QuickPass 2.0 Overview
Many consulting companies charge incredible amounts of money to help business owners to secure line of credit or other types of financing. In some cases it’s justified and necessary, but lots of business owners need just a few pieces to the puzzle, but are otherwise entirely capable of navigating the process on their own. In addition to their ability to navigate the application process, oftentimes they are already completely qualified and ScoreCard 3.0™ uncovers very little, if anything that needs to be addressed.
For these types of customers QuickPass 2.0™ was invented. In order to lower the overall acquisition cost of financing, QuickPass 2.0™ offers the following:
- Includes ScoreCard 3.0™ so that the business owner can see exactly how the bank will rate the risk rating of the business. This allows the business owner to fix things, if necessary or desired, prior to submitting an application.
- Includes a custom (localized) list of banks or lenders to apply for financing through. Not all banks are issuing approvals, and some banks lend locally but operate remotely, so the business has no idea who they are.
- Contains the application (in electronic format) to each of the lenders listed so that the business owner doesn’t have to try and sort through various business bankers or loan products before identifying the correct loan product to apply for.
- Contains coaching specific to helping the business owner navigate the application, underwriting, and approval process. The business owner will know what to say, when to say it, and how to present themselves on paper. QuickPass 2.0™ also includes coaching on how to negotiate a better interest rate than what the bank offers with the approval, as well as how to convince the bank to bump the limit of the approval.
- No points are paid on the line of credit to the bank, a broker, or a consultant.
There are two price options for QuickPass 2.0™. The lower priced version allows for enough banks to acquire $225,000 in funding or less, and the second version allows for enough banks to acquire up to $375,000 in funding. If you need more in financing call for other pricing options.
QuickPass 2.0™ is in some ways a “do it yourself” program. It is not recommended for those who have little financial savvy and/or do not do well thinking on their feet. It is a perfect fit for business owners who have had success in acquiring financing in the past, or who simply don’t know which banks to apply at, or what loan product to ask for.
For pricing on QuickPass 2.0™ or QuickPass Plus™ click here...