About Us
"We were founded with a single vision ... to help small businesses and more importantly, their owners, achieve their lifelong dreams and aspirations."
Richard Lofters, Founder and President
Rich began his career working on top secret projects for navy defense contractors before moving to the world of finance. After spending over 20 years working for various top Wall Street firms he decided it was time to fulfill a lifelong dream of starting his own small business.
“I actually wanted to open a popular franchise but immediately discovered that obtaining funding through traditional bank loans was a non-starter.”
“It was a classic chicken-and-egg scenario. The banks won’t finance you unless you are a well established business, but how do you become a well established business without appropriate financing?”
“I immediately saw a business opportunity to help small businesses obtain alternative financing”.
After months of research and networking, Rich built a portfolio of over 50 alternative financial lenders who are ready, willing and able to finance small businesses and commercial/residential real estate investors via alternative means.
CSB Capital Funding was founded in September 2023 with a vision of helping small businesses, and more importantly their owners, achieve their lifelong dreams and aspirations.
“We think outside the box. I listen very carefully to the needs of my clients and then together with my lenders come up with an appropriate solution. It’s rarely a one size fits all scenario. Each client is different and has their own personal story and unique needs. I pride myself on being able to find an appropriate solution for each client given where they are in their small business journey”
10 Reasons Why You Should Choose CSB Capital Funding
 | Bank | Direct Lenders | |||
| Paperwork | > 3 Months Bank Statements > No Tax Returns Required (in most cases) | > 2-3 Years Tax Return > 2-3 Years Financials | > 3-6 Months Bank Statements > 1 Year Tax Return > 1 Year Financials |
||
| Application | One Page | > Lengthy > Paper Intensive | Multi-Page Application | ||
| Number of Lenders | 50+ | 1 | 1 | ||
| Service Level | Business Advisor | Processor | Programmatic | ||
| Approval Process | Hours/Days | Weeks/Months | Days/Weeks | ||
| Speed to Funding | Hours/Days | Months | Days/Weeks | ||
| Collateral Requirements | Sometimes Required | Always | Sometimes Required | ||
| Business Profitability | Sometimes Required | Last 2 Years | Sometimes Required | ||
| Credit Score | 650+ FICO | 720+ FICO | 700+ FICO | ||
| Credit Check | Soft Pull | Hard Pull | Hard Pull |
| Paperwork | |
| > 3 Months Bank Statements > No Tax Returns Required (in most cases) |
| Bank | > 2-3 Years Tax Return > 2-3 Years Financials |
| Direct Lenders | > 3-6 Months Bank Statements > 1 Year Tax Return > 1 Year Financials |
| Application | |
| One Page |
| Bank | > Lengthy > Paper Intensive |
| Direct Lenders | Multi-Page Application |
| Number of Lenders | |
| 50+ |
| Bank | 1 |
| Direct Lenders | 1 |
| Service Level | |
| Business Advisor |
| Bank | Processor |
| Direct Lenders | Programmatic |
| Approval Process | |
| Hours/Days |
| Bank | Weeks/Months |
| Direct Lenders | Days/Weeks |
| Speed to Funding | |
| Hours/Days |
| Bank | Months |
| Direct Lenders | Days/Weeks |
| Collateral Requirements | |
| Sometimes Required |
| Bank | Always |
| Direct Lenders | Sometimes Required |
| Business Profitability | |
| Sometimes Required |
| Bank | Last 2 Years |
| Direct Lenders | Last 2 Years |
| Credit Score | |
| 650+ FICO |
| Bank | 720+ FICO |
| Direct Lenders | 700+ FICO |
| Credit Check | |
| Soft Pull |
| Bank | Hard Pull |
| Direct Lenders | Hard Pull |
There's no better time than now to grow your Commercial Real Estate or Small Business. Ready to take the next step?
Free Consultation – No Obligation
