1. Partnership
After applying, Midland Equipment Finance (MEF) reviews vendor and dealer applications and begins talking with applicants.
2. Prospect
Once a partnership is formed, vendors and dealers make introductions between MEF and their clients with MEF now being able to contact the customer directly to discuss their needs and create a tailored financing solution.
3. Review
MEF assesses the available credit options and structures based on the client’s financial statements. Customers select their preferred options.
4. Underwriting
Performed by MEF and upon agreement by the client, MEF coordinates with third parties to ensure timely delivery of funds.