FREQUENTLY ASKED QUESTIONS

The funding programs are broken down into non-bankable and bankable. Non-bankable could also be called "alternative" or in some cases "sub-prime". These funding programs tend to have high interest rates of 25% and up, fund smaller amounts of $100,000 and less and have short repayment terms of 24 months and less. There are many of these programs and they are useful to use to get your clients to the next level which is "bankable". Bankable funding programs tend to be much larger loans up to five million, at much lower intertest rates around 9% to 12% and with much longer repayment terms can be 15 to 20 years. It normally takes 4 to 6 months to assist a small business client to access bankable funding programs.

Absolutely! The system started as a business credit building platform. It is the oldest and the very best around. It has over 200 business credit reporting vendors who will extend business credit terms to start-up companies for a very wide range of products, services, and credit cards. Then once a company has established a business credit score they can access over 3,000 vendors extending credit terms for every product and service imaginable. Everyone should realize that cash lenders, such as banks, credit unions, cash type credit card providers do not use business credit to approve loans. They do use business credit to decline loans and they often use business credit to determine the amount, the rate and the term of an approved loan.

Over 200 in the initial business credit building phase and then over 3,000 once the business has become "bankable". Becoming bankable is a four legged table. One leg is completing all items of Lender Compliance. Leg two, is developing at least a Low 5 bank rating. The third is creating comparable credit. And the fourth is building strong business credit scores which includes a business FICO score.

Typically about 4 to 6 months to get it right and establish a strong profile with business credit scores where having a business FICO SBSS of 155 or above is critical. It all depends on the client sticking to the system instructions, using all their new accounts every month and paying their all their business bills at least 10 days early.

There are 20+ non-bankable funding programs in the system along with their underwriting approval guidelines. This means your clients will know which funding programs they pre-qualify for now, which ones they fall short on, and be directed to which ones they should submit applications. On the bankable side we have researched the funding programs and small business product offerings of over 1,000 regional size business lending banks.

The set payout is 35% of whatever fees are collected from the client on each specific funding program. Funding program to funding program and direct lender to direct lender within a funding program all have different levels of fees that are charged on a per funding basis. More important is the effort you are required to put forward to earn that 35% which is almost nothing. The pre-qualification, application, automated document collection, direct lender offer portal, e-sign contract, funding and fee collection is all done for you freeing up all your time to focus on pre-qualification scan generation.

You can set up an unlimited amount of staff members, agents, affiliates, reps, and referral partners without any additional costs or ongoing fees. You can also run an unlimited number of business pre-qualification success scans at no additional costs.

After first helping your pre-qualified clients with their initial non-bankable funding, the system then helps them complete the following. Lender compliance, which is all about making your clients not be categorized as a high risk of default by bankable lenders. Optimize credit, which is building strong business credit of a business FICO of 155 or higher and strong personal credit for what bankable lenders want to see. Credit building, which has two very important parts. The first being creating comparable credit which are reporting tradelines of a size comparable to that being sought. And second, then obtaining 12 to 15 additional reporting tradelines that are also of a good size reported amount. Increased Web Presence, which is doing everything to increase SEO, social media, star ratings, local listings and NAP validation. Maximize Value, which is about increasing their SDE (seller's discretionary earnings) so that their business is attractive and worth as much as possible. Organize Financials, which is making sure that the business financial statement are up to date and accurate. Making sure the owner's personal financial statement are in order. And getting the business to have three years of projected "look forward" financial that are in line with their industry vertical ratios. Basically the entire process of assisting them to become bankable and all that goes into that.

Your revenue is generated in four ways. First, when a completed success scan shows a prospect that is pre-qualified for one or more funding programs they are going to receive a "Concierge Call". This call is to build rapport and encourage them to apply. If they apply and get successfully funded, you get paid. Second, throughout the funding process it will be stressed about the importance of their business becoming bankable and how they will need to "invest" a small portion of their successful funding in their becoming bankable. It will be stated time and again that the "pre-bankable" funding is for a smaller amount, shorter term and higher intertest rate and will most likely be gone within 4 months. Therefore they need to use that time and those funds wisely to become bankable. When they make that investment to become bankable, you get paid again. Third, during the process of becoming bankable your clients will be engaging service vendors to complete required tasks, when they do you get paid yet again. And fourth, once your clients become bankable they are taken back out for "Bankable" funding which are larger amount loans, at much lower interest rates and much longer repayment terms, and you get paid again. And its all done for you. You just put them in at the top and watched your money flow in at the bottom.

1 installment loan such as a business term loan, equipment lease, or SBA loan. 3 business credit cards, 5 vendor lines of credit. This is a general rule of thumb for building excellent business credit scores in the shortest period of time.