150 Data Point Pre-Qualification Scan
Step 1 - 150 Data Point Pre-Qualification & Bankable Scan

Included with your private label is the ability to run an unlimited number of business pre-qualification and bankable scans. This will scan and return the results for 150 data points on your business prospects showing them (and you) exactly which funding programs they pre-qualify for right now and where they may be coming up short on all the others. It will also display Red Xs for their become bankable items your business clients need to address and Green Checks for those items they have already completed. The scan makes a very productive lead generation tool and provides excellent result reports to assist you in turning your prospects into revenue generating clients.

Step 2 - Over 20 Business Funding Programs

Your private label contains the pre-qualification guidelines for over twenty (20) business and real estate funding programs. There are at least ten (10) direct lenders provided for each program. So as to not overwhelm your prospects only the most commonly pre-qualified and applied for funding programs are shown to your prospects on their initial scan completion results. You have the option to place pre-qualified applicants with direct lenders yourself or to opt-in and have a funding clearinghouse do all the processing and funding work for you.

 Over 20 Business Funding Programs
Pre-Qualification to Application Funnel
Step 3 - Pre-Qualification to Application Funnel

Your private label system has been designed as a lead generation, to pre-qualification, to application submission funnel. It takes only minutes for your business prospects to complete and keeps them contained within the funnel as they proceed from step to step. The goal is to maximize the percentage of your business prospects who not only complete the scan but that will submit an application for their pre-qualified funding programs. Past results have shown that about 30% will apply with no direct call from you and an average of (60%) will apply with a single phone call from you.

Step 4 - Access To Non-Bankable Funding

There is a massive difference between "Fundable" and "Bankable". Fundable typically means that a business can be funded by non-bank lenders through alternative funding programs. There are billions in these type of fundings taking place each year. But Fundable is not bankable. Non-Bankable funding is most often expensive , being 35% interest and up. It is short term, being 1 or 2 year repayment periods. And it is smaller amounts where getting funded more than $250,000 becomes difficult. Being Bankable means having access to much larger fundings, up to $5 million. Much longer repayment periods, out as far as 20 years and much lower interest rates, in the 12% to 15% range.

Access To Non-Bankable Funding
Automated Application and Document Collection
Step 5 - Automated Application and Document Collection

Any business loan processor will tell you that Document Collection is where the deal slows down or goes to die. Getting your prospects to submit their bank statements, upload credit reports, send in their articles of formation, certificates of good standing, and copies of their driver's license can sometimes take weeks or just not happen at all. Your private label includes an automated document collection portal for your prospects to easily scan and upload their documents. They are notified every other day of the documents that are remaining. You are notified of their progress and of their document collection completion.