# Credit Simplicity

> Credit Simplicity is an AI-first commercial and industrial (C&I) business loan advisor (brokerage) based in Santa Ana, Orange County, California. It prepares lender-ready loan packages for operating businesses and brings them competing term sheets from multiple banks. AI handles paperwork and financial analysis; experienced lending people handle credit judgment and bank relationships. Credit Simplicity is an advisor, not a lender; financing is subject to each bank's approval.

- CEO: Sean Healey
- Phone / text: (949) 620-5278
- Email: info@creditsimplicity.com
- Service area: Orange County, California, and businesses across California
- Website: https://creditsimplicity.com

## Services
- Working capital lines of credit (bank revolving lines)
- Business term loans (growth, expansion, acquisitions, partner buyouts)
- Equipment financing
- Owner-occupied commercial real estate loans
- SBA 7(a) loan advisory
- Refinancing away from an unsatisfactory bank relationship
- Focus: bank C&I lending only (not merchant cash advances)

## Process (6 steps, all driven by email)
1. Application: after a 2-minute intake form, the borrower gets an emailed link to complete the application by talking with an AI voice/text assistant (about 15 minutes, no sign-in), in an optional secure portal, or by returning an emailed PDF.
2. Documents: a personalized checklist by email; reply with files attached and each item is checked off automatically.
3. Underwriting review: the request is analyzed the way a bank credit analyst would.
4. Lender matching: the lender-ready package goes to multiple banks at once.
5. Term sheet: the borrower compares competing bank term sheets with guidance.
6. Closing: Credit Simplicity coordinates through closing.

## Key pages
- [Home](https://creditsimplicity.com/)
- [Our Process](https://creditsimplicity.com/process)
- [Get started / apply](https://creditsimplicity.com/start)
- [FAQ](https://creditsimplicity.com/faq)
- [Contact](https://creditsimplicity.com/contact)
- [Guides hub](https://creditsimplicity.com/guides)

## Guides
- [How to get a business term loan in California](https://creditsimplicity.com/guides/business-term-loan-california): Step-by-step guide to getting a bank business term loan in California: eligibility, documents, DSCR, collateral, timelines, and how to compare term sheets.
- [Business line of credit: what banks require](https://creditsimplicity.com/guides/business-line-of-credit-bank-requirements): What banks require for a business line of credit: revenue, cash flow, borrowing base, collateral, covenants, annual renewal and the documents to prepare.
- [SBA 7(a) vs. conventional bank loan](https://creditsimplicity.com/guides/sba-7a-vs-conventional-bank-loan): Compare SBA 7(a) loans and conventional bank loans: eligibility, down payment, terms, guarantees, fees, timelines and when each makes sense.
- [Equipment financing for California businesses](https://creditsimplicity.com/guides/equipment-financing-california): How equipment financing works for California businesses: bank equipment loans vs. leases, down payments, terms, documents, and how to compare offers.
- [Owner-occupied commercial real estate loans](https://creditsimplicity.com/guides/owner-occupied-commercial-real-estate-loans): How owner-occupied commercial real estate loans work: occupancy rules, down payments, LTV, DSCR, SBA 504 and 7(a) options, appraisals and documents.
- [What is DSCR and how do banks calculate it?](https://creditsimplicity.com/guides/what-is-dscr): DSCR explained: the formula banks use for debt service coverage, a worked example, typical minimums, global DSCR, add-backs and how to improve your ratio.
- [Documents banks ask for in a C&I loan (checklist)](https://creditsimplicity.com/guides/documents-banks-ask-for-ci-loan): Complete checklist of documents banks ask for on a commercial and industrial (C&I) loan: tax returns, financials, agings, debt schedule, PFS, entity docs and more.
- [What a credit memo is and what goes in it](https://creditsimplicity.com/guides/what-is-a-credit-memo): What a bank credit memo is, who writes it, and what goes in it: loan request, sources of repayment, financial analysis, collateral, guarantors, risks and covenants.
- [California's IBank Small Business Loan Guarantee Program](https://creditsimplicity.com/guides/california-ibank-small-business-loan-guarantee): How California's IBank Small Business Loan Guarantee Program works: up to 80% or $5M guarantees, eligible uses, FDCs, fees, CalCAP Collateral Support and SBA 7(a) compared.