MAGNOLIA CAPITAL GROUP
FAQ’S
Magnolia Capital Group functions both as a direct lender and as a broker. All files go through our internal underwriting process first, as we prioritize in-house lending. Each file is carefully evaluated and then we make a determination whether we will be able to provide in-house funding or whether it will be necessary to work with a partner-lender to obtain financing for your business. We have strong relationships built on trust and mutually aligned goals with all our thoroughly vetted partners. [Regardless, our partners will never receive your personally identifying information or contact information without your explicit authorization.]
We pride ourselves on the time, care, and effort that we put into each file. A Funding Specialist will
discuss your current goals, challenges, and financial situation to help you determine which lending product is the best fit for you right now. Your Funding Specialist will also work with you to develop a long- term strategy for business financing. We are here to work with you every step of the way.
We understand how important this question is and wish you could magically give you an answer right now. To be able to determine what product is right for you, the amount of funding, and the interest rate,
we need to learn a little bit about your business financials and your current personal & business credit situation. Once we receive your complete application and necessary documents, we will be able to tell you exactly how much money you qualify for and exactly what the interest rate will be within a few hours to a few days.
A Funding specialist from Magnolia Capital Group will reach out to you by phone, typically within 1-2
hours, but always within 24 hours. During the initial call, the Funding Specialist will discuss the product you inquired about, what documents are necessary, the next steps in the process, and answer any questions that you may have.
We determine eligibility based on a variety of factors- we take a holistic approach to your file and do not just see you as a number. In the event that you do not qualify you for the financing or the terms that you want, we will develop a customized strategy to help you become eligible as quickly as possible. Read more about our Business Credit Builder/Optimization program here.
Magnolia Capital Group will not perform a hard inquiry, only a soft inquiry that will neither appear on your credit report nor adversely affect your credit score. In the unlikely event that a hard inquiry would need to
occur, we would discuss it with you and obtain your explicit authorization in writing before continuing.
We will never ever sell your data or personal information to third-parties. All information is kept strictly confidential, stored locally on encrypted servers. You will never be contacted by a third-party based on information that you provided to us. We respect your privacy and take your personal information very
seriously.
It varies by product; Term Loans usually take between 4-8 weeks, Lines of Credit can take 1-4 weeks, and Bridge Loans usually fund same-day. After reviewing your file, a Funding Specialist will be able to give you a detailed timeline of when you can expect to receive money in your account.
Apply Now
Ready to move forward and explore your options or just want to learn more? Please complete an application and a Funding Specialist will reach out to you shortly. If you’re not ready yet to complete an application but still want to learn more, please fill out the form below and a Funding Specialist will reach out to address any questions or concerns that you may have. We look forward to speaking soon.
All information is kept strictly confidential. We will never sell or share your data. Please see our FAQ to learn more about our Data & Privacy protocols.