Initial discussion
Tell us about the business, amount, purpose, timing, and expected repayment source.
Velocity’s process is designed to help business owners understand what is needed, what is being reviewed, and what comes next.
Tell us about the business, amount, purpose, timing, and expected repayment source.
Provide business and ownership information and review the applicable notices.
Depending on the request, we may ask for bank statements, financials, receivables reports, contracts, invoices, or quotes.
We evaluate identity, eligibility, cash flow, existing obligations, risk, and product fit.
We may request clarification, explain that an option is unavailable, or present an available option.
Review proceeds, cost, payment frequency, duration, fees, prepayment treatment, security, guaranty, and defaults.
Approved transactions remain subject to completed documents and final funding authorization.
Keep information current and contact Velocity early about a material change or servicing concern.