Frequently Asked Questions

There is no one who lends against a zero capital investment from the interested entrepreneur. If you don’t have sufficient funds may we suggest that you try to raise the capital from family, friends or outside investors. Your chance of raising additional outside capital is extremely low if you have nominal risk yourself.

2. Can SW Consulting lend me the money to start my business? I am an honest and trusting person and just need someone to believe in me.

SW Consulting is not a lender or investment house. SW Consulting is a financing intermediary and consultant. We assist companies to obtain various types of financing through the multitude of lending institutions, privately owned lenders and private individuals, including Chartered Banks, but also including many other sources. After reviewing your situation we put a plan together for you that makes the most sense given your circumstances and present it to the appropriate lending source.

3. I have an idea for a retail or computer business. Would I qualify for funding?

Unfortunately, most lending institutions and government plans do not support retail, hospitality, computer or trucking related businesses due to their volatility and very high failure rates. These businesses require specialized lenders who are very choosy about the ideas they support. Established businesses, on the other hand, receive support from virtually all lenders in one form or another.

4. What rate can I expect for the financing that I am requesting?

Rate is the least important question asked by most of our clients. Availability of funds is the most important. We have a saying:

“The most expensive money is the money you don’t have or can’t get!”

For smaller businesses, these may include:

1. Personal Credit Score/Rating over the past couple years
2. The business’ financial and credit history over the past two-three years
3. The type of industry
4. The collateral that may be put up against the funds borrowed

For larger businesses, the following are more important:

1. quality of financial data and financial ratios
2. quality of assets pledged for security
3. management team depth
4. credit record and history.

5. Why would I use SW Consulting to find my financing?

Most business operators are keenly aware of their own business, its market, competition and product placement. Even when they employ finance professionals, these individuals are immersed in the corporate culture and are rightfully spending their time improving information for management, measuring productivity and profitability and generally making the business more successful.

SW Consulting expends their entire efforts on the financing of businesses and residential dwellings. We deal every day with the lenders and know, almost instinctively, who has appetite for certain industry types, sectors and who does not. Due to our collective backgrounds we are well versed in how to assess credit from financial information and are expert at structuring a deal for maximum success with our lenders.

A business should engage a finance professional with much the same thought process as engaging a tax accountant or legal professional. Just as your time is better spent improving your business, making a large sale or improving your productivity, rather than writing your own lease documents, your time is much better spent on these productive activities rather than arranging your own financing