Why Would a Funder Call My Landlord or Visit My Business?
A funder calls your landlord or checks your location to confirm the business really operates where the file says it does. It's a standard fraud check on larger advances or newer files, and it doesn't mean anything is wrong with yours.
What does a site check look like?
It varies by funder. The lightest version is a quick look at your location on a map and your business listing online. A step up is a request for a few photos of your storefront, signage and inside the space. Some funders send an inspector who visits for a few minutes, takes pictures and leaves. The heaviest version, usually on larger amounts, pairs a visit with a call to your landlord.
Why does a funder call your landlord?
Rent is one of the biggest fixed costs a business carries. A funder wants to know you have a lease, that it isn't about to expire and that you're current on it. A landlord who confirms the tenant and says the rent is paid is a strong signal. A landlord who says you're behind is a problem the funder would rather hear about now.
How do you make the check easy?
- Give your landlord a heads up that a funder will call to verify your tenancy.
- Keep your signage visible and your business listing accurate.
- If you work from home or a shared space, say so up front. Funders have ways to verify that too.
- If you've moved recently, have the new lease handy.
What if you're behind on rent?
Tell us before your file goes out. Some funders will still work with you, especially if part of the advance goes to catching up, but they need to know in advance. A surprise from the landlord call is harder to recover from than an honest answer on our first call.
How do home-based and mobile businesses get checked?
Not every business has a storefront, and funders know that. A mobile detailer, a contractor or an online seller often works from home or from a truck. For these files, funders tend to check other signals: a business listing, a website, invoices to customers, a vehicle with the business name on it, or a short video of your workspace. What they want is confidence that the business is real and operating. Be ready to show whatever fits your business. The more easily a funder confirms you exist and work where you say you do, the fewer questions come later and the faster the file moves toward an offer.
Which photos answer the funder's question?
If a funder asks for photos, send a clear shot of the outside with your sign, one of the main work area and one showing inventory or equipment in use. Three good pictures usually settle what an inspector visit would.
How can Afterfirst help with this?
Call 877-FUND-654 and tell us about your location: owned, leased or home based, and how long you've been there. We'll let you know if the funders we're considering for your file typically run a site check, so you can prepare your landlord and your space.
What else do owners ask about this?
- Can I get an MCA if I'm behind on rent?
- Why do funders ask for my ID, a voided check and proof of ownership?
- Who is the actual funder on my MCA offer?
More short answers on this topic are on the applying FAQ, and the funder fit checker runs the numbers for your own file.
Have a question we didn't answer?
Ask us on the call. Call 877-FUND-654 with any question. We call you back, usually the same business day, and we always talk with you before we shop your file.