Access Street Partner Information Guide - April 2016
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Transcript of Access Street Partner Information Guide - April 2016
SBA Loans Fast and Easy
Partner Information Guide
April 2016
Confidential & Proprietary - 2016
Confidential & Proprietary - 2016
Who is Access Street?
Access Street has redefined and streamlined the SBA lending process. The online application paired with first class customer service improves lending efficiency for our partners and enables business owners access
to low rates and long‐term loans.
Who Do We Partner With?
Confidential & Proprietary - 2016
Franchise Consultants Business and Loan Brokers Business Professionals
Help your clients get the financing they need to grow and succeed.
How Do We Help?
Easy, straightforward application and approval process.
Industry experts to provide all of the necessary guidance.
Excellent customer service every step of the way.
Fast funding to close the deal.
What Types of Loans Do You Offer?
Type of Loan
Loan Amount
Interest Rate
Loan Term
Referral Fee
Other Fees
Security
Geographic Coverage
SBA 7(a) LoanSBA 504 Loan
$100k - $5M
Generally prime plus 2.75%That’s 6.25% today
7 – 10 Years No Prepayment Penalty
Access Street does not charge the borrower a referral fee
Possible 1% packaging fee and closing costsLoans above $150k require SBA guarantee
fee 2.25%+ depending on loan size
Blanket Lien on Fixed Assets and Personal Guarantee for Owners >20%
Nationwide
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Qualifications and Eligibility
Operated in the U.S. and for profit
No lending, investment real estate, religion, political or gambling businesses
Ability to repay from earnings
No delinquencies on obligations to the U.S. Government
Reasonable invested equity
U.S. citizen or Lawful Permanent Resident
SBSS Score 150
FICO 600 loans < $150k FICO 675 loans > $150k
No Felonies
No outstanding collections, open tax liens or delinquencies
No bankruptcies or foreclosures in the past 3 years
New Equipment Purchase
Business Expansion and Acquisition
Working Capital
Real Estate Purchase/Construction
Debt Refinance
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Franchise Acquisition
Easy Steps to Funding
Straightforward and SimpleWe are available to help every step of the way.
Sign in and fill out the initial information formTakes about 15 minutes
Access Street team reaches out to answer
any questions
We work with you to collect and upload remaining necessary documents
Review, Sign and FundCan fund under a week after submitted
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Information NeededDon’t have something below?
No Worries – That is what we are here for.
Complete Easy Online Form at AccessStreet.com
Personal Financial Statement and Last 3 Past Tax ReturnsOnly for owners greater than 20%
Business Last 3 Past Tax Returns and Financial Statements
Business Income Statement Projections for the Next 2 Years
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Referral ProgramLet’s work together, we make it worth your while!
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You will make .05% of face amount of closed loans up to $5,000 per loan. The average commission for March was $1,724 per loan.
You will receive your payment within 7-10 business days of loan funds being disbursed to the borrower.
How Much Do I Make?
When Do I get Paid?
How Do I Know Where My Referrals are in the Process?You will receive reports monitoring the progress of the loans you have referred. For specific update requests you can contact our Partners team with the information below.
Who Can I Contact if I need Assistance?You can reach our team at [email protected] or 855-457-5464 Extension 3.
Next StepsI am interested, what should I do next?
Confidential & Proprietary - 2016
Or you can reach our team at [email protected] or 855-457-5464 Extension 3.
Fill out the general information in the Partner form on our website By clicking AccessStreet.com/partners/
Any Additional Questions?Feel free to reach out directly
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It is our goal to deliver an experience for our clients that is exceedingly memorable throughout, so they will happily refer our services to others. For most owners, the financing of their business is one of the most important decisions leading to the success of the company. It only makes sense to work with a team they can trust.
We understand how hard you have worked to earn your client’s trust and it is not something we take lightly. Our number one priority is providing the same care and professionalism they have come to expect from you.
Please let me know if you have any questions and I look forward to working with you.
Brenden R. Crampton, CPACEO, Access [email protected]: 813-445-8686 ext. 706c: 813-551-2681