The Owners Personal Credit Reports
The Owners Personal Credit Reports can be integrated directly into your private label system with a click of a button.
The full data of their reports is via an API integration of their personal credit report data that includes all three personal credit reporting agencies along with their credit scores.
Their report data is then used in your system's funding program pre-qualification and offer underwriting. It is also used to generate sections of their other status reports, such as; their Funding Range & Contingency Report and their Business FICO Status Report.
The integration of the business owners personal credit reports does not create an inquiry of any kind or effect their credit scores in any way. It is simply there to help you close and make money.
Due to the fact that most small business owners damage their personal credit by over utilizing personal credit cards for business needs or taking on too much new personal debt again for business needs. This gives your private system the opportunity to correct that.
The personal credit report API integration from all three personal credit agencies along with your prospect’s credit scores do not cost you anything and only cost your prospects $1 which is only to verify their identity.
Your private label system will then provide a detailed report and a step-by-step guide on the items on their personal credit reports that business lenders will be concerned with and how to optimize each of those items to be able to gain more approvals.
