How Financing Works
Navigating the financing world may be intimidating, but understanding the basics can help simplify a complicated topic. Commercial finance is the term given to a vast range of business finance products that include short- and long-term solutions offered by a provider external to the business like banks and other lenders that welcome broader credit profiles. Funding, factoring, working capital, and enhanced business cash flow fall under that umbrella.
Learn how to start and make wise decisions about your financial future! Look no further than Com Fi Now! Our FAQs provide key information about the basic details of our services, and if you have any other questions - one of our knowledgeable specialists will be more than happy to assist. Investing in the future growth of your company has never been easier - get started with us today!
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Let’s get you approved! ™️
What makes Com Fi Now ™️ different than other lenders?
Com Fi Now has provided expert services to an ever-growing list of businesses. With our vast network of exclusive lenders offering financing options for equipment and general working capital requirements across the United States and Canada, we are well-placed to provide tailored solutions that meet your individual needs. In addition, our team takes great pride in reviewing each application meticulously; this ensures you’re matched with a loan perfect for you!
What states do you work in?
With a presence in all 48 continental states and Canada, we are dedicated to providing our services wherever needed. Our work spans far and wide throughout North America for the benefit of more than 455 million people!
What type of services do you offer?
We are a Money Service Business (MSB) operating as a Non-Bank Financial Institution (NBFI) that abides by Anti-Money Laundering (AML) Regulations. We provide tailored and budget-friendly lending solutions to help you keep your business running smoothly. Whether it’s commercial equipment funding, working capital, or factoring, we have the perfect cash flow program for your needs!
What types of equipment do you finance?
Com Fi Now™️ has been providing top-tier commercial equipment financing solutions to businesses across the US for years. Our team of experienced experts offers tailored plans that specifically meet each company’s needs and financial capacities - regardless of industry or specialty. With extensive knowledge in their fields, you can rest assured that our leasing specialists will craft a plan for your business’ success!
What interest rates and terms do you offer?
With our loan programs, you can find the best financing option for your credit profile. For those with exceptional credentials, the lowest rates are available; alternatively, terms of 12-84 months make it easy to pay off quickly without any penalties. So get ready to discover a great rate and flexible repayment options today!
How much will my monthly payment be?
Paying off your loan depends on much more than the amount you borrowed. Factors like how long it takes to repay and even your creditworthiness come into play when calculating a monthly payment figure.
What are your loan qualification requirements?
We assess your overall creditworthiness, from your FICO score and DTI to recent bankruptcies or liens. We can provide funding for applicants with a minimum credit score of 500’s and less than a year in business with at least 3-months of bank statements – though we look beyond the digits alone in evaluating applications, assessing past performance on multiple loans and an individual’s payment history are also crucial factors our underwriters consider. Regardless of their number, each loan decision is ultimately up to our partners – giving you peace of mind that financing solutions best suited to you will be identified!
What Credit Bureau’s do you use?
Our lenders have access to the most up-to-date and reliable financial information, thanks to their use of the “Big Three” reporting bureaus - Equifax, Experian, and TransUnion.
How do I apply? Can I apply over the phone?
Ready to take the next step? Start your application process today! Apply and complete your equipment financing steps in our secure online system or call us live at 844-44-COMFI. Don’t wait - apply now for unparalleled convenience and security.
Do you take personal or confidential information over the phone?
We only take initial intake information, we don't take Social Security or EINs over the phone. You must revisit the website at your convenience to complete the credit application or upload bank statements using the hotline button at the bottom of each application; that is where we collect confidential information. Your personal information is then AES-256-bit encrypted and securely delivered to us.
I just applied for Equipment Financing or a Working Capital Loan. What happens next?
Applying for a loan doesn’t have to be stressful - we’re here to make the process as smooth and easy as possible. Our team will care for you with expert, personalized service that considers your unique qualifications. In addition, we strive to provide conditional approval within 2-3 business hours with decent credit profiles after submission, so you know where you stand immediately. Others take more time.
Our approach is simple - we listen to your needs and work closely to create a financial package that meets your goals. We believe that financial success for your business is possible. Let us help you achieve it! If you have any questions or concerns, our friendly specialists are just a phone away! Let’s get you approved! ™️
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Serving Clients For Life.®