Applying for Business Financing

The Latin American Chamber of Commerce (LACC) places its clients’ loan packages with a group of Chicago’s financial institutions familiar with the LACC’s loan packaging and placement services, and with whom LACC has long-standing relationships.

The loan placement services include:

• Selecting the financial institution that best fits the size of the company and nature of its business, to place the deal
• Negotiating the terms and conditions of the credit on the client’s behalf
• Assisting clients with loan documentation reviews prior to or during the loan closing process
• Representing clients with financial institutions to negotiate restructuring of existing debt

A State or Federal financing agency may participate or guarantee the bank’s loan depending on the use of the proceeds, the nature of the business and the financial condition of the company and its principals.