Lender FAQ

Are you a Funding Source?

            

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10 Reasons to become an iBank Funding Source...


Trusted since 1999

Access to 510,000 Members

2,000 New Members Monthly

$1.5 Billion Monthly

95% of Members in Growth      and Mature Mode

62% of Members have Higher      Credit Rating than National      Average

Up to 16 Filter Member      Targeting System

80% of Members Post      Exclusively on iBank Network

Members Tele-Verified Daily

Custom Data Delivery      Options(Vault, Email, API)

Lender FAQ

Q: What service do you provide?

A: We provide a search engine for lenders to find new loan applicants targeted to their specific lending needs or requirements.

Q: Why should I use you instead of other search engines?

A: We lower the cost of new customer acquisition by giving you up to 16 filtering criteria.

Q: What are the benefits of becoming a lender within our network?

A: Over 2100 companies use our engine to help their business customer procure financing and each month they process over 20,000 applications representing over $2.6 billion in loan requests! To see more benefits, click here.

Q: What is the New Customer Loan Requests program?

A: The Loan Requests program is one of our newest features. For as little as $1.44, you can purchase information on pre-screened loan applicants targeted to YOUR criteria! For more information, contact Sales.

Q: How much does it cost to join as a lender?

A: We assign a secure VAULT to you and your firm. You can store your loan criteria, notes, contact history, the new customer status, and access your VAULT anywhere, anytime. We charge a set-up and training fee of $199.99 per month to host and provide 24/7 access in the engine. Click here to review the Lender Agreement.

Q: How am I charged for customer searches?

A: Each day at 5am, 9am, 1pm, and 5pm you are notified by email of all the new customers that match your criteria. Click on the link in the email and you will see the price to buy the pre-qual info and contact info. Your credit card will be billed each Friday or when you reach $250.00 in purchases.

Q: Why do I have to pay to join and for new customers? Other loan lead companies don't charge me.

A: They don't charge until you close a loan because they are simply a lead consolidator provided by an Internet web site promoter. We have spent 6 years engineering web-based solutions to automate application processing. We sell our engine to over 2100 companies to help their customer procure financing and we offer seamless ways for lenders to integrate to our systems. In addition, loan applicants pay to use Finance$uite (ranging from $49.95 to $299.99). No other loan search engine gives the lender targeted deal flow and pre-populated applications thus lowering cost of new customer acquisition, reducing waste, and speeding up funding time like iBank.


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