Business

How to Improve Loan Processes for Faster Approval

Published

3 years ago

December 20, 2021

Do you need fast cash? I know you must be saying YES. However, some loan processes are too slow to help you with any emergency need. And that’s why you need to improve loan processing if you need fast approval.

But I know you are asking how you do that as a borrower? In some instances, fast loan approval depends much on the lender and not the borrower. However, there is little that you can do as a borrower to help the lender fasten the loan approval.

What is That You Can Do?

What do you Want as a Borrower?

If you need to fasten your loan approval, you should know how ugh you need. Furthermore, that will prevent you from taking out impulse loans because you saw a higher limit.

Knowing the amount you need will make it faster to get a loan since you will have all the required items. For instance, it’s possible to qualify for a small loan with a low credit score. But it will be tough to get a high loan amount with a low credit score.

Therefore, you should take a tiny amount to align with your current credit score. And that reduces the frustrations of looking for higher lousy credit loans.

Produce all Documents the Lender Needs

It’s your job as a borrower to get all the details that the lender requests. If you miss one or more pieces, you may not get the fate loan approval that you need.

That’s why you should always go through your loan application to ensure that you don’t go back to square one. If the lender finds that you’ve provided all they need, you’ll improve the approval time. Otherwise, they’ll spend more time telling you to rectify any possible errors.

If it’s a Secured Loan, Avail the Collateral

If you need to take a loan against any of your properties, you should ensure that you provide the ownership documents of the property. In addition, be ready to show the lender the physical property to assess.

You don’t have to waste much time to prove that you own the property. Therefore, ensure that you provide what the lender needs to improve the loan approval time.

What About You Try Online Loans?

Online loans are moving the globe right now. And that’s the right move because you can imagine how frustrating it can be to look for a loan during a lockdown due to the pandemic.

But with the introduction of online loans, lending seems to have gone to higher demand. In addition, you can still get an online loan regardless of how bad your credit score is.

For instance, Viva Payday Loans lenders do not even run credit checks. Instead, you only need to earn more than $1000, and you stand to get a loan.

The starting limit on the Viva loans site is low, allowing you to borrow instant payday loans online guaranteed approval of what you can afford to repay. The APRs on this site are equally good, starting from 5.99% to 35.99%. The better your credit score, the better the rates you can access.

Get a Loan from Your Bank

Instead of moving to lenders, you need to introduce yourself to, visiting your bank can be a good idea. By the time the external lenders confirm your details, that’s enough time to get a fast loan from your bank.

Your bank has all your records and statements, and they can still know you’re spending and earning pattern. Therefore, it won’t take a decade to verify your documents and get your funds faster.

That information is enough to let your bank give you a loan. They won’t take more than 10 minutes to verify all your documents. And as a result, you will have fastened the loan approval time.

Can You Afford to Repay The Loan?

If you know that you cannot afford to pay the loan at the agreed time, it’s better to stop applying for one. This is because the lender will assess your ability to repay, and if it’s not satisfying, you will get nothing.

The best thing you should do is take a small loan that you can repay without pressure from the lender. In addition, don’t let a loan disrupt your budget. So be wise while taking out a loan.

If you can take a loan that you can repay, you will save much time that the lender could deny you a loan.

My Take

It’s good to take loans, but be wise to manage them wisely unless you want to enter into a cycle of debts. If you can repay a loan faster as you need it, it will positively impact your credit history and your life. I mean, you will live a stress-free life, free of lender frustrations.

Business

Top 5 Virtual Assistant Companies to Watch in 2025

Published

2 weeks ago

January 23, 2025

Matthew Wiles

Running a successful business in today’s fast-paced world requires a sharp focus on growth, strategy, and efficiency. However, managing the day-to-day operations can often become overwhelming. That’s where virtual assistant (VA) companies come into play. These companies specialize in providing skilled professionals who can handle everything from administrative tasks to customer service, marketing, and beyond, allowing entrepreneurs and small business owners to focus on what they do best.

With so many VA companies on the market, choosing the right one can be a challenge. To help you navigate the options, we’ve compiled a list of the top 5 virtual assistant companies to watch in 2025. Whether you’re an entrepreneur, a startup founder, or a busy professional, these companies offer top-tier solutions to meet your needs.

1. Assist World – The Gold Standard in Virtual Assistance

At the top of our list is Assist World, a U.S.-based company renowned for its personalized approach to matching clients with virtual assistants. Assist World goes beyond the typical “one-size-fits-all” model by taking the time to understand your unique needs and connecting you with highly skilled VAs who align perfectly with your business goals.

What Makes Assist World Stand Out?

Personalized Matching: Assist World matches clients with virtual assistants based on their specific requirements, ensuring the right fit every time.
Comprehensive Onboarding Process: The company’s seamless onboarding process streamlines communication and ensures VAs hit the ground running.
Client Success Management: Dedicated client success managers oversee the relationship, providing ongoing support and ensuring smooth operations.
Flexibility and Scalability: Assist World caters to businesses of all sizes, offering flexible plans that can scale as your business grows.

Who Is It Best For?

Assist World is ideal for entrepreneurs and small-to-medium businesses seeking a reliable, high-quality VA service that delivers consistent results.

Pricing:

Pricing is customized based on your needs, making it accessible for a wide range of budgets. Schedule a free consultation to learn more.

2. Time Etc – Affordable and Efficient

If affordability is your priority, Time Etc is a strong contender. This VA company specializes in administrative tasks and offers services at competitive rates. With a team of experienced professionals, Time Etc focuses on helping clients boost productivity without breaking the bank.

Key Features:

Dedicated VAs with extensive experience.
Transparent pricing with no hidden fees.
Focused primarily on administrative and organizational tasks.

Who Is It Best For?

Time Etc is a great choice for solopreneurs and small businesses looking for cost-effective virtual assistance for basic tasks.

Pricing:

Plans start at $29 per hour, with discounts available for bulk hours.

3. Belay – A Leader in Remote Executive Assistance

For those in need of executive-level support, Belay is a premier option. This company specializes in matching clients with highly skilled remote assistants who can handle complex tasks such as calendar management, bookkeeping, and project coordination.

Key Features:

Focus on executive and specialized assistance.
Rigorous vetting process for VAs.
Excellent client support.

Who Is It Best For?

Belay is ideal for CEOs, executives, and high-level professionals who require top-tier assistance.

Pricing:

Premium services come at a higher price point, starting around $2,000 per month for part-time support (45 hours a month). For 85 hours a month, pricing sits around $3,800.

4. MyOutDesk – Virtual Assistants for Real Estate

Real estate professionals, take note: MyOutDesk is the go-to VA service for your industry. Specializing in real estate operations, MyOutDesk provides skilled VAs who can handle lead generation, transaction coordination, and CRM management.

Key Features:

Expertise in real estate processes.
Comprehensive training programs for VAs.
Proven track record with top real estate agents.

Who Is It Best For?

Realtors, brokers, and real estate teams looking to streamline their operations and focus on closing deals.

Pricing:

Pricing starts at $1,750 per month for full-time assistants.

5. Boldly – Premium Virtual Assistant Services

If you’re looking for high-quality, premium VA services, Boldly is worth considering. This company offers subscription-based plans that provide access to experienced VAs skilled in a variety of disciplines, including marketing, customer service, and project management.

Key Features:

Highly experienced professionals.
Flexible subscription plans.
Focus on long-term client relationships.

Who Is It Best For?

Businesses and individuals willing to invest in premium services for comprehensive support.

Pricing:

Plans start at $39 per hour, with monthly subscriptions available.

How to Choose the Right Virtual Assistant Company

When selecting a VA company, consider the following factors:

Your Business Needs: Identify the tasks you want to delegate and choose a company that specializes in those areas.
Budget: Assess how much you’re willing to invest in virtual assistance and find a provider that aligns with your budget.
Flexibility: Look for companies that offer scalable plans to grow with your business.
Support: Choose a company with excellent client support to ensure smooth communication and problem resolution.

Why Assist World Is the #1 Choice

While all the companies on this list offer excellent services, Assist World stands out for its personalized approach, exceptional client success management, and flexible solutions, and most importantly, their fair pricing. At Assist World, prices generally fall between $1,500 – $2,000 a month for a full-time dedicated executive assistant. With a proven track record of helping businesses thrive, Assist World is the ultimate partner for entrepreneurs and small businesses ready to scale efficiently and effectively.

Ready to take your business to the next level? Schedule a free consultation with Assist World today and discover the difference a high-quality virtual assistant can make.