Acquisition Financing Services: Overview

RMC's financing process benefits everyone involved, as buyer, seller and broker go through the "application mill" one time only. One complete application package, crafted for credit review by an experienced banker, will satisfy all lenders.

RMC's Application Process

First, we pre-qualify to assure it's a feasible transaction.  After borrower has approved our financing scenario, we email an executive summary with lender's credit analysis and documentation, headlining key credit strengths and issues, to the most likely bank prospects simultaneously.

Based on initial responses, RMC obtains a proposal letter from the strongest prospect--usually within just a few days.  Upon borrower's acceptance, a complete electronic loan file reaches the lender on the same day.

In the rare case of a decline (our approval rate is over 90%), other banks are waiting in the wings, their initial review of the summary already done.  A strengthened proposal (based on analysis of the first response) can go out immediately.

Fees for Progress and Closing

Fees are due when bank proposal & commitment letters are accepted and after financing closes--when the borrower has access to working capital from the loan.

Deals Stay on Track: Everyone benefits from clearing the finance hurdle with speed and certainty. Avoid the usual financing dead-ends, and you've side-stepped the most common cause for deal meltdown.