This page answers the three questions every business should ask before hiring a credit advisor. Here is how Credit Core Finance works.
Is there a written agreement?
Yes, always. Every mandate starts with a written engagement letter on our company letterhead. It states the scope of work and the fee before any work begins. If an advisor will not put the engagement in writing, walk away.
How is the fee charged?
It depends on the product and the lender. In some cases the lender pays our fee, and you pay us nothing. In other cases you pay us a professional fee. Either way, we do not take any upfront or advance fee to start work. Which fee applies to your case, and when it becomes payable, is stated in the engagement letter, in writing, before any work begins. The lender's own charges, like its processing fee and the CGTMSE annual guarantee fee where it applies, are separate and are always disclosed before you sign anything.
A note from experience: advance-fee fraud is common in this market. Many business owners have paid an "advance" or "file charge" to someone promising a loan and never seen that money again. Do not pay an advance to anyone, including anyone claiming to speak for Credit Core Finance. If in doubt, call us directly on the number below.
Do you guarantee approval?
No. No advisor can guarantee a bank sanction, and you should not trust one who promises it. We appraise your file the way a bank credit manager will, before it reaches the bank. We grade the file and show you the gaps. Then we place it only with lenders whose policy fits your case. If the file is not bankable yet, we say so in writing, with the reasons and the path to fix them. Banks advertise. Brokers claim. CCF grades.
What happens when you contact us?
Send four documents: your 12-month GST sales summary, latest P&L, latest balance sheet, and the sanction letter of any running facility. We grade the file the same week and give you a verdict in writing. Only after the case is graded bankable do we build the full bank file.
Talk to us
Credit Core Finance · MSME Credit Advisory · CGTMSE Loan Facilitation ·
Credit Structuring & Syndication
Building E1, Office 3, First Floor, Liberty CHS, North Main Road, Koregaon Park,
Pune 411001
Phone: +91 89563 34991 ·
Email: info@creditcore.finance
BM Credit Core Finserv Private Limited · CIN U66190PN2023PTC222604