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Business Loans Services
The Woodward Company provides Business Loans services to help fund growth, acquisitions, or work-outs with competitive rates and flexible repayment terms.
Overview of Our
Business Loans Services
Optimized Business Loans Solutions
We offer various Business Loans services to match clients’ specific requirements.
- Rate optimization
- Payment management
- Time to funding
Extensive Lender Network
With a database of over 6,000 institutional and private lending sources, we provide clients with diverse options to suit their financial needs. Our network includes lenders with different specialties and preferences, enabling us to quickly find a suitable funding solution for clients.
End-to-End Management
Our team of experienced professionals manages the entire application process through funding, ensuring a smooth and streamlined experience for clients.
We simplify the process by handling all the paperwork required, leaving clients free to focus on their core business operations.
What Clients Said About Our
Business Loans Services
Nobody would listen to us when we wanted to upgrade our kitchen and dining room during COVID. Woodward got us a good lender and made the whole approval and funding process easy.
Owner – Restaurant
$2 million in Sales and $0.3 million in EBITDA
We never thought a bank would give us a loan for a company that had been dormant for 2 years, but you got it done. Thank you so much!
Seller – Commercial Floor Repair
$1 millon in Sales and $0.3 million in EBITDA
Woodward understood our story of dramatic growth and cost savings by building our own facility. They found the perfect program that got us a larger loan and longer amortization than we had expected.
Principal/Owner – Food Processing
$10 million in Sales and $2.1 million in EBITDA
Thank you for the opportunity to loan money to this exciting business as they transitioned from a distributor to a premier manufacturer in their market. It was fun to watch them execute their plan and be a part of their next chapter.
Private Lender – Distributor turned manufacturer
$4 million in Sales and $0.5 million in EBITDA
10 Types of Loans We Help Secure
4 Types of LendersWe Work With
Institutional
Bank lenders offer the most cost-effective option but are known to have a more conservative approach. However, by combining a bank loan with a government program, you can enjoy the benefits of low-interest rates and higher loan amounts. It’s a win-win situation that caters to your financial needs.
Funds
Private Equity (PE) funds offer loans and acquire companies, typically with less restrictive criteria than traditional banks. However, it’s important to note that their rates are often (but not always) more expensive in the long term.
Government Programs
Numerous government programs exist to aid businesses in acquiring different types of loans. These programs are typically through the Small Business Administration (SBA) or the Department of Agriculture (USDA). With over six programs in each department serving different targets and purposes, we carefully investigate and consider the eligibility of each loan for inclusion in our options.
Specialty Loan Companies
In specific situations, focusing on specialized lenders who excel in particular industries or loan types can provide the best solutions. That’s why we include these experts, whose deep understanding of certain situations leads to tailored solutions.
Woodward’s Business Loans Process
1. Expectations & Strategy
The Expectations & Strategy phase determines if there is a fit between what the client wants and what Woodward can deliver. Much of this centers on a company valuation, the terms of potential offers, and the time estimates to close.
2. Materials Preparation
The Material Preparation phase is conducted concurrently with the Marketing Strategy portion of the prior phase. It involves preparing two groups of documents: Marketing and Data Room.
3. Identification & Contact
This is the phase where we first contact the targets to assess their interest in investing in your company. We could begin this work immediately after the Material Preparation phase. Many times it involves multiple strategies and waves of contact.
4. Terms & Conditions
In the Terms and Conditions phase, we provide enough information to the buyers to allow them to make an offer or accept the terms we’ve finalized. We help you and the buyer structure an acceptable offer to everyone and document these basic terms.
5. Due Diligence & Financing
The Due Diligence and Closing phase is where the buyer verifies all the information about the company’s history, present status, and future opportunities.Explore Our
Business Loans Capabilities
With diverse experiences, we can step into acquisition or merger. Our team is here to support every part of the process!
Expectations & Valuation
- Health Scan
- Expectations & Preparation
- Administration
Material Preparation
- Data Room
Identification & Contact
- Target List
- Log and Protocol
- Review and Revise
Terms
- Financing Proposals
Financing
- Lender Due Diligence
- Financing Commitments
- Document and Schedule Preparation
- Closing
What Sets Our Business Loans Services Apart?
Lender Selection
We will identify the best lenders for your particular circumstances based on 3 factors:
1) Rate (the lowest interest rate or payment)
2) Time (time from application until funding)
3) Advance (the highest loan amount)
Hybrid Loan Features
Many non-bank loans use debt/equity hybrid features to keep payments low and reward lenders when circumstances change. Examples of such features include convertible options, payment in kind, stock awards, and more
Broker Disclosure
The Woodward Company, Inc. serves as a broker between the borrower and lender. Our sole goal is to secure the most favorable loan for you as our valued client. As brokers, we do not advance funds directly.
Frequently Asked Questions
Who are our lenders?
Our lenders are both private and institutional. We select them from our database of over 6,000 lenders.
Do we use private lenders?
Yes. We use both private and institutional lenders. Most private lenders are companies and funds.
Do we use banks and government loan programs like SBA?
Yes. If the client’s situation qualifies for one of the many government-backed lending programs, we will attempt to use that program. Often, government programs are less expensive or more lenient than conventional loan programs.
How do we select lenders?
We select the target lenders for each transaction based on:
– Type of loan the client needs
– The specialties of the lender
– Lender’s loan approval criteria
– Lender’s rates, terms & speed of funding
– Unique characteristics of the borrower’s situation
Why should I use a loan broker?
Brokers save the borrower time preparing materials and responding to lender information requests. They also are likely to get better terms approved and faster times to closing than someone handling all the lender interactions themselves.
Brokers are not required.
What kind of loans do we make?
We can get any type of business loan. This ranges from traditional mortgages, term loans, working capital loans, and leases to specialty loans such as Purchase Order financing, construction loans, energy saving loans, etc.
Are you a direct lender?
No, we are brokers and not direct lenders.
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