QualiFi

QualiFi is a prominent financing enterprise that helps businesses thrive with structured, affordable financial solutions and a streamlined application process. It assists SMBs with their financial needs when they have to depend on the alternative lending market.

QualiFi’s services are geared toward the needs of clients from various industries, including medical and healthcare, construction, restaurant and food, manufacturing, retail, IT, and trucking.

“We are in the alternative financing industry, specializing in about six or seven products typically outside conventional banking,” says Edward DeAngelis, founder and CEO of QualiFi.

QualiFi offers flexible lines of credit, equipment financing, commercial mortgages, 5-10 year term loans, accounts receivable financing, and 3-24 month bridge loans.

While traditional lenders often have restrictive terms or cumbersome application and closing processes, online lenders have an easier process but charge exorbitant rates. Banks have also become conservative since the pandemic, as many businesses struggle to repay their loans. QualiFi solves these challenges by offering tailored loan products that can be obtained through a simple application and reasonable interest rates. A diverse financial service provider, it helps clients navigate today’s volatile economy with a powerful team of lenders for each product and credit profile.

QualiFi’s affordable lines of credit bridge cash flow gaps for clients and enable them to invest in opportunities. These products guarantee the utmost flexibility, allowing them to pay the interest after they deploy and use the capital. Its 5-10 year term loans are built for established business owners that need extra working capital. For clients looking to buy new equipment, QualiFi secures equipment leasing and financing solutions on new and used essential business equipment. Its purchase order financing allows clients to pay suppliers for goods and fulfill large customer orders.

To provide clients with the best and most affordable financing options, QualiFi educates business owners on all the options available to them. This is crucial as it helps clients compare lenders and their offers.

What sharpens QualiFi’s competitive edge is its efficiency and speed, simplifying and expediting an otherwise cumbersome application process and funding deals in a few days. Processing loan applications and crediting amounts faster with limited documentation has empowered QualiFi to be a major player in the industry.

“We offer our clients white glove services from the first time we interact till funding. We also support them after the funding if they need anything,” says DeAngelis.

QualiFi has propelled numerous clients toward success with loan products that match their specific situations. One of its local clients from Pennsylvania wanted to purchase 200 acres of real estate worth $33 million for development but needed $7.5 million to make the down payment. They initially went for the conventional banking approach to meet this requirement. During the underwriting stage, the bank categorized the deal as high risk and decided to withdraw from funding. In this regard, QualiFi secured the amount within 30 days to facilitate the transaction and help them close the deal.

A relationship-focused firm, QualiFi provides its funding managers with a five-week onboarding and training process to help them deliver the best results. What steers it ahead of the competition is its ability to invest in its people and equip them with the best technology in the market. With a goal to perform efficiently and ensure the utmost customer satisfaction, QualiFi continues to build long-term valuable relationships with clients.