Magilla is a search engine for businesses to find financing in a manner similar to Kayak.com or Priceline.com. It matches business borrowers with lenders interested in their loan and generates a MagChart comparing the lending proposals.
Nothing in life is free…except Magilla.
For a business, there is no cost to use Magilla. You submit your loan request and don’t pay a dime. When you match with a lender, there is no fee. Magilla is also not a broker so there are no points added to your loan. It is completely, absolutely free.
Time is money, so let’s save some.
Answering less than a dozen easy questions takes about thirty seconds. What do you do with your spare time… Instagram or some Clash of Clans? Imagine, submitting a loan request for five million dollars and it takes less than thirty seconds to do it and you log on later with seven or eight banks looking for your business.
Compare apples to apples.
You’ve submitted a loan request. Now what? Go to sleep, log in the next morning or a few days later and see loan offers. Compare their terms, interest rates, and personal notes left by the lenders. This puts the power in your hands as you decide who is hungry enough for your business that you want to connect with them.
Call me John Doe
Magilla is anonymous. The questions for the loan request never ask for your name, address, or social security number. Your credit is never run and your identity is never revealed until you match with a lender.
They call it the E-type Jaguar of business lending.
Smooth, aero dynamic, streamlined, and sexy. Magilla looks and feels sophisticated and efficient. The navigation is intuitive, the process is frictionless, and the overall ease of use feels empowering.
Roadrunner now walking?
We mentioned saving time, let’s talk more about speed. Today’s world requires a smart business owner to approach multiple banks, submit their full financials, and then hope for decent loan terms. Then, the borrower must manually compare the options once they finally come back and try to decide which lender to select. Or, that borrower could simply use Magilla. Save all your financial information for the ONE lender that you actually want and select, rather than exposing your financial information to multiple banks.
Don’t lose sales over manufacturer financing.
Company reps are often limited by financing options for the product they sell. Usually they are limited to just the manufacturer’s financing. Customers want options and not always the option of the manufacturer. The sales rep is now stuck waiting for the busy business owner to go find their own financing which could delay the sale or, if the business owner has a change of heart, lose the deal altogether.
With Magilla, the sales rep can submit the anonymous, non-intrusive information and come back to the business with other financing options to close the deal expediently AND help the business owner select the best option for their business. A mighty tool in the toolbox indeed.
Give me a wall of stone, not mud
Magilla offers lenders from all sources to help financing business owner’s needs. However, the vast majority of its lenders are FDIC insured. While peer to peer financing and other alternative lending is helpful in the right situation, nothing is better than a stable, secure FDIC insured lender backing your loans.
A clean window is better than a wall
Business financing can be complicated, confusing, and overwhelming for business owners. Transparency is key when committing to business development and the debt that comes with it. Magilla strives to make every step transparent for both the lenders and the borrowers and help businesses achieve their goal in financing.
Freedom of the free
It is so important and fantastic to mention it is free. It was mentioned already? Did it sink in? Yes? Free for the business owner, free for the sales rep, free for the broker, free to submit loan requests, how does that get any better? All free and no catch.
Free. Fast. Simple. Anonymous. Transparent. What else does a business need? Why aren’t you using it already? You know the say, ”You can lead a horse to water but you can’t make ‘em drink”. www.magillaloans.com