What We Wish Borrowers Knew with Oak Street Funding - M&A Playbook

This week's playbook highlights very important insights for first time borrowers from our friend Susie McEuen at Oak Street Funding.

"What I wish knew…because they don't realize this until they talk to me that we are a lending solution for them. And so they think that they're gonna have to mortgage their house and their kids and their wife or their husband and we have a solution for them. We lend the money. It's a business loan.

The other thing is is that they need to understand that this is a business loan, it's not an auto loan. We're gonna ask for a lot more information. There's gonna be a lot more follow up post closing and our goal is to make sure they understand that from start.

I work with my clients from start to the end and beyond that, to make sure, because I would say probably 9 to 10, 9 out of 10 of my borrowers have never done this before."