Business Financing
While owning a business has its rewards, entrepreneurship has its drawbacks. A critical and sometimes fatal-one can be the lack of access to the financial resources necessary to keep the business in the black, much less growing. Aletheia Management serves business owners and entrepreneurs who seek financing for working capital, machinery and equipment purchase/lease, acquisition of real estate and expansion. Aletheia Managements use of technology brings potential borrowers into a virtual business arena where lenders, banks, local development corporations, investment groups and other financing sources compete for your business.
Be aware that a lender will expect you to agree to certain performance standards and restrictions in order to ensure that your business can repay the loan. These restrictions, known as covenants, representations and warranties, commonly include the following.
Maintenance of accurate records and financial statements.
Limits on total debt.
Restrictions on dividends or other payments to owners and/or investors.
Restrictions on additional capital expenditures.
Restrictions on sale of fixed assets.
Performance standards on financial ratios.
Current tax and insurance payments.
Create a username and password to your own secure Vault.The Vault enables you to upload and store the financial information required for lenders to make a proposal on the loan. Your Vault information is accessible for future transactions so that your information can pre-populate future loan applications.
Complete the loan application and upload other information.There are over 81 unique loan applications, customized to specific loan types. Each application is designed to give lenders the information they need to make intelligent proposals on your specific financing request. In addition, the Vault can store tax returns, pictures, maps, appraisals, and other documents necessary for lenders.
Upon completing your loan package, if you have chosen to take advantage of our extensive Lender Network, all lenders whose criteria match your loan request are automatically notified. Beforehand, you have the option of excluding any lenders who you prefer not to deal with. You can also invite your own lenders to compete with our lenders and each other to submit competitive proposals.
When lenders review your loan package, you are automatically notified. If lenders have additional questions, they can email you directly thru the system. Lenders then submit their financing proposals based on your loan application and your particular needs. You can view the proposals at any time and even ask lenders questions thru the system.
After all lenders have submitted their proposals, you evaluate the proposals and select the lender whose proposal best meets your needs.There is no pressure from lenders - you remain in control throughout the process. If you have chosen to remain anonymous, your information is sent to the selected lender at this time.
With your best lender, you conduct due diligence and prepare the loan documentation. The loan is then funded.
Congratulations!Please remember to let us know how you were treated by the lender.
Be aware that a lender will expect you to agree to certain performance standards and restrictions in order to ensure that your business can repay the loan. These restrictions, known as covenants, representations and warranties, commonly include the following.
Maintenance of accurate records and financial statements.
Limits on total debt.
Restrictions on dividends or other payments to owners and/or investors.
Restrictions on additional capital expenditures.
Restrictions on sale of fixed assets.
Performance standards on financial ratios.
Current tax and insurance payments.
Create a username and password to your own secure Vault.The Vault enables you to upload and store the financial information required for lenders to make a proposal on the loan. Your Vault information is accessible for future transactions so that your information can pre-populate future loan applications.
Complete the loan application and upload other information.There are over 81 unique loan applications, customized to specific loan types. Each application is designed to give lenders the information they need to make intelligent proposals on your specific financing request. In addition, the Vault can store tax returns, pictures, maps, appraisals, and other documents necessary for lenders.
Upon completing your loan package, if you have chosen to take advantage of our extensive Lender Network, all lenders whose criteria match your loan request are automatically notified. Beforehand, you have the option of excluding any lenders who you prefer not to deal with. You can also invite your own lenders to compete with our lenders and each other to submit competitive proposals.
When lenders review your loan package, you are automatically notified. If lenders have additional questions, they can email you directly thru the system. Lenders then submit their financing proposals based on your loan application and your particular needs. You can view the proposals at any time and even ask lenders questions thru the system.
After all lenders have submitted their proposals, you evaluate the proposals and select the lender whose proposal best meets your needs.There is no pressure from lenders - you remain in control throughout the process. If you have chosen to remain anonymous, your information is sent to the selected lender at this time.
With your best lender, you conduct due diligence and prepare the loan documentation. The loan is then funded.
Congratulations!Please remember to let us know how you were treated by the lender.