It usually does but, not always. If, during the data verification and credit report review process, certain data you submitted cannot be verified or other pertinent information from your credit report is revealed, the loan offer may be rescinded by the lending affiliate.
Does receiving a loan offer and accepting it mean I will get a loan?
Share This Story, Choose Your Platform!
About the Author: SweetPay
David has developed extensive experience in technology, retail, and consumer finance. SweetPay is his latest venture in these areas, designed specifically to help small businesses compete more effectively with consumer finance offerings. Previously, David founded and is currently Chairman of LendPro LLC, the innovator and leader in consumer credit waterfall technology platforms. LendPro was conceived in 2011 from his retail showroom floor kiosk business, Showroom Technology. He has worked with and sold consumer lending solutions to thousands of retailers, from Top 100 home furnishings chains to small regional stores. David also has held leadership positions with several large, publicly-traded software companies.
Good morning. I own a small business, specializing in basement waterproofing/ foundation repair and would like to be able to offer financing to my clients. Looking for more information. Thanks and hope to hear from someone soon. Have a blessed day.