Bank Presentation
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Transcript of Bank Presentation
![Page 1: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/1.jpg)
Referral Relationship that works
![Page 2: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/2.jpg)
The CompanyJames Penny – Founder, President & CEO
• President Compound Profit Corp• Trained/Coached 1,000’s of Factors/Equipment Leasing
Professionals• Launched 200+ Factoring/Equipment Leasing Companies• Launched/Supported Factoring/Equipment leasing Companies
in US, Canada, New Zealand and Australia• Developed Powerful Marketing Programs that Get Results• Corporate website: www.CProfit.com
![Page 3: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/3.jpg)
The Company
Jack Correro – Vice President
Jack Correro brings more than 30 years of experience in the financial services industry to his role as Vice President. He began his career in 1974 serving as Vice President of First National Bank's Factoring Division before co-founding TAFCO Financial Corporation. In 1989, Correro managed marketing and underwriting activities for Goodman Factors, Inc. Eleven years later, he became a Credit Manager for Capital Factors. In 2004, he started a financial and marketing consulting practice and joined Compound Profit two years later. Correro received a Bachelor's of Business Administration from the University of Texas in Arlington and holds a Standard Certificate from the American Institute of Banking.
![Page 4: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/4.jpg)
The Company
Jose Tardencilla, Profit Advisor
Your Bio
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Topics
• Your Branch and what is important to you
• Who are we - About us
• What we do -How we are unique
• Benefits to the bank
• Working together
![Page 6: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/6.jpg)
Your Branch
• What is unique about your branch
• Do you focus on consumer, business or both
• What is the % of Business to consumer at branch
• What are your major drivers, loans, deposit accounts, daily balances?
• What types of referrals would you like most
![Page 7: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/7.jpg)
Who Are We
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Who Are We
• Locally owned and operated• Customer service driven organization• 100+ years in business consulting exp.• Truly interested in local business• Supported by national/international
organization helping tens of thousands of small biz
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What We Do
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What We Do
• We help companies who are in their pre-banking phase of life (or temporarily constrained)
• Valuable deposit clients – unqualified for a loan• Provide bridge financing until the customer is
bankable• Provide needed equipment even for bad credits• Provide cash up front for invoices• Provide cash up front for future credit card sales• We are fast and affordable• We look for other ways to help the company
![Page 11: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/11.jpg)
What We DO
• Consulting approach• No up front fee solutions• Performance based• Cash flow analysis• Accounting practices – now/future • Audit over charges in A/P – past 3 years• Cost reduction going forward• Focused on overall health of the company
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Profit Advisor/Business Advocate
• We have a true interest in the health and welfare of the company
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CProfit/Pronto Lease vs Others
CProfit/Pronto Lease
• Help become bankable• Use us when you need us• Multiple funding options• Flexible• Personal Service• 1 page application and
no documents required
Typical 2nd Funder
• No assistance• Min volume required• Single product• Rigid• Not Local/impersonal• Intensive documentation
required
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CProfit/Pronto Lease vs Others
CProfit/Pronto Lease
• Start ups – even restaurant• Small deals - $500 and up• Accept bad credit• Fast funding• No hidden cost
Typical 2nd Funder
• 3+ years required• Requires larger deals• Requires good credit• Slow funding• Hidden service fees
![Page 15: Bank Presentation](https://reader036.fdocuments.in/reader036/viewer/2022081512/557dac0ad8b42acb768b4cec/html5/thumbnails/15.jpg)
Benefits For the Bank
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Benefits For the Bank
• Bank maintains its customer base
• Bank provides a solution, not just a “NO” situation
• Bank’s customer improves their deposit relationship
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Benefits For the Bank
• Improved image• Bank sees increased average daily balances• When customer becomes creditworthy, they
will return for funding from the bank where they already have a strong relationship – the bank that found an option instead of just NO
• I am available for Bank meetings, etc.
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Working Together
• In situations where we have a client who needs a bank we can refer them to you
• In situations where we can improve a clients position and get them approved for a bank loan we can return them to you
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Working Together
• We can help with workout situations
• We can help if someone is abusing the overdraft privilege and the bank is considering disengaging them
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Working Together
• In those unfortunate situations where you do have to say NO – Think of us
• It can make the difference in how your client feels about your ongoing relationship
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Contact Information
Jose Tardencilla
Phone: 877-386-3716 ext 210
Fax: 888-495-4310
Email: [email protected]