Situation

Your salesperson has “made the sale” and wants to bring in new or increased business from a customer. The salesperson gives you the completed credit application, but you don’t have the time or staff to perform the due diligence to get it approved.

Challenge

Balancing your workload between credit requests, over-line/limit approvals, past due accounts and collections activities is difficult and time consuming. Your stress levels rise significantly when you add in unscheduled employee absences and vacations, and DSO explanations to senior management. Sound familiar? You are not alone.

Problem Solved

BCI’s “Fast Track App” is a unique, customizable and affordable solution to help companies efficiently process customer credit applications. We can build a credit application package for your credit team to make an informed credit decision. Our goal is to make your job easier by providing the information you need to make the credit decision!

Customizable Options

“Fast Track App” packages can include:

• credit reference information from suppliers listed on the application
• bank reference information • updated trade credit information from any BCI member that has a relationship with the customer • any supplemental commercial credit reports (D&B, Experian, Advantage Pro, etc.) you need
• Secretary of State search, and other public record information requested
• and any other specific information your company needs

Win-Win

Let your staff focus on value-added activities like determining and confirming appropriate credit limits with your sales team! Take away the administrative burden of credit application processing.

***Bonus: Clients that sign up for the “Fast Track App” service will receive a complementary review of their credit application to insure it contains necessary information to process the application quickly.