ezbob to demonstrate commercial loan decisions in hours

ezbob says it is revolutionising the delivery of commercial finance with its fully online service, which provides decisions within hours and funds transfer within 24 hours.

According to Director, Sharone Perlstein, the real challenge for ezbob has been to get brokers to test the service, because they have not believed that it was possible to access funding so quickly.

He said:

“Once they try it they are convinced! The problem is that so many brokers have got used to long winded application processes with no real guarantee that after they have gone through the paper gathering exercise, there will actually be an offer at the end of it. So it is hardly surprising that advisers would be sceptical about our claims. We have put the whole process online and as a result it does not take a degree in rocket science or a long background in commercial finance for any broker to provide short term commercial finance for an SME client when they use ezbob.”

“My colleague Travis and I, will be only too happy to demonstrate just how easy the process is. I can assure every broker that they will have a decision within a few hours, provided we have the information uploaded to our secure servers for assessment. After that, it is just a question of how long it takes for the client to agree to the terms and conditions. It is not unusual for loans to be funded on the same day!”