Commercial Credit Builder

Commercial Credit Builder

• Products • Commission • Prospects• Product Overview• Sales Process / Work Flow • Goals

OUTLINE

Commercial Credit BuilderCommercial Credit Builder

• Full Service Plan

• Online Self-service Plan


Products

• Personal successful experience • Registered in 50 States • Been doing this 8-10 years• 100’s of successful biz builders done



Processing Center


Products

Prepaid Packages Our Retail

Full Service Plan $1,999.00

Online Self-service $599.00

Commercial Credit BuilderCommercial Credit BuilderCommercial Credit BuilderCommercial Credit Builder

Commissions

Prepaid Packages AE*

Full Service Plan $300

Online Self-service Plan $200

*For a lead that closes


• Vendors• Approved• Not Approved

• Customers• Approved• Not Approved


Leads• Commercial Loan Applicants • Other Sources

• Data Lists• Factor Clients• SEO Clients• Any Business that needs Credit


• Commercial Credit Builder

• Quick Overview to Generate Possible Clients


Product Overview


• Get Business credit in 3-6 Months• Obtain 15k-50k and more in Business Credit• Purchase/Lease Equipment without a PG • Limit Personal Liability from Business Expenses• Separate Business Credit from Personal Credit• Unsecured Lines of Credit




• Establish existing entity with major reporting agencies • If damaged create new entity and register • Activate business credit scores by

• Adding vendor lines • Revolving lines of credit

•Provide business credit reports once activated•Get a bank loan to further build corporate credit•Package corporation to be more attractive to lenders




• 500,000 businesses that extend business credit; only 6,000 report to various bureaus and agencies.

• 500 Business Credit Cards; only 40 unattached to Personal Credit




• Types of Business Credit• Autos• Building Supplies• Office Equipment• Gas Cards• Credit Cards• Vendor






• Free Paydex Number•Dunn and Bradstreet

• Free Intelliscore Number• Experian• Equifax

• Entity Creation (If needed)


• How it works• Step 1

• Completed CCB Contract & Client Submission form is submitted to Processing. • Payment Authorization form is processed HOST/coach contacts the customer.

•Step 2• The coach completes applicationsfor the customer for trade vendors.


Commercial Credit Builder Full Service

Plan


• How it works, cont• Step 2, cont

• Customer completes paperwork to have current trade lines submitted to credit bureaus.

• Step 3• As trade lines are established and requirements are met, additional lines of credit and credit cards are applied for.


Full Service Plan


This program is only available as an add-on to the Full Service Commercial

Credit BuilderPlan and is not available for purchase

as a separate item. Contact Commercial

Credit Building Team (HOST) for details we will refer clients to

RMCN as a courtesy there is no charge or cost associated with this service therefore no commissions

are earned.Commercial Credit BuilderCommercial Credit Builder

Personal Credit Restoration


• 80% All Credit Reports contain mistakes• 54% Contain Inaccurate Personal Information• 30% List Closed accounts as open• 22% List the same Mortgage or Loan twice• 8% Fail to list accounts that improve credit

CROA – Credit Repair Organizations Act

Source: National Association of State Public Assoc.




• 25%-40% of all Negative Items on a credit report are removed in 30-45 days.*•Items Removed

•Inquiries•Late Pays•Judgments•Collections•Tax Liens•Charge-offs•Bankruptcies•Foreclosures*Results may vary on individual credit reports




• How it works• Step 1

• Provide prospect with a copy of the CProfit Business Credit eBook• Provide prospect with Payment Authorization Form

•Step 2 • Host/CCB Coach will send password and login information via email to prospect. • Prospect now begins the step by step process. (System will guide prospect thru complete process)


Online Self-service Plan


• Lead Generation• Suspect• Prospect• Possible• Probable (Franchisee)• Active (Franchisee)• Follow-up


Sales Process / Work Flow

Commercial Credit BuilderCommercial Credit BuilderCommercial Credit BuilderCommercial Credit Builder

Sales Process / Work Flow• Lead Generation

•Vendors, Approved and Not Approved • Customers, Approved and Not Approved• Commercial Loan Applicants • Factor Clients• Factor Customers• SEO Clients• Date Lists• Any Business that needs Credit


• Suspect• Unverified lead from any source• Market to all Leads

• Stop by store, phone calls, emails, post cards, etc.

• Once show interest, move to Prospect.• If cannot contact, move to inactive.• Foreseeable to start with a suspect and work all the way through to probable in one meeting. Commercial Credit

BuilderCommercial Credit Builder



• Prospect• Send info sheet or eBook to all prospects and request NCE to review. • Conduct follow up call or visit to review product and answer questions.




• Possible•Submit completed CCB Client Submission Form to Franchisee

• Franchisee will either • Close the sale or• Forward the form to the CCB Director

• Franchisee and CCB Director will keep AE informed with status updates throughout sales process




• Follow-up• Contact customer 1 month after becomes active

• Complete CCB Feedback Form• Fax completed form to CCB Director/HOST

• Use Follow-up contact to offer other services




•Account Executive – Online Self-service Plan • Four deals per week = $3200 a month for leads that close.

•$3200 per month for 4 leads that close a week• $4000 per month for 5 leads that close a week


Goals


• Call / Contact• Current ProntoLease Vendors• Current ProntoLease Customers• Denied ProntoLease Vendors• Denied ProntoLease Customers


Goals – How to Achieve

HOST/CCB Director/CCB Coach

Compound Profit® Corp.

[email protected]

Phone: 877-386- 3716 ext. 108

Fax: 888-419-3222

Contact Us / Questions

Economy & Finance

Commercial Credit Builder