In this weekly webinar, Nick Bentley and Joe Schuck discuss the nuances of applications.

2. Welcome To Our Second Coaching Call!

3. Congratulations for becoming certified!
Let’s book some business….the right way
:-)

4. Today we’ll be discussing
bank statements and applications

5. Things to look for:
1. Gross Monthly Sales
2. Trends
3. NSF’s
4. Bounced Checks
5. Ending Balances
6. Outstanding Debts
• Time in business
• Legible Handwriting
1. Social Security
2. FED EIN

6. Positive Versus Negative Compensating Factors

7. Example 1
John has a 550 FICO score
John has taken 2 merchant cash advances in the past
and paid timely
John has been in business 22 years
John has fantastic bank statements

8. Example 2
Bob’s business is 4 months old
Bob has a 710 FICO score
Bob has done $400,000 in 4 months
Bob is in the restaurant industry

9. Example 3
Jim has at least 3 NSF’s a month almost every month
Jim business is 5 years old
Jim has a 630 FICO score
In 2015 Jim had gross sales of $2,100,000
and is on pace to beat last year
Jim has $145,000 in invoices he’s waiting to be paid on

10. Example 4
ber with $55,000 in gross sales but had a negative ending bal
years old and he regularly does $55,000-$70,000 every single m
Rick has a 670 FICO score
Rick has invoices amounting to $15,000

11. Example 1
Number 1

12. February

13. March

14. April

15. May

16. Number 2

17. August

18. September

19. October

20. Number 3

21. July

22. August

23. September

24. 1. NSF Rule **Generally**
2. Bounce Check Rule **Generally**
How to overcome these
3. Trend Rule **Generally**
How to overcome trends

25. Speaking Gig
5 Minutes In Front Of Camera
Describe As If You Were In Front OF Crowd
Who Ventury Is, What’s Our Goal,
Why You Are a part of it
What Are Our Three Core Products, explain each in
detail
Why is this a good thing for business owners and
potential local loan officers?
Please send your video to amy@venturycapital.com