- This file was automatically generated by VIMEO 0 00:00:51.865 --> 00:00:53.495 Hello, my name is Melissa Flagg 1 00:00:53.495 --> 00:00:55.295 and I'm the Vice President of Operations 2 00:00:55.875 --> 00:00:56.975 for Funding Metrics. 3 00:00:57.325 --> 00:01:00.215 Funding Metrics currently has two funding portfolios, 4 00:01:00.325 --> 00:01:01.975 landini and Quick Fix Capital. 5 00:01:02.715 --> 00:01:04.335 I'm here today with Brooke Brown. 6 00:01:04.545 --> 00:01:06.215 She's our business development manager 7 00:01:06.435 --> 00:01:09.055 and team lead for the Blue Team here at Funding Metrics. 8 00:01:09.835 --> 00:01:11.775 And we are here today to talk about some 9 00:01:11.775 --> 00:01:14.055 of our new technology that we're gonna be rolling out 10 00:01:14.715 --> 00:01:18.055 in 2024, what has already been rolled out 11 00:01:18.435 --> 00:01:22.175 and what you can expect to see going into 2025. 12 00:01:22.555 --> 00:01:23.935 So please stick with us. 13 00:01:23.985 --> 00:01:26.775 We're gonna do a quick product demo of Instant Offers, 14 00:01:27.355 --> 00:01:29.775 and also discuss some of the new and exciting changes. 15 00:01:35.085 --> 00:01:36.855 Funding metrics has built logic 16 00:01:36.885 --> 00:01:38.255 that receives submission data 17 00:01:38.355 --> 00:01:41.975 and documents immediately pings against our CRM scans. 18 00:01:41.975 --> 00:01:45.015 Various databases utilizes automation 19 00:01:45.035 --> 00:01:46.655 and AI for bank analysis, 20 00:01:46.955 --> 00:01:50.695 and Underwrites offers less than $75,000 in five minutes, 21 00:01:52.635 --> 00:01:55.095 But $75,000 is just the beginning. 22 00:01:55.285 --> 00:01:56.815 Funding metrics is committed 23 00:01:56.815 --> 00:01:58.415 to further advancing its technology, 24 00:01:58.465 --> 00:02:00.175 which will enable an increase in this 25 00:02:00.415 --> 00:02:01.455 threshold in the near future. 26 00:02:03.245 --> 00:02:06.415 Instant offers are not auto offers initially. 27 00:02:06.515 --> 00:02:09.855 Our attempt at expediting offers was termed auto offers. 28 00:02:10.355 --> 00:02:12.335 In this process, submission data 29 00:02:12.435 --> 00:02:14.815 and documents underwent manual processing 30 00:02:14.885 --> 00:02:16.455 with minimal initial scoring. 31 00:02:16.965 --> 00:02:19.215 Auto offers typically took one to three hours, 32 00:02:19.395 --> 00:02:23.175 but were subject to changes often due to late affordability 33 00:02:23.275 --> 00:02:26.175 and scoring information, sometimes resulting in denials. 34 00:02:27.755 --> 00:02:30.615 The development of instant offers represents the pinnacle 35 00:02:30.615 --> 00:02:33.175 of FinTech innovation through the application 36 00:02:33.175 --> 00:02:36.375 of tailored AI algorithms from submission to pre-approval. 37 00:02:36.685 --> 00:02:39.095 Instant offers are both dependable and fast. 38 00:02:40.555 --> 00:02:42.415 If you possess an API connection 39 00:02:42.515 --> 00:02:44.655 or access to the funding metrics ISO portal, 40 00:02:44.875 --> 00:02:47.575 but have yet to utilize it, seize the opportunity 41 00:02:47.795 --> 00:02:49.975 to start submitting with this technology today. 42 00:02:50.355 --> 00:02:52.135 If you find yourself in need of assistance 43 00:02:52.165 --> 00:02:54.335 with navigating the funding metrics ISO portal, 44 00:02:54.445 --> 00:02:56.455 whether it's understanding its functionalities 45 00:02:56.675 --> 00:02:58.215 or troubleshooting any issues you 46 00:02:58.215 --> 00:02:59.645 encounter, we're here to help. 47 00:03:00.885 --> 00:03:02.125 Additionally, for those who haven't 48 00:03:02.125 --> 00:03:04.445 yet established their API connection with funding metrics, 49 00:03:04.785 --> 00:03:07.205 we strongly urge you to take advantage of this opportunity. 50 00:03:07.475 --> 00:03:10.285 Setting up your API connection can streamline your process, 51 00:03:10.555 --> 00:03:13.325 enhance efficiency, and unlock faster approvals. 52 00:03:13.585 --> 00:03:14.965 By integrating with our platform, 53 00:03:15.025 --> 00:03:17.805 you can gain real time insights, automate tasks, 54 00:03:17.945 --> 00:03:20.445 and optimize your operations for greater success. 55 00:03:26.075 --> 00:03:27.725 Landini values its relationships 56 00:03:27.725 --> 00:03:29.205 with its merchants and ISOs. 57 00:03:29.375 --> 00:03:31.925 We've created a loyalty program that rewards merchants 58 00:03:31.925 --> 00:03:33.445 for remitting in a timely manner. 59 00:03:37.805 --> 00:03:39.765 Merchants will earn rewards for each percent 60 00:03:39.785 --> 00:03:40.965 of business financing. 61 00:03:40.965 --> 00:03:43.165 They remit and graduate to different levels 62 00:03:43.385 --> 00:03:44.765 as they remit and renew. 63 00:03:45.035 --> 00:03:49.285 Loyalty rewards include additional remittances factor rate 64 00:03:49.525 --> 00:03:51.405 reductions and discounted origination fees. 65 00:03:55.755 --> 00:03:58.125 Loyalty rewards help ISOs retain the 66 00:03:58.125 --> 00:03:59.605 relationships with their merchants. 67 00:04:00.205 --> 00:04:02.685 Merchants must opt in to receive these loyalty rewards. 68 00:04:02.835 --> 00:04:04.605 They can do so directly on our website 69 00:04:04.625 --> 00:04:07.245 and they will receive 200 points just for opting in. 70 00:04:07.385 --> 00:04:09.365 You can ask your ISO manager for additional details. 71 00:04:15.315 --> 00:04:17.765 Funding Metrics has developed a merchant app 72 00:04:17.765 --> 00:04:22.325 that will go live at the end of quarter two, 2024. 73 00:04:23.195 --> 00:04:26.285 This will allow merchants to be able to track all 74 00:04:26.285 --> 00:04:28.765 of their data, their balances, as well 75 00:04:28.765 --> 00:04:32.405 as track their application status from offer all the 76 00:04:32.405 --> 00:04:33.445 way through origination. 77 00:04:37.665 --> 00:04:41.085 In addition to tracking their offers, merchants will be able 78 00:04:41.085 --> 00:04:44.565 to request zero balance letters, payoff letters, 79 00:04:44.705 --> 00:04:46.645 and activity history directly 80 00:04:46.645 --> 00:04:48.085 through the merchant application. 81 00:04:53.555 --> 00:04:56.565 When stipulations are requested, merchants will be able 82 00:04:56.565 --> 00:04:58.765 to upload the stipulations directly 83 00:04:58.795 --> 00:05:01.725 through the merchant app just by snapping a photo. 84 00:05:06.965 --> 00:05:08.245 Additionally, merchants will be able 85 00:05:08.565 --> 00:05:11.445 to track the remittances directly through the merchant app. 86 00:05:11.985 --> 00:05:14.365 In the event that a merchant misses a remittance, 87 00:05:14.675 --> 00:05:16.805 they'll be able to contact the proper department 88 00:05:17.155 --> 00:05:18.365 just at the click of a button. 89 00:05:18.395 --> 00:05:21.685 Through the application, merchants will be able 90 00:05:21.945 --> 00:05:23.605 to download the app directly 91 00:05:23.605 --> 00:05:25.445 through the Google Plague or Apple Stores. 92 00:05:31.835 --> 00:05:33.885 LANDINI and Quick Fixx Capital are committed 93 00:05:33.885 --> 00:05:36.885 to simplifying the submissions process while also focusing 94 00:05:36.885 --> 00:05:37.965 on speeding up the offers. 95 00:05:38.295 --> 00:05:40.805 There are three ways that you as an ISO can submit. 96 00:05:44.745 --> 00:05:47.485 We encourage ISOs to submit via API. 97 00:05:47.795 --> 00:05:49.645 This will be the fastest mode of submission. 98 00:05:49.665 --> 00:05:50.965 To receive an instant offer. 99 00:05:51.385 --> 00:05:53.845 You can contact your ISO manager for additional details. 100 00:05:58.345 --> 00:06:01.045 The second fastest way to receive an instant offer is 101 00:06:01.045 --> 00:06:02.605 to submit using our ISO portal, 102 00:06:02.605 --> 00:06:04.565 which we will discuss later in this presentation. 103 00:06:08.075 --> 00:06:11.125 Last but not least, we utilize AI technology that is able 104 00:06:11.125 --> 00:06:12.205 to read email submissions. 105 00:06:12.455 --> 00:06:15.125 While we still prefer that you submit using API 106 00:06:15.305 --> 00:06:17.965 or the ISO portal, we do still accept email 107 00:06:17.965 --> 00:06:19.005 submissions as well. 108 00:06:24.145 --> 00:06:27.565 As previously mentioned, funding metrics has an ISO portal 109 00:06:27.855 --> 00:06:30.725 where ISOs can submit within a matter of minutes. 110 00:06:31.685 --> 00:06:35.365 Additionally, ISOs can manage all of their funded accounts 111 00:06:35.865 --> 00:06:37.445 as well as their accounts that are working 112 00:06:37.705 --> 00:06:38.405 and that have been 113 00:06:38.405 --> 00:06:42.805 denied the funding metrics. 114 00:06:43.385 --> 00:06:45.045 ISO portal has two user levels. 115 00:06:45.475 --> 00:06:48.925 Administrator and employee employees will only be able 116 00:06:48.925 --> 00:06:50.405 to see the deals that they submit. 117 00:06:50.905 --> 00:06:52.965 Administrators will be able to see 118 00:06:53.625 --> 00:06:57.165 all submissions ever submitted, whether it be via portal, 119 00:06:57.925 --> 00:06:59.405 API or through email. 120 00:07:00.595 --> 00:07:03.245 ISOs will be able to track all of their finance deals 121 00:07:03.585 --> 00:07:04.845 as well as view all of their.