I spent the last few years of my career as a commercial leasing broker at a firm that lent hundreds of millions of dollars for small-to-medium sized businesses throughout the country. We did more to stimulate the American economy and help Main St. prosper more than any other industry.
The result? Our track record spoke for itself: Inc. 500 recognized us as one of the 50 fastest growing financial firms in the United States for the past five years. We were also named the fastest growing company in Los Angeles by The Los Angeles Business Journal.
But our accolades could only go so far. The economic storm that confronted everybody in late 2008 was a realization that everything was about to drastically change. Our firm's capital had completely evaporated, and the demand for it was skyrocketing as the rules for borrowers became stricter than ever before. Just as the economy's tide was changing, so were our company's prospects in large scale commercial lending.
In the past two years, I witnessed firsthand many people's "good credit" eventually reduce to "below-average credit." I saw banks radically raise the entry bar, uniformly tightening their lending criteria. More alarming was the vast number of incorrect items and common errors on most people's credit becoming the difference in thousands of dollars on home loans, higher interest rates on credit cards, or simply basic approval.
Having dealt with hundreds of thousands of credit issues in day-to-day operations, we became quite acquainted with all-things credit. With my background in small-to-medium business solutions, I, with the help of the best team in personal finance solutions, founded Accurise.com, a company made to help all individuals like yourself get the financing you deserve.
Our past successes are something we will always be proud of, but it is our customers' experiences that truly exhibit how we shine here at Accurise.com. We hope to hear many more for years to come.
Sincerely,
Eric Schlegel
President, Accurise.com