Golden Sun Funding — Credit Department Master Guide

Effective Date: June 2025

Owner: Credit Department | credit@goldensunfunding.com

Purpose

This guide outlines the full credit review lifecycle, standards, automation rules, and submission protocols for internal analysts and partner onboarding. It ensures consistency, reduces risk, and supports data-driven approvals.

I. Credit Submission Workflow

1

New deal entered into Zoho CRM

2

Rep moves stage to "Submitted UW"

3

Email alert sent to Credit Department

4

First available analyst assigns themselves

II. Credit Analyst Review Checklist

A. Company Verification

Middesk Report

Secretary of State (SOS) search

Google & website presence check

B. Personal Credit (Experian Default)

Minimum FICO: 640

Review utilization, depth, delinquencies, derogs

C. Business Credit (PayNet)

Run only if NOT a startup

Target score: 685+

3+ contracts ≥ $10K with recent activity

D. Bank Statement Review (3 months)

Deposits consistent with business activity

Review NSFs, negative days, stacked lenders

III. Risk Tier Matrix

Tier	FICO	PayNet	Rate	Notes
A	700+	685+	8.0%	Clean file, homeowner, 75% comps
A-	680-699	675+	9.5%	2 derogs max, low utilization
B	660-679	665+	12.0%	Higher DTI, minor issues
C	640-659	<665	17.0%	Subprime, must be strong asset

IV. Automatic Decline Rules

FICO < 640

Open/recent BK (within 5 years)

Judgments or tax liens > $20K

Known fraud or misrepresentation

Prohibited industries: cannabis, gambling, MLM, crypto, adult, aesthetic, OTR

V. Special Credit Cases

Startups

< 24 months TIB

Max $50K funding

Requires business plan, liquidity, articles/license

Comparable Debt (>$150K or Corp Only)

Must show equal-sized historical debt

Minimum 24-month payment history

VI. Lender Matching & Submission

Use GSF Master Debt Source Matrix

Submit via portal (preferred) or email

CC credit@goldensunfunding.com on all submissions

VII. Post-Decision

Approval

Move Zoho stage to "Approved Lender"

Decline

Review for reconsideration, next-best fit, or archive as "Declined Lender"