Since our inception in 2017, we have successfully booked
over $60 Million in loans for our customers.
Our transactions consist of titled and non-titled assets.
All of our transactions follow a similar process.
What’s the process?
For loans under $1mm we require the following:
-Credit Application filled out and signed by obligor.
-3-month bank statements
-2-year Tax return Business and Personal
-Updated P&L Statement and Balance Sheet for current year.
For Titled vehicles (i.e. Sanitation, Dump, Cement, Boom Trucks)
- Copy of invoice from vendor & title showing lien free.
-Titles with lien require payoff, which will be paid to corresponding lienholder directly.
For Non-Titled equipment (i.e. Crushers, Screeners, and other aggregate equipment)
-Copy of invoice from licensed equipment dealer (no user to user).
For Loans over $1mm, we also require the following:
-2-year reviewed statements from licensed CPA.
-Personal Financial Statement for all borrowers.
Based on the 5 “C’s” of credit we determine if said deal
makes sense for both bank and customer.
Pay History, Down Payment, and Length of Term
are also considered in our vetting approval process.
In Summary, Mission Finance LLC. Bridges the gap between Lender, Vendor, and Client. Our commitment to all three is what separates us from our competitors.