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BROKER

Can Broker Doc Fees Be Added To The Approval?

By |2019-06-11T18:47:52+00:00June 11th, 2019||

We cannot add your additional doc fees to our approval form; however, you may create your own approval (based on ours) and include your additional doc fees in the approval you create and present to your customer. If we collect your additional fee, we will add it to your commission at funding. If you collect

Do I Need to Pull Credit?

By |2019-05-16T19:39:40+00:00April 3rd, 2019||

While you are encouraged to vet your prospective customer's credit profile, Entegra Capital does a hard pull with Experian on each guarantor on the application. We are required to do our own credit pull, even if the broker submits theirs with the application.

Will You Guarantee Me Vendor Exclusivity?

By |2019-05-16T19:37:23+00:00April 3rd, 2019||

We believe that vendors and end-users choose the financing source that best meets their needs. Entegra Capital avoids becoming involved in your vendor and client relationships, including dictating which broker they must use to access our products. Entegra Capital will never directly compete for financing business from your vendors or end-users.

What Do Your Fees Cover?

By |2019-04-03T20:02:59+00:00April 3rd, 2019||

Our non-refundable documentation fee of $595 recovers a portion of the costs associated with managing transactions. These costs include our staff's time, asset re-marketing, technology development, and acquiring the business and personal credit information of the applicant. Our non-refundable inspection fee of $250 recovers part of the cost of the asset inspection and installation of

Do You Require Broker Recourse?

By |2019-04-03T19:00:04+00:00April 3rd, 2019||

Entegra Capital's credit model is extremely accurate in its predictions. As it relates to credit worthiness, once the transaction has funded we assume all responsibilities. We may ask the broker to become involved in some circumstances, but that is a rare occurrence.

Can We Do Our Own Docs?

By |2019-05-10T18:37:29+00:00April 3rd, 2019||

At this time, Entegra Capital generates all lease documents and sends them to you via email as a PDF. Document delivery via DocuSign may be an option in the future.

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