A CRM for business line of credit brokers

Lines of credit usually need stronger profiles than advances: more time in business, higher credit, steadier balances and few or no NSFs. Lenders publish these limits by program, and they belong on each program's rules. Lender matching checks the deal's owner FICO, time in business, monthly true revenue, average daily balance, NSFs and negative days, and labels each program Eligible, Eligible with warnings, Needs data or Ineligible.

When a client misses a line by a little, near-miss chips show how close they are, so you can explain what would change the answer or place a different product now.

Most online line-of-credit lenders underwrite from three to six months of bank statements. Bank statement analysis holds each month's figures per account and shows averages and trend, so you know before submitting whether the balances will hold up.

Line offers come with a limit, a draw fee or rate and a repayment schedule per draw, often weekly or monthly. Record the limit and the terms of a typical draw as an offer, and the calculator shows the payment and total cost for that draw so offers can be compared on the same basis.

A client with a line comes back for an increase, a second product or a renewal of the line. Keep each as a separate deal on the same merchant, with the history on the timeline, and set tasks to check in before the line's review date.