Memelli

Why Phone and Verification Matter

Lenders verify business legitimacy through multiple channels, and a verifiable business phone number is one of the basic credibility signals they check. A business that cannot be found through standard directory lookups or phone verification raises red flags during underwriting. This is not about having a fancy phone system—it is about being findable and verifiable.

What Lenders Check

Lenders typically verify that your business has a listed phone number, that the number matches your business records, that directory listings are consistent with application data, and that the business can be reached and verified through standard channels. Missing or inconsistent information in any of these areas can delay or derail applications.

Getting Verified

Ensuring your business phone and verification signals are correct is a straightforward but important step in the funding readiness process. It should be completed alongside other compliance preparation before submitting funding applications.

Next Step

Start with prequalification to identify any verification gaps that could affect your funding applications.

Start Prequalification →

Frequently Asked Questions

Do I need a separate business phone number?+
A dedicated business number that is listed and verifiable is strongly recommended for funding applications.
What kind of phone number works?+
A number that is listed in business directories and matches your entity records. VoIP numbers work as long as they are properly listed.
How do I get my business listed?+
Business directory listings can be set up through various services. The key is ensuring consistency across all listings and application data.