FUNDperfect

Save substantial time with uncompromised efficiency to capture merchant and owner details in a single page user-friendly format. Sales representative and customers can create deals using the online forms where the merchant is pre-qualified and made eligible by pre-defining business rules in FUNDperfect. If the application is accepted, documents are signed online and stored in the archive for easy reporting.

FUNDperfect provides a comprehensive and easy to use funding calculator that assists in making informed decisions based on the merchant’s profile. Funding calculators determine the optimal loan amount and term, to ensure the business will remain healthy and repay the loan without the risk of damaging the merchant’s ability to stay in business.

Avoid the physical movement of papers by attaching, signing, and reviewing documents online required for the application.

FUNDperfect enables option to involve multiple lenders to fund for the merchant if the advance requested is beyond the funders risk exposure levels. Funder can define the syndication partner information including management fee that can be charged for every deal. The funding company can attach multiple syndication partners to any deal and based on the share percentage of each syndication partner, FUNDperfect will automatically apportion the amount received from the merchants once the deal is funded.

After underwriting is complete, the merchant’s application continues down the processing chain and is approved by the lender. This streamlined approach through a series of “flow points” ensures the application approvals are completed with considerable time and accuracy. Merchants often repeat business with funders due to the incredible simplicity of applying, approving, and releasing funds in a timely manner.

FUNDperfect enables collection of the repayment amounts on a daily basis in multiple methods. Through Credit Card Processors (split batch), Lock Box Operators (fed by the Processors), ACH Transfers, or Direct Payment by the merchants, funds are collected instantaneously, to help ensure timely repayment and to reduce bad debt.