the loc is the applicant, regardless of how many resources we try to utilize for a favorable outcome.
If a company was to charge for the services up front, then does not provide any type of satisfaction I can understand the client being less than please. However, our services are free unless the client is actually approved and funded. There are no costs to the applicant at any time for our services prior to approval and funding.
It is a shame that businesses and their representatives have to be slandered because of the unhappiness of of the result of the clients request. And once again, this client was not charged, and heavily assisted all the way through the process.
I apologize for the outcome, unfortunately when multiple lenders deny your application as a result of your information being less than favorable, the result is out of my hands.
We all know that the economic status right now in the US is a less than pleasurable one. We are here to help, not hinder businesses. The lenders have tightened up, and some people simply do not qualify no matter how hard we try. Trying to destroy someone elses reputation is not the answer and will do nothing favorable for anyone.
I would recommend trying to find out why all the lenders turned down the application, correct the issue and resubmit in 90 days.
I wish you the best of luck.
