Corporate can wrap them up in 3 to 4 months easily.
From the first time Adrian mentioned that he was in discussion with a 'big 4' lender, it should have been wrapped up by now.
He then advised in a different webinar that it would come drom a mixture of lenders. My guess is big 4 werent totally comfortable with projected revenue or possibly there was no way to truly establish the figure. That would fall outside credit bureau comfort zone.
My guess is he is dealing with a mixture, including second tier. The longer this drags, the more I keep the finger on the pulse.
i have seen and been involved in hundreds of these in my time.
We should hear something very soon, in fact we should have heard by now, although covid has had an impact on corporate turn around times. Documentation also has to be perused and vetted by legal of which there is also a delay at present
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