Loan Approval Process
Loan application
Fill out our loan application so that we can start processing your project and evaluating it. Our loan application asks you all the basic questions we need in order to understand your project. Our application is the first step.
Project Assessment
After we review your application we’ll assess your project and it’s viability. We will probably have follow up questions – but during this critical phase we’re seeing if your project warrants the $ requested.
Supporting Documents
We may ask for certain supporting documents in order to verify some information about the project. This phase is typically a formality – one in which we’re looking for additional information that allows us to verify your claims.
Term Sheet
After we evaluate your project, we’ll offer a term sheet that lets you know what we can offer, and what the terms of the transaction are. This is a very transparent process. If you accept our terms, we can then move to conclude the hard money loan quickly.
Schedule
Depending on your needs and the type of loan you have, we’ll disburse the funds according to a schedule determined during this phase.
Loan Closing and Disbursement
We’ll give you the funds during this phase.
Why Nest Capital? We Make It Simple. We Are Partners First. Lenders Second.
Fast
We’re extremely fast at approving and disbursing funds. We are partners. We know you need the money fast. We work weekends, and all hours of the day. Give us a chance to earn your business and help you.
Local
We have experts in every city and state, who we rely on in order to assess projects quickly. Regardless of where you are, we can help you.
Simple
We keep it simple. We have a very streamlined process, backed by artificial intelligence, that makes it simple and fast for us to vet and fund new projects.