Making Small Business HappenBusiness Solutions Center Overview           www.iBank.com 1-877-525-9102
Business Plans•   61% of all businesses are turned down for a loan or equity financing due to a poor business plan. If you...
Pricing•   $699 - iBank will rewriter your existing business plan into the SBA format and create a loan package    for you...
Bookkeeping and Accounting• Gathers all information by electronic download and posts  it to your chart of accounts. All in...
Gather Documents•   Invoicing on-line•   Credit Card Processing•   Electronic Checks•   Electronic Bill Pay•   Online bank...
Take Control• 24 hours a day, information is available 7 days a week. You  always know exactly where you and your company ...
Monthly Pricing• Basic $99 (50 transactions)• Intermediate $199 (150 transactions)• Advanced $299 (250 or quote)
Credit Card Processing• UMS Banking is very pleased to be partnered with  iBank and Virtrue Corporation to deliver the mos...
•   Credit Card Processing•   We offer a wide range of point-of-sale solutions that lets you accept credit or debit card  ...
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iBank Business Services Overview

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This is an overview of the iBank business services.

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iBank Business Services Overview

  1. 1. Making Small Business HappenBusiness Solutions Center Overview www.iBank.com 1-877-525-9102
  2. 2. Business Plans• 61% of all businesses are turned down for a loan or equity financing due to a poor business plan. If you were a lender or investor looking at 100 plans a day, would you rather look at an organized, well written, thorough plan, or look through boxs of materials?• Preparing a business plan draws on a wide range of knowledge from many different business disciplines: Finance, Management, Intellectual Property , Supply Chain, Operations, Sales and Marketing, Customer Service, Retention, Payroll, Exit Strategy, etc.• In the business world you are guilty and must be proven innocent. Bankers, Insurers, Consultants and other business owners wont believe what you tell them. They need proof that comes within a professionally prepared business plan, to get you seen and to give the business world that lasting impression. Your business leadership and entrepreneurial mindset must reveal itself by dotting your Is and crossing your Ts.• iBank will review your existing business plan and inform you where the plan is weak, strong, and everything in between. This is just not a review but a detailed analysis of your business and your business industry.• A Small Business Loan application requires an SBA Formatted Business Plan (included in the price). The plan includes a business description, marketing plan, resumes and financials (historical and forecasts). This plan takes 2 weeks to complete with cooperation from the small business owner to gather necessary data.• A Certified Business Plan for equity fundraising is an 87-paragraph, 9-section, thoroughly researched business plan that requires more than 100 hours to complete. Based on the purpose of the plan, completion may take more or less time depending on the complexity of the industry and if there is an introduction of new products, services or technologies, but is usually completed in less than four weeks. To be certified, a SCBO Project Manager conducts the following process: 1. Ensures that research validates the claims of the entrepreneur 2. Completion of the 87 paragraphs required of the Certified Business Plan template 3. Valid financial forecasts models were used with valid assumptions worksheets 4. Provides a detailed bibliography 5. Upon approval, places a Certification Emblem with a unique certificate number which is embossed on the cover of the plan• Preparing a business plan draws on a wide range of knowledge from many different business disciplines: Finance, Human Resource Management, Intellectual property Management, Supply Chain, Operations, and Marketing.• Banks and lending institutions are always cautious about defaults, so a business plan for a loan will build a convincing case for your businesses ability to repay the loan.
  3. 3. Pricing• $699 - iBank will rewriter your existing business plan into the SBA format and create a loan package for you. We will assist you in creating your iBank vault account.• $1999 - iBank will write your SBA formatted plan from scratch. An SBA loan application requires an SBA formatted business plan (included in the price). The plan includes a business description, marketing plan, resumes and financials (Historical and forecasts). The service also includes assistance with all forms and applications and coordination with SBA lenders. Program takes 2 weeks to complete with cooperation from the borrower to gather necessary forms.• $6999 - iBank will write a Certified Business Plan for equity fundraising. The "Certified Business Plan" is an 87-paragraph, 9-section, thoroughly researched business plan that requires more than 100 hours to complete. Based on the purpose of the plan, completion may take more or less time depending on the complexity of the industry and if there is an introduction of new products, services or technologies, but is usually completed in less than four weeks. To be certified, a SCBO Project Manager conducts the following process: (1) Ensures that research validates the claims of the entrepreneur; (2) Ensures completion of the 87 paragraphs required of the Certified Business Plan template; (3) Ensures that valid financial forecasts models were used with valid assumptions worksheets; (4) Provides a detailed bibliography; (5) Upon approval, places a Certification Emblem with a unique certificate number which is embossed on the cover of the plan
  4. 4. Bookkeeping and Accounting• Gathers all information by electronic download and posts it to your chart of accounts. All income, expenses, and current cash position are immediately available. Information is stored in our system and can be used to generate current months position, as well as year to date profit & loss. iBank bookkeepers reconcile your accounts and generate the information needed for your Tax Return.• No more spending hours a week creating bookkeeping entries• Eliminate worries when the bank account doesn’t reconcile You’ll never be in the dark again!
  5. 5. Gather Documents• Invoicing on-line• Credit Card Processing• Electronic Checks• Electronic Bill Pay• Online banking downloads direct• Credit Card Processing downloads all charges• Receipts scanned or mailed for recording into
  6. 6. Take Control• 24 hours a day, information is available 7 days a week. You always know exactly where you and your company are at: income, expenses and current cash position.• Know what your upcoming bills are, and what you currently owe. Have control over your cash flow like youve never felt.• Look at the invoices you have outstanding and be able to project your cash flow based on their paying patterns. Never be in the dark again!
  7. 7. Monthly Pricing• Basic $99 (50 transactions)• Intermediate $199 (150 transactions)• Advanced $299 (250 or quote)
  8. 8. Credit Card Processing• UMS Banking is very pleased to be partnered with iBank and Virtrue Corporation to deliver the most efficient and effective payment options to you.• Accept payments with your mobile phone• Simply swipe a card, capture a signature and enjoy the convenience of payments wherever, whenever. – Android – Palm – Windows Mobile – iPad – iPhone – iPod Touch
  9. 9. • Credit Card Processing• We offer a wide range of point-of-sale solutions that lets you accept credit or debit card payments.• Online Payments• Process all credit card and check transactions from any internet browser. 24 hours a day, 365 days a year through UMSnetpay. It allows merchants to do a basic sale, process checks, credit a sale (refund), void a sale, do an authorization only and also process a post- authorization.• Recurring Payments and Billing Solutions• Directly bill your customer’s bank account• Collect regular fees, subscriptions or deferred payments from your customers• BENEFITS:• Comprehensive, cost effective, solutions• Free financial analysis of current systems• Custom tailored special pricing for each program• Proven, reliable, customer service

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