If You Want to Get Your Loan Approved, You Have to Become Desirable to Hard Money Lenders

When you are going to apply for loans with hard money lenders, you might feel like the “choice is theirs” or that they are in the driver’s seat of the scenario. However, Level 4 Funding shows you how to take control and become desirable to lenders!

For new business owners and those who are trying to grow or expand their businesses to the next level, the right loan can be just the thing to make this dream come true. However, instead of seeking lenders, why not turn the tables and make them want you? Level 4 Funding offers a few thing that hard money lenders look for when approving loans.

Credit score doesn’t rate. It’s good to know that credit score isn’t as important to short-term, alternative lenders as it is to conventional credit institutions and banks. Quite frankly, the biggest and best thing you can do to win over hard money lenders is to be prepared to pony up the collateral. The amount you will need all depends on the size of the loan, but if you have collateral to put up, lenders will want to help you.

In the case of short-term loans, having perfect credit scores and squeaky clean history is not super critical, as it would be in the case of a longer-term loan with a conventional lending institution, it’s still important to have your “ducks in a row.” For example, if you’ve repeatedly ducked out on payments with other creditors, your lender may get cold feet about taking a risk on you. So make sure your financial affairs are in order, and be prepared to explain any dings or mishaps along the way. Honesty is the best policy here in order to establish a mutual trust.

Show them why you want it.

In this world, passion goes a long way. People want to help people who have a dream and are inspiring to achieve success. This is no different with hard money lenders. Professional and reputable ones truly want to see your business succeed (and ultimately see their return on investment). So find not only a lender that you can trust, but one that believes in you, too.

Handle setbacks with a calm attitude.

It’s no secret that trying to secure a loan is a tough thing. Sometimes there are hoops to jump through and unexpected bumps and challenges along the way. How you handle these little challenges and surprises will show the lender how you will likely handle bumps and challenges that are sure to occur in your business down the road. So take a deep breath, relax and think through each problem with a clear head before reacting or responding. Just that simple shift can help you put things into perspective and approach the issue with clarity, and that is very desirable to many lenders who have been borrowers lose their cool — and that’s not cool.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

Key Differences between Commercial Loans and Residential Loans

Knowing the differences between commercial loans and residential loans will help you to understand the lengthy process when applying for a commercial loan.

Most consumers think that the process to apply for a residential loan is fairly in-depth and thorough. But if they were ever to apply for a commercial loan they would begin to look more favorably on the residential loan application and approval process. Because of the larger sum of money involved and the greater risk and volatility in the commercial real estate market, commercial loans and the application process can be very intense.

When a consumer applies for a mortgage, the lenders first concern is their income and its stability as well as their debt load. Consumer’s debt should be no more than 45% of their income. But commercial lenders are more interested in the ability of the property to generate income to pay the loan. This is called a Debt Coverage Ratio and lenders prefer to see the ratio at 1:1.25 at the least. This means that the income to cover the loan payments is relatively secure.

A down payment on a home is somewhat negotiable and in some cases is very, very small. But due to the increased risk associated with commercial loans, these down payments are normally 20%. This gives the lender the added security of knowing that the property is valued at 20% more than the initial loan amount. Even in the event that the borrower defaults early in the loan, chances are good that the property is still valued at the full payoff on the loan.

Time Is Critical for Commercial Loans

A normal residential mortgage loan can range from 15 years to 30 and some even stretch as far as 40 years. But a commercial mortgage loan rarely exceeds 10 years. This is because lenders want to decrease the risk of the loan by getting their money back faster. In addition, consumers can pay a mortgage loan off early and save some of the interest that they would have paid over the term of the loan. This is not the case for a commercial mortgage. And in fact, there can be penalties which must be paid called prepayment penalties. In more cases the penalty decreases the further into the loan you progress. But the lender wants to be sure that they make their desired profit, or earning, on each commercial loan they write.

Not Really Even Similar

A consumer mortgage and a commercial property loan are only similar in the fact that it is a loan to purchase property. The dollar amount of most commercial loans is substantially larger than the average home loan. In addition, commercial real estate values are very volatile and can change drastically and very quickly. This is an added risk for the lender. Due to these increased risks, lenders are much more particular about the loan applications which they approve and the terms for which they will offer the loan. Having a good understanding of the lenders approval criteria can save a borrower a great deal of time in completing lengthy commercial loan applications if they don’t meet the lenders criteria.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Find The Right Fulfillment Service For Your Business’ Size And Needs

Don’t be worried about the agreement you will make with your fulfillment service

Fulfillment Warehouse

center. It isn't going to be complicated, but you may worry that you are giving up control of your business once you send them your inventory and allow them to begin picking, packing, and shipping. Don’t feel this way! Before you know it, your fulfillment service center is going to be seamlessly working with your company to ensure that your commands are carried out and your products and picked and packed correctly so that all your end customers are happy and you have more time to devote to your business or your family.

If you are worried about how the money adds up, think about this: Typically a fulfillment service center makes a profit from a percentage of each unit of product they store, ship, track, and provide customer service on behalf of the client business. Their name is never mentioned in any of these transactions, only yours. Additionally, these percentages depend on a variety of factors and may change over time as you revisit your contract and your business grows.

THE FULFILLMENT SERVICE CENTER OPPORTUNITY

A fulfillment service center can be a major benefit for businesses that use them.

Best West Direct is My Friend

From customer service operations to the best and most efficient picking, packing, and shipping, a fulfillment service center not only frees up more of your time, but ensures that the steps they are taking in the name of your company are perfect every time. And if they aren't perfect, the fulfillment center will not only make it up to your client, but also to you.

Never worry again about your inventory; allow the fulfillment service center to take care of your needs and oversee your operations so that you have more time to make sure that your business grows the way you want it to. It will give you quite the edge over the competition.

Fulfillment Service Center

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611

Do You Give Up Authority When You Outsource Fulfillment Service?

As a business owner, you know that when you hire a fulfillment service center, one

Fulfillment Warehouse

of the scariest moments is the feeling that you are giving up your authority. It’s scary to wonder if you have the last word on your business once you hire someone to oversee the decisions you don’t have time to do, such as picking and packing. Understand that when you hire a great fulfillment service center, you always have the last word. Think of the fulfillment service center as a partner with you in your business.

The Partnership Between You and Your Fulfillment Service Center

The fulfillment service center is there to serve you. They will provide you not just

              Fulfillment Service Center

with excellent picking, packing, and shipping needs, but also provides you with a customer service call center for your clients. The fulfillment service center is never named during these calls or when packages go out, instead, your name is the only one your clients hear, so there’s never any confusion about who the clients are dealing with.

WAREHOUSE FULFILLMENT SERVICE AND INVENTORY FOR YOUR BUSINESS

The fulfillment service company begins, either gradually or all at once, to manage the fulfillment of warehousing, pick and pack, storage, shipment, processing, and order tracking of its client business. You get to choose the pace and ease yourself into it until everyone gets into the swing of things. You can begin not to worry about your inventory or clients receiving their packages; the fulfillment service center begins to deal with these aspects of your company immediately so you don’t have to.

The fulfillment service company will also store the products you sell and your inventory as long as the contractual agreement requires, or until the products are sold. The dates of storage are normally kept readily available for both the fulfillment service company and the client business to review.

Processing and Shipping

The fulfillment service center will receive sale and shipping information from the client business. It is then the fulfillment center’s warehouse staff who processes and prepares the product for shipment. Address and shipping labels are printed bearing the client company’s business information and logo. Never the fulfillment service center’s.

The fulfillment service center is always then sure to provide both the customer and the client business with the shipping information. This keeps their efforts perfectly transparent.

Fulfillment Service Company

Best West Direct
Fulfillment Service Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

Your Business Will Do Better With a Fulfillment Company

Business owners: when you outsource your mail order marketing to a fulfillment company you will be able to take advantage some really great opportunities such as having more time to put into your business, having efficient packing and shipping, and having knowledgeable staff available to help guide you along the way. Having resources provided for you as part of your outsourcing agreement is part of what making fulfillment services great.

Moreover, fulfillment companies are able to maintain their own climate-controlled warehousing. That means you never have to worry that your products aren't at the right temperature because they always are. You don’t have to deal with any little tasks like that- you have time to get down to your business. You never have to spend time doing inventory either because that is all done by your fulfillment service center. Additionally, money that would have been spent in those areas can be re-directed to front end business development or saved for your existing business. You and your business come out ahead either way.

A business owner is always looking for more time, which is why an entrepreneur might want to begin using a fulfillment service center. Sometimes, you need to put more time into your business and focus on other aspects. Picking and packing can be incredibly time consuming, especially just when your business is starting out. Using fulfillment solutions- such as a fulfillment center warehousing, customer service, and packing/shipping allows a business owner smooth operation that you don’t have to think about twice. A fulfillment center is peace of mind and a little extra time at the end of the day. You can’t really put a price on that, but it can go a long way into your new business.

Allow a fulfillment service center to give you some peace of mind and help your business grow by giving you the time, efficiency, and equipment you need to become great.

Fulfillment Service Company

Best West Direct
Fulfillment Center
23335 n 18th Drive Suite 120
Phoenix AZ 85027
623-580-0611
www.BestWestDirect.com

About Best West Direct Complete Fulfillment Corporation

About Us Complete Fulfillment Corporation

Since 1985 Best West Direct has been helping clients that sell products to customers who happen to live all over the world; from America to Albania we will ship anywhere! And that means so will you.

As our company expanded (because your companies expanded) we began to offer other services as well to our clients, such as:

• Return processing, which includes inventory management

• Kitting and assembly

• Digital product photography

• Mail services

• Custom I.T. projects

• Professional photographs for products

In fact, our superior fulfillment services are really only a small part of the ways that Best West Direct supports its customers. As part of the accreditation offered by the Mailing & Fulfillment Service Association, Best West Direct has developed standard processes for each of the following processes:

• Inventory control to ensure accuracy

• Quality standards that drive continuous improvement efforts

• Employee training for every position

• Exemplary business standards for every business practice

At Best West Direct, the moment we receive an order is the moment we get to work at our Phoenix fulfillment center. Our team makes sure to select the right products before packing every item on the order for shipment. Then, a Best West Direct fulfillment corporation team member delivers the packages to the appropriate shipper. Our centrally located Phoenix fulfillment center is in an ideal location for the most efficient shipping for our clients. Best West Direct strives to provide great customer service without taking any of the credit.

Best West Direct even offers to be a direct response service center for customer calls. Customers can call the client’s toll-free number and reach the customer service representatives at the Arizona fulfillment center. However, all calls are answered using the appropriate client’s name. Your client will never know it is Best West Direct.

Being an entrepreneur means you don’t have a lot of time to do the tedious things a business asks of you. Best West Direct does that for you. By outsourcing the fulfillment processes, clients get to optimize every dollar and focus on their core businesses. Every dollar saved by the client provides an opportunity to grow their business into a powerhouse in their sector of the economy. Businesses of all sizes depend on the staff at the Phoenix fulfillment center to meet customer demands every day.

custom foam packaging

Best West Direct 

Fulfillment Service Center

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-580-0611

What Should I Know About Fulfillment Service Operations?

A short product delivery time is essential for a growing business when they are trying to prove their greatness. Old and new businesses alike are outsourcing their fulfillment services to save money and shorten product delivery times to their customers.

Best West Direct can shorten the product delivery time and offer an efficient way to ship that will exceed the client’s expectations. There are combinations of services that can be part of a package offered to businesses in order to fulfill a customer’s shipping orders:

• Secure space – Best West Direct’s Phoenix fulfillment center has ample shelf

fulfillment service

space in a temperature-controlled Arizona warehouse fulfillment center. Having inventory-control like this ensures that every product is accounted for from the time it arrives until it arrives to the customer who bought it. Warehouse personnel are trained to handle every product with appropriate care.

• Avenues for order receipt – Clients can receive orders from many different sources; company website, emails, fax, or telephone and Best West Direct will accept them all. Best West Direct is able to accept any of these types of orders into the Arizona distribution center. Each client will then be provided with a web interface as part of the service agreement. Customers will also be able to send orders through their favorite avenue, no matter what it is.

• Order fulfillment – The Phoenix fulfillment operation has always been proud of their trademark flexibility. Products, literature, samples and other fulfillment requirements can be met through the Arizona distribution center. If a client has a unique or unusual request, those needs are met through existing processes at Best West Direct

• Online monitoring – Clients are given access through a portal that provides up-to-date information about the inventory levels at the Arizona fulfillment center. The number of customer sales in a given time period will provide insight into the growth of the business and the services provided.

• Customer service – Every order is fulfilled with the end customer in mind. Accuracy is always tracked to ensure that the products requested are certainly shipped in a very timely manner. Best West Direct strives to provide stellar service for every order. We want you and your customers to be happy.

• Optimal location – Best West Direct Fulfillment Corporation did their research and we know that proximity to the major shippers in Phoenix is important, so it was a major consideration when the location for the Best West Direct Fulfillment Corporation was selected. During peak seasons, multiple shipments will be taken to the shippers throughout the day. Best West Direct Fulfillment center’s close proximity ensures shorter arrival times for the client’s customers and that means happier customers!

• Well known – Best West Direct is a client favorite. Our clients share personal stories about Best West Direct with others who are seeking fulfillment services. We strive for a positive reputation. It has always been important to us and to everyone that has a hand in filling orders for our clients. Our effort goes towards living up to our client’s expectation with every order that is filled by our fulfillment center in Phoenix.

• Friendly terms & friendly people - Moreover, clients trust Best West Direct to ensure that every product is handled as though our reputation was on the line; because it is! We want to avoid errors so we have a careful process management that allows our personnel to work efficiently. As the client’s company grows, the fulfillment center is ready to offer our additional services as well as handle a higher order and product volume.

We welcome ecommerce businesses of any size. We do not require a minimum order volume each month, which gives you the flexibility you need to grow, build your reputation, and gain market share. Our easy terms include:

• No order volume minimums

• No hidden fees

• No long-term contract (Honest! You can really cancel at any time for any reason.)

Our friendly Best West Direct team is always ready to help! We will right an order gone awry, re-tool your packaging, or even run a custom report. We want to help you grow your business and make people happy.

Act now to Get A Quote and get started with America’s leading outsourced fulfillment company, eFulfillment Service.

We’ve been Arizona's Largest FedEx Ship Center since 1991!

Best West Direct 

Fulfillment Service Company

Fulfillment Service Center

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-580-0611

Should I Hire a Fulfillment Company?

Hiring a fulfillment company

Hiring a fulfillment company is one of the most beneficial things a business can do for themselves. Think of it like breakfast; an important necessity to fuel a growing body= or in this case, a business.

Hiring a fulfillment company means that you get the benefit of their knowledge and

fulfillment service

assistance as they provide you and your company with some better and more efficient new ways of building your business in a stable way. Maybe your current shipping methods aren’t working as well as you would like. Don’t fret! A fulfillment company will let you be more innovative and efficient when it comes to getting things done. A fulfillment company could be the answer you are looking for if you keep saying, “There’s got to be a better way to be efficient and get packages to my client in a timely manner.”

Fulfillment companies also save you extra money – and who doesn't like extra money? By choosing a fulfillment company you trust, their services will provide zero hidden fees or costs. They will treat you the same way they treat your customers –with respect. Moreover, fulfillment companies don’t require long-term contracts, so you can use them only when you need them! Don’t use them when you don’t need them. There’s no obligation to use them consistently, but you may want to when you see how great a fulfillment company can be when you need help with timely shipping.

WHEN TO HIRE A FULFILLMENT COMPANY

As an entrepreneur, you have a lot to contend with and so many unexpected expenses and that can make it difficult to make decisions about your company, especially financially. You might ask yourself, should I outsource the shipping of my product? Or should I ship myself? You have to know the cost associated with each option and just when you will get the money you deserve.

It really makes sense to outsource and hire a fulfillment company if, as an entrepreneur, you have more money than time. You see, a fulfillment company can help you at a faster rate and they can make sure you get your products out on time that the customer expects.

If you are interested in using a fulfillment company, then you will need to do some research to find the service company that best suits the needs of your business. Find a fulfillment center that you trust, can do the job correctly, treat you –and your clients- properly, and sufficiently fulfill your orders.

Fulfillment Service Company

Best West Direct 

Fulfillment Service Center

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-580-0611

What is a Pick and Pack Service?

Pick and Pack Services

Accuracy is our middle name. We strive for perfection and in order to get every dot over the ‘i’ and ever ‘t’ crossed, it starts with accurate ordering. The fulfillment process begins with taking the ordered products from the shelf and assembling the order in an appropriate shipping container. All personnel follow standard procedures to prevent mistakes in order fulfillment. If we make a mistake, we will make it up to not only you, but your client, too.

Here’s what we can do with you for your picking and packing services:

• All ordered products are picked, packed and shipped within 24 hours of received order receipt

• Vast selection of packing supplies to ensure that your order arrives the way it should

• Order processing through manual order entry or the uploading of a CSV or XML file format, which is sent from the shopping cart or e-commerce application

• Customized packing lists for every individual order

• Email order confirmations for clients and/or customers

• Reports concerning inventory, orders and shipped items

Order Shipping

We make sure that all packages that have been assembled during the workday will leave the warehouse in a timely fashion and get delivered within the allotted timeframe. Shipper schedules are also monitored to optimize the trips to the shipping hubs. The optimal location of the Phoenix fulfillment facility ensures that more packages will leave Arizona each day.

Here’s what you need to know about our shipping process:

• Domestic shipping through preferred carriers, including: FedEx, UPS and USPS

• We offer international shipping and fulfillment

• We offer C.O.D. shipping options

• We offer shipment tracking for customers so they always know where their package is

Support

Best West Direct provides an experienced team of customer support personnel that is available for any questions a client might have about anything from the website interface to their eCommerce shopping cart. Questions are always answered in your name and all issues are tracked with a ticket system to ensure details are addressed.

Here’s what you can expect from our support system:

• Round-the-clock ticket system for any issue that must be reported to the fulfillment center

• A very experienced and helpful customer service team

• All services are backed by the Best West Direct 100% Satisfaction Guarantee

ADDITIONAL FULFILLMENT SERVICES

Everybody likes getting a little extra. At Best West Direct, we have procedures for returning products from customers who want to return unwanted or damaged products. Every product is accounted for in the returns process to ensure that the client’s account is credited. Specialty services are even available for clients with specialized products. Moreover, all clients can request that products are professionally photographed for display on the websites.

Our additional services include:

• Return processing, which includes inventory management

• Kitting and assembly

• Digital product photography

• Mail services

• Custom I.T. projects

Fulfillment Service Company

Best West Direct Pick and Pack Services

23335 N 18th Drive Suite 120

Phoenix AZ 85027

623-580-0611