What does the application process look like?

Edited 2 years ago

Our application process is simple, straightforward, and transparent, with the following steps:

• Online application (~5 minutes, for up to $100K pre-approval)

• Takes ~5 minutes

• System might issue an auto approval in seconds; human second look / follow-ups in select cases with no system approval

• Key information needed:

• Each beneficial owner’s SSN

• Authorization for a consumer credit soft pull from one beneficial owner or control person (eg senior executive)

• Business bank account connections via Plaid

  • See our application guide for a full list of information needed + step-by-step instructions

• Manual underwriting (for higher limits; ~2BD turnaround by Slope), with:

• YTD financials + last 2 years’ tax returns (audited financials acceptable if latest tax return not finalized)

• Loan statements for debt >$200K (required only for >$250K limit with Slope)

• Up to 30-minute routine diligence call, as needed