For ISOs and brokers
Submit direct.
Independent sales organizations and brokers submit files by email. Submissions reach the credit team rather than a queue. We work the file with the submitting party rather than around them, and we do not shop files elsewhere.
Submissions
contact@waltuc.comOwners and brokers use the same desk. Say in the subject line that the file is a broker submission.
How it works
Four steps, one desk.
Timing at each stage depends on the file and on how complete the package is when it arrives.
Send the file
Email the package to the desk. There is no portal to maintain and no intake form to fill in. One email with the business, the request, the financials, the obligations, and the collateral is enough to start.
We read it
The file goes to the credit team rather than into a queue. The person who reads it is the person who will ask the follow-up questions and, if it funds, hold the facility through the term.
We come back with questions
Those questions are the underwriting: what the revenue does across the year, what sits ahead of us, what the assets are worth, what the proceeds are for. Files outside our parameters are declined plainly, with the reason.
Structure and documentation
If the file fits, the conversation moves to product, security, amortization, and reporting. Terms are confirmed in writing before anything is signed, and the security package is documented before anything funds.
What we buy
The box, stated.
Inside these parameters, send it. Outside them, we will say so rather than sit on the file.
- Deal size
- $200,000 to $10,000,000
- Term
- Out to 18 months
- Geography
- United States
- Borrower
- Operating businesses. Commercial purpose only.
- Products
- Unsecured, secured, asset-based, and structured facilities
- Collateral
- Receivables, inventory, equipment, rolling stock, owned property — or none, where cash flow carries it
- Position
- First lien, or junior secured behind a senior lender
- Situations
- Seasonality, customer concentration, existing positions, acquisitions, buyouts, and transitions
Product detail sits on the products page: Unsecured, Secured, Asset-based, Structured.
Submission package
A complete file.
Send the whole file rather than a summary. A complete package gets a real read; a thin one gets questions before anything else can happen.
- The business
- Legal name, entity type, state of formation, industry, ownership, and how long it has operated.
- The request
- Amount sought, use of proceeds, and the structure the owner has in mind if there is one.
- The financials
- Recent business bank statements, most recent financial statements, and the last filed business tax return.
- The obligations
- Existing debt schedule, liens of record, and any position that would sit ahead of ours.
- The collateral
- Asset detail where the request is secured or asset-based: equipment schedules, receivable aging, inventory reports.
Asset-based requests need collateral detail from the start — receivable aging with customer names, inventory reports, equipment schedules. Without them the borrowing base cannot be sized. Send what exists; a missing document is a question to work through, not a reason to hold the file back.
Commission
How brokers are paid.
- Structure
- How commission is calculated, and on what base.
- Payout
- When commission is paid and how it is remitted.
- Renewals
- Treatment of renewals, refinancings, and repeat files from the same relationship.
- Agreement
- Terms are set in a written broker agreement executed before the first funded file.
Files are worked with the submitting party. Contact with the borrower runs through the relationship that brought the file, and we do not shop submissions to other lenders.
Ask about the broker agreement