I love working with Business Brokers……and yes we pay a fee.
Constant communication, a swift yes or no, and term sheets your clients can rely on.
Why work with Paul?
In my work, I prioritize constant communication and make a commitment to a swift yes or no. I achieve a near perfect track record or loans denied or restructured at closing.
This success is a direct result of the significant time we invest upfront to ensure every term sheet we issue is solid and reliable.
A swift yes or no
Paul makes a commitment to a swift yes or no, so you and your client are never left guessing.
Constant communication
Paul keeps everyone involved informed throughout the deal, and your client’s financials are reviewed before pre-qualification so you know you have a client who is ready to go.
Term sheets you can rely on
The significant time invested upfront is what makes every term sheet issued solid and reliable.
Our process
Step 1
3 days
Pre-qualification
Within 3 days Paul can get you a pre-qualification letter for your client. We will review financials BEFORE the pre-qualification to make sure that you have a client that is ready to go. No one likes surprises!
Step 2
5–15 days
Underwriting and due diligence
Within 5-15 days this is when the lender will look at all financials and order any required reports like a business valuation, appraisal, environmental. It is normal that the lender and other third parties will ask questions to your client.
Step 3
5–7 days
Closing
Within 5-7 days the lender will seek final approval and work on the loan documents for the loan. Paul will go over the terms and conditions with you to make sure that what was offered in the pre-qualification matched the final approval.
Paul is an excellent asset for my buyers as I am a Business Broker. He is quick to come to the table for a meeting, goes over the business in question (financials), is able to give his opinion and perspective, and gets the process started ASAP. I love how he is always available, picks up his phone, and keeps all invested parties informed. You don’t see this kind of customer service from most Lenders, but Paul always goes above and beyond for his borrowers, he is the best in the industry hands down!
Deals that fit Paul’s lending
A good fit
- Business purchase price above $250,000
- Business and borrowers located in WA, OR & ID
I am unable to help with
- Gyms
- New and used car dealers
- Custom home builders
- Nail and hair salons
- Cannabis and CBD
- Hotels
- Trucking
- Tobacco and vape shops
Resources to share with your buyers
Let’s start working together!
Prefer to talk? Call or text Paul at 253.300.5414 or email paul@paultlong.com.