GetPowerPay.com Cloud Based Digital Financing Platform for Home - - PowerPoint PPT Presentation
GetPowerPay.com Cloud Based Digital Financing Platform for Home - - PowerPoint PPT Presentation
GetPowerPay.com Cloud Based Digital Financing Platform for Home Services Companies Problem with Indirect Lending Model Unnecessary Dealer Fees Primarily Credit Card Products Complicated Enrollment Ask Contractors to Process
Problem with Indirect Lending Model
- Unnecessary Dealer Fees
- Primarily Credit Card Products
- Complicated Enrollment
- Ask Contractors to Process Credit Cards at Job Completion
- Low Approval Rates
- Product Ambiguity = Confused Consumers
- NO FEES EVER!!
- National Lender Network
- Instant Approval, Paperless, Simple-to-Use, Secure
- Loan offerings - FICO 600-850
- Higher Approve Rates
- $50K Credit Limits (higher amounts with approval)
- Low Monthly Pay Options
We help home improvement companies sell more & close more!!
Comprehensive Solution
Consumer Finance Platform designed by dealers for dealers
Not Your Typical Home Improvement Lender
- Low Payment Focus = Expanded Consumer Base
- Get below 640 line and double your customer reach
- Low Payments allows for upsell of bundle services
- 3,500 lender credit union network with $1T assets
- Less rate fluctuation & low rates because they’re a Non-Profit
- Consumers become Members
- Members get special rates, special services, special treatment!
How It Works
In Home Visit or Apply Online Trade Licensed Member Benefits Cloud Based
Use on any device Paperless, Secure Approved to 600 FICO Score AI provides instant approval Making credit available to 80% of the market Loan Approval & E-signature Install Equipment Funding proceeds in 48 hours
(This is the only page the dealer needs to learn to use the program)
DEAL CENTER THIS IS THE ONLY PAGE YOU NEED TO LEARN TO CLOSE OUT A DEAL
EVERY CONSUMER BECOMES A REMOTE MONITORED DEMAND RESPONSE CUSTOMER ON OUR PLATFORM ALLOWS US TO HELP DEALERS WITH RESIDUAL INCOME FOR YEARS
Partnered w/ Alarm.com
provides software & hardware
Remote Control Access
signals units to turn on & off
Central Station Monitoring
watch assets in real time
Demand Response
Remote monitoring allows us to turn assets on or off so the utility can redistribute power to other parts of their network during critical situations
Utility Credits
- ffset consumer loan payments
IoT Allows for Seamless Integration
- pens door for any dealer to install with our partnered equipment
Description APR Payment Factor Term Merchant Fee 60 Months 7.99% 2.03% 60 NO FEE 84 Months 8.99% 1.63% 84 NO FEE 120 Months 9.99% 1.32% 120 NO FEE 120 Months 8.99%1 1.27% 120 NO FEE
1 For qualified consumers
Price List
Effective Date January 1, 2019
For Approved & Authorized Dealer Use NO MERCHANT FEES EVER!!
EXCLUSIVE FREE HDR (Home Deductible Reimbursement) Plan
See Plan for Details