Our PRocess

Understand. Optimize. Deliver.

Put simply: Business Owners will spend less time applying to every lender than they current spend applying to one.

1. Assessment

A short online 8-10 question survey focused on classification questions (type of financing, location, industry, etc.)

We determine: if we can help, which lenders would be interested, and finally, the requirements each of them have. 

2. Application

Some applicants wish to apply for Terms & Conditions that we don't believe are realistic. In that event, we will still make the strongest case possible however we take a 'work-fee' upfront that, if funding is approved, we deduct from our end fee.

FiFlows Custom Application
We create a digital application for each Company that is between 10-20 questions long and include a secure upload portal for required financial documents. With all of the information on hand this can take as little as 30 minutes.
Analysis & Deal Structure
We evaluate the request as each lender would and determine the closest deal structure that each can approve. Our process involves two main components: the Narrative, and the Financials. Identifying and addressing any information gaps or questions that lenders will have.
Application Sign-Off
We present the applicant with a recommended range of deal structures. We outline compromises and mitigants and the possible trade-offs each present. In short, we lay out our approach to getting the lenders to provide their best Terms & Conditions.
Formalization & Engagement
We outline our Terms of Service including the expected fees and timelines. Going into every engagement we target fees of less than 0.5%.

3. Evaluate Options

FiFlows delivers your application to each lender and curates their feedback. Companies decide which Term Sheet to proceed with (independently or with FiFlows guidance). For full banking relationships we often recommend meeting in person with a select number of Lenders to determine fit.​
Deal Closed
Once a Term Sheet has been selected our job is done. Of course, if we can be of additional assistance we are always here to help!

Frequently asked questions

Every step of the Loan Application process is optimized.

The status quo is tough: Looking for lender options, trying to get a meeting with the right person, having that introductory meeting, going back and fourth on information requirements… just so you can wait a really long time for them to underdeliver on the Term Sheet.

We have a clear online process that can be done on your time, from your office. We set expectations appropriately. And we engage EVERY selected lender simultaneously.

We secure lending facilities for your clients. We do it quickly. And we give them a much better experience than knocking on a bank’s door. We also pay a referral fee or donate to your preferred local cause.

At launch we are open to work with any Commercial Banking client. This typically includes any business borrowing $500,000 – $20,000,000 but varies, so get in touch and we will give feedback quick.

Once engaged we:

1. Understand the deal/company through the company’s choice of an online form or on-boarding phone call.

2. Build the deal application

3. Analyze and build a proposal

4. Engage lenders with individualized applications.

5. Share feedback with clients and arrange for intro meetings with all potential lenders.

6. Remain available to help Business owners evaluate and choose a lending partner.

We charge an application fee that is deal specific and outlined in our deal summary and feedback to the client. We try to keep our one-time fee <0.5% of the transaction total. Feedback has indidcated that the competitive environment for lenders often sees overall rate savings exceed that 0.5% hurdle on an annual basis. On a 25 year loan those savings are significant.

220 20th Street West
Saskatoon, SK S7M 0W9
Contact us
Phone: 1 306 850 2342
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