Medro Updates

Check Provider Fit Before Requesting Detailed Financing Terms

By Don McClain

By Don McClain | Founder & Principal, Medro Advisors

The June 17 archive article explains why capital providers differ by transaction and asset specialty. Before seeking detailed terms, compare the proposed use, property or business type, location, amount and stage of operations with the provider’s stated scope. Mark each point confirmed, outside scope or unanswered, with the date of the response. A broad advertisement is not confirmation that a particular request fits. Begin with a non-confidential overview and avoid circulating a full financial file merely to learn basic eligibility. Medro Advisors can help frame the fit questions. A fit check is not an approval. FUNDED is forthcoming.