Business Builder Full Service
Like getting a finance department on your desktop.
Our Full Service Package not only formalizes your loan, but it offers convenient electronic payment processing.
What You Get
Documentation Services
We provide the documents needed to set up a small business loan.
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Promissory Note
This is the meat and potatoes of your private loan. It puts in writing your loan principal, your interest rate, your payment frequency, and anything else in-between. And, it’s legally binding.
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Payment Schedule
We’ll create a payment schedule based on the loan terms you select, spelling out every due date and payment necessary to repay the loan according to the terms in the note.
Repayment Management
To help you keep track of payments.
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Payment Processing Services
We make it easy and convenient to maintain your business loan with payment processing services, starting at just $9 per payment. Using electronic funds transfer, we debit the borrower’s account, and once those funds clear, credit the lender’s account. Plus, we send monthly reminder emails so you don’t have to guess the status of your loan.
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Online Account Access
Check your account whenever you want, online. VirginMoney.com’s bank hours are 24 hours a day, seven days a week. Heck, we even work holidays (well, our website does anyway).
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Year-End Reports
We’ll keep you organized and informed for tax purposes or your own personal review with year-end payment reports.
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Toll-free Customer Support
Friendly client services representatives are available 9AM - 7PM Monday thru Friday EST to respond to changes in loan payments or help get a borrower back on track.