commercial credit builder
Post on 14-Jan-2015
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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
Commercial Credit BuilderCommercial Credit Builder
Products
• Personal successful experience • Registered in 50 States • Been doing this 8-10 years• 100’s of successful biz builders done
Commercial Credit Builder
Commercial Credit Builder
Processing Center
Commercial Credit BuilderCommercial Credit Builder
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
Commercial Credit BuilderCommercial Credit Builder
• Vendors• Approved• Not Approved
• Customers• Approved• Not Approved
Commercial Credit BuilderCommercial Credit Builder
Leads• Commercial Loan Applicants • Other Sources
• Data Lists• Factor Clients• SEO Clients• Any Business that needs Credit
Commercial Credit BuilderCommercial Credit Builder
• Commercial Credit Builder
• Quick Overview to Generate Possible Clients
Commercial Credit BuilderCommercial Credit Builder
Product Overview
Commercial Credit BuilderCommercial Credit Builder
• 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
Commercial Credit BuilderCommercial Credit Builder
Commercial Credit Builder
Commercial Credit BuilderCommercial Credit Builder
• 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
Commercial Credit BuilderCommercial Credit Builder
Commercial Credit Builder
Commercial Credit BuilderCommercial Credit Builder
• 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
Commercial Credit BuilderCommercial Credit Builder
Commercial Credit Builder
Commercial Credit BuilderCommercial Credit Builder
• Types of Business Credit• Autos• Building Supplies• Office Equipment• Gas Cards• Credit Cards• Vendor
Commercial Credit BuilderCommercial Credit Builder
Commercial Credit Builder
Commercial Credit Builder
Commercial Credit Builder
Commercial Credit Builder
• Free Paydex Number•Dunn and Bradstreet
• Free Intelliscore Number• Experian• Equifax
• Entity Creation (If needed)
Commercial Credit BuilderCommercial Credit Builder
• 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 BuilderCommercial Credit Builder
Commercial Credit Builder Full Service
Plan
Commercial Credit BuilderCommercial Credit Builder
• 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.
Commercial Credit BuilderCommercial Credit Builder
Full Service Plan
Commercial Credit BuilderCommercial Credit Builder
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
Commercial Credit BuilderCommercial Credit Builder
• 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.
Commercial Credit BuilderCommercial Credit Builder
Personal Credit Restoration
Commercial Credit BuilderCommercial Credit Builder
• 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
Commercial Credit BuilderCommercial Credit Builder
Personal Credit Restoration
Commercial Credit BuilderCommercial Credit Builder
• 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)
Commercial Credit BuilderCommercial Credit Builder
Online Self-service Plan
Commercial Credit BuilderCommercial Credit Builder
• Lead Generation• Suspect• Prospect• Possible• Probable (Franchisee)• Active (Franchisee)• Follow-up
Commercial Credit BuilderCommercial Credit Builder
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
Commercial Credit BuilderCommercial Credit Builder
• 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
Sales Process / Work Flow
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.
Commercial Credit BuilderCommercial Credit Builder
Sales Process / Work Flow
Commercial Credit BuilderCommercial Credit Builder
• 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
Commercial Credit BuilderCommercial Credit Builder
Sales Process / Work Flow
Commercial Credit BuilderCommercial Credit Builder
• 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
Commercial Credit BuilderCommercial Credit Builder
Sales Process / Work Flow
Commercial Credit BuilderCommercial Credit Builder
•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
Commercial Credit BuilderCommercial Credit Builder
Goals
Commercial Credit BuilderCommercial Credit Builder
• Call / Contact• Current ProntoLease Vendors• Current ProntoLease Customers• Denied ProntoLease Vendors• Denied ProntoLease Customers
Commercial Credit BuilderCommercial Credit Builder
Goals – How to Achieve
HOST/CCB Director/CCB Coach
Compound Profit® Corp.
forms@cprofit.com
Phone: 877-386- 3716 ext. 108
Fax: 888-419-3222
Contact Us / Questions
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