Ben Franklin Finance overview

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  • ww

    w.benfranklinfinance

    .com

    P.O

    . Box

    972

    |

    Gre

    enw

    ood,

    IN 4

    6142

    |

    Tel

    : 855

    -445

    -856

    9

    | F

    ax: 8

    88-914-0715

    Accounts Receivable Management

    FinanceALLCreditGrades

    24/7,Up-to-the-MinuteOnlineReviewofYourPortfolio

    CustomizeYourBillingOptions

    YouChooseTermandPaymentAmount

    CoasttoCoastOperations

    AutomatedBilling

    OnlinePaymentOption

    CustomizableAutomatedForms

    SubstantiallyIncreaseYourMonthlyReceivables/CashFlow

    NoMonthlyFeesNoManagementFeesNoSet-UpFees

    WeGetPaidOnlyWhenYouGetPaid

    OfferYourStudentsLowInterestRatesorSpecialTermstoIncreaseEnrollments

    You focus on student acquisition, education, and retention Ben Frankiln Finance will provide expert receivable management and improved cash flow to facilitate your growth!

    NEVER TURN A STUDENT AWAY BECAUSE OF FINANCING!

    Convert 100% of your prospects to Paying Students

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    You May Need To:

    SubstantiallyIncrease YourMonthlyReceivableIncome.

    FillEmptyClassroomSeatsWithPayingStudents.

    ProvidePre-GraduationorExtendedPaymentPlans(allowingstudentstoextendpaymentsbeyondgraduation).

    GrowYourSchool.

    Retain & GraduateMoreStudents.

    ProvideFinancingOptionstoStudentsWithLessThanPerfectCredit.

    OfferNon-Credit BasedLoanOptions.

    SeparateEducatingofYourStudentsFromBillingThem.

    ProvideMulti-TierFinancingPrograms.

    CustomizeTerm&PaymentsForVariousStudentPopulations.

    CollectDelinquentStudentAccounts.

    HaveReal Time,UpToTheMinuteAccesstoYourReceivablePortfolio.

    WHAT Ben Frankiln Finance

    CAN DO FOR YOU TODAY!

    If Improved Cash Flow Is Needed, Ben Frankiln Finance Is Here To Help!

  • P.O

    . Box

    972

    |

    Gre

    enw

    ood,

    IN 4

    6142

    |

    Tel: 8

    55-4

    45-8

    569

    |

    Fax:

    888

    -924-0715

    Ben Frankiln Finance currently services thousands of student portfolios throughout theUnited States, and we are proud to report that each one has been customized toaccommodate the special needs and desires of each school.Whywould you compromiseyourneeds,oraccept less thanthehighestbillingandcollectionratesavailablewhenBen Frankiln Finance will work closely with you to design a Student Account Portfolio thatprovidesexactlywhatyouneedandwantfromyourTuitionEnhancementpartner?

    Ben Frankiln Financechargesnoste-up feesand no per-account feesactuallynofeesarechargedtotheschoolwhatsoeverandwegetpaidonlywhenyougetpaid.Isnt that the way it should be? Weprovideprofessionalservicingandthetechnologynecessarytoputyou in control of ev-ery aspect of your receivable portfolio. Select, alter or customizecontract terms and payment amounts and get expert advice on how to increase yourmonthly incomefromyourfinancedtuitionportfolios.Ben Frankiln Finance staff iswithyoueverystepofthewaytoinsureyoureceivethehighestcollectionrateonstudenttuitionaccountsavailableanywhereinthenation.

    Ben Frankiln Finance, a national leader in the management and collection of student receivables, will assist you in structuring a unique financing program that will increase new enrollments while improving your monthly cash flow.

    You Tell Us: Repaymentterm Desiredpaymentamount Whetherpaymentsareimmediateordeferred

    All students are accepted for financing No student is denied - Ever!

    Everyprospectcanbeimmediatelyenrolledwithouttheriskofbeingdeniedfinancing.Re-gardlessofcreditgrade,Ben Frankiln Finance willprovidefinancingforeachandevery

    prospectyousend!

    REPLACE EMPTY SEATS WITH PAYING STUDENTS!

    TUITION ENHANCEMENT PROGRAMww

    w.benfranklinfinance

    .com

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    Does the development of financing forms and the constant need to update them translate to stress for you?

    Ben Frankiln Financesoftwareallowsyoutoquicklyandeasily

    utilize our on-line calculator to determinemonthly payment

    by simply insert-ing amount financed, payment amount

    desired, term and down payment (if any). Its easy to adjust

    thesenumbersuntilyou find thepayment that is just right

    for your customer. Once you are satisfied with the terms of

    your new contract, simply print the forms needed for your

    customerssignature!ITS THAT EASY!Afterquicklysettingupastudentsfinancingplan,youcanim-

    mediatelyprintourauto-generatedformsforthestudenttosign.

    Retail Installment Contract

    Information Summary

    Amortization Schedule

    Ben Frankiln Finance MAKES IT

    SIMPLE.

    Ben Frankiln Finance makes the time consuming task of student financing fast and simple!

  • P.O

    . Box

    972

    |

    Gre

    enw

    ood,

    IN 4

    6142

    |

    Tel:

    855-

    445-

    8569

    |

    Fax

    : 888

    -924-0715

    Ben Frankiln Finance can quickly take over the management of your existing student billing and collection accounts. Aseamlessprocessforthesmoothtransferofyourexistingstu-dentaccountstoBen Frankiln Financeisjustaphonecallaway.Youmay

    transfer your accounts to us as hard copies or as electronic files, and then watch your

    monthlyreceivabledollarsgrow!

    Oncewereceiveyourinformation,wewillcontacteachaccounttointroduceourselvesand

    discusspaymentoptionsthatwillenhanceservicesandcollectionratesandprovidethemwith

    ourtollfreenumbertogetanswerstoanyfinancingquestionstheymighthave.

    TheuseofBen Frankiln Finance asyourfinancialpartnerisapowerfultoolthatwillhelp

    youreachnewstudentsandmeetrevenuegoals.

    Thats all there is to it!Ben Frankiln Finance will take care of all payments, answer any

    questions your stu-dentmay have concerning payment of their account, enhance existing

    collection activity on delinquent accounts and report all payment activity to the credit

    reportingbureau.

    There is no additional charge to transfer and set up your existing accounts REMEMBER, you only pay us when we collect your money!

    Areyoutiredofyourstudentstryingtomaketheirproblemsyourproblems?Tiredofbeingthe

    badguy?Doyouwanttogetoutofthefinancingbusiness,focusonbuildingbetterrapport

    with your students, increasing enrollments, decreasing payroll and improving your

    receivables?ThenBen Frankiln Financeistheanswer.Callustoday!

    YOU ONLY PAY US WHEN WE COLLECT YOUR MONEY!

    TRANSFER EXISTING STUDENT

    ACCOUNTS TO Ben Frankiln Finance FINANACIAL SERVICES.

    ww

    w.benfranklinfinance

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  • What is it you actually do?Ben Frankiln Finance provides servicing and collections of your studentaccounts.Ourexpe-riencehastaughtusthatsendingoutacouponbook,whileinexpensive for the financing company, actually translates to less customerservice and in most cases a lower collection rate.Ben Frankiln Finance willprovidelive,monthlybillingforeachofyourstudentaccounts.Thereisalwaysa customer service representative monitoring each and every one of yourstudent accounts to insure optimum service and the highest collection ratepossible.

    What happens if one of my students stops paying?Youhave24/7onlineviewingofyourstudentportfolio,soyouwillalwaysknowhoweachandeveryoneofyouraccountsispaying.Ifoneofyouraccountsbe-comes10dayslate,aLateNoticeissenttothestudent.Iftheaccountbecomes31dayslate,asecondnoticeismailedfollowedbyfriendlybutfirmtelephonecallstoremindthestudentofthepaymentthatisdue,andtheaccountisreport-edlatetothecreditbureau.Ifstillnotpaidwithin45days,anotherlatenoticewillbemailedandtheaccountmaybecalleddailyencouragingthestudenttobringtheaccountcurrent.Ifafterrepeatedattemptstocollecttheaccount,thataccountbecomes90days late and is transferred toour collectiondivision forenhancedcollectionactivityincluding3callsperdaytoeachnumberonfile.

    Do you do credit checks on students?Wewill providebilling and collection services for your students regardless ofcredit scores. By usingBen Frankiln Finance, you will enroll all prospectivestudents without regard for credit history, and Ben Frankiln Finance willprovidebilling and collection services for all those studentswhodonothavefederalstudentloansorpersonalfundsavailabletopayyoufortheirprogram.

    Do you work with schools that do not have accreditation?Weworkwithbothaccreditedandunaccreditedschools.

    Do you require a cosigner? Cosignersarenotrequired;however,theymaybeofhelpincollectingyourmoneyifthestudentbecomespastdue.Webelieve,whilenotrequired,itisalwaysadvisabletouseacosigner.Ifyourstudentbecomes late,wealwayscontactthecosignerbymailandbytelephonetoimproveourchancesofcollectingyourmoney.Themoreinformationwehaveforeachstudent,thebetterreceivablesflow.

    How is the students monthly payment determined?YOUareinchargeofallaspectsofthestudentsfinancingterms!Youselectthetermandthereforethepaymentamountforeachofyourstudents.Ifyouwishtoprovidescholarshipsorlowermonthlypaymenttoincreaseenrollments,youneedonlychange the termsofyour financingoptionsandprint thecontract.YourBen Frankiln Financecustomerservicerepresentativewillbeavailabletohelpyouwithanychangesthatyourequire.

    How and when will I receive the money from my students payments?Youwillreceiveacheckbythe15thofeachmonthforfundsduetoyoufromthepreviousmonthscollection.Youwillbeabletomonitorallpaymentsonline24/7,sotherewillbenosurprises.Youcanactuallywatchyourmoneygrowonlinebeforeyourcheckarrivesinthemail!

    How do I get started?Theprocessisquickandsimple.Justgiveusacalltodayat855-445-8569 !

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  • P.O

    . Box

    972

    |

    Gre

    enw

    ood,

    IN 4

    6142

    |

    Tel

    : 855

    -445

    -856

    9

    | F

    ax: 8

    88-924-0715

    Customer Service focusedtelephonesupportstaffavailabletoimmediatelyrespondtoallquestionsfromyou,orfromyourstudents.

    24/7 Online viewingofeverysingleaccountinyourportfolio.Neverbeinthedarkabouthowyourstudentportfolioisperforming.

    Upto10pointsofcontactmonthlyonanyaccountthatisdelinquent.

    Eachmonthlycheckyoureceivewillbeaccompaniedbyadetailed,hardcopyreportofstudentpaymentactivity.

    Onlinefinancialcalculatorthatallowsyoutoadjustthetermsofyourstudentcontractsinjust minutesandthenprinttheupdatedforms.

    Theschoolwillbenotifiedofanyimportant informationreceivedfromthestudentthataffectsthestudentsprogram,withdrawal,orfinancedaccount.

    Ben Frankiln Financewillmakeeveryefforttocollect all money due theschoolevenfromstudentswhodropout.Thestudentandallcosignersarecontactedatanytimeastudentsaccountbecomes10 days delinquent.

    Eachaccountis billed monthly, weekly, or bi-weekly, andwheneverpossiblesetuponACHtoinsurethehighestcollectionratepossible.

    Allaccountsreportedtomajor credit bureaumonthly.

    Weacceptall formsofpaymentincludingACH,payrolldeductions,onlinebillpay,checks,creditcards,wiretransfers,moneyorders,etc.

    Wealwaysencourageeverystudenttocompletetheprogramhe/shestarted,andnot give up on their goals.Weseethemoneytheyoweyounotonlyasanobligation,butasan investment intheirfuture.

    Real-Timeaccountupdatesavailableforschoolreview24/7.

    Professionalcreditcounselorsworkcloselywithpastduestudentstobringthosestudentsback to current status.

    Thehighestcollectionrateintheindustryonallcreditgrades.

    Professional, Customer Focused Services Provided www

    .benfranklinfinance

    .com

  • 107NorthStateRoad135,Suite301Greenwood,IN46142Tel: 855-445-8569

    At Approved Credit Solutions our goal is to improve your cash flow and help reduce the burden of your debt collections so you can spend more time focusing on your core business.

    Weunderstandtheimportanceofmaintainingtheprofessionalrelationshipyouhavewithyourclients.Youcanexpectustotreatyourclientswithdignityandrespectandtomaintainaprofessionalapproachwhileatthesametimeusingouryearsofexperiencetomaximizeeachcalltorecoverthelargestamountofmoneyintheshortestperiodoftime.

    Wehaveaccesstoavarietyofcollectiontoolsthatenablesustolocate,contactandsecurepaymentsonaccountsthatyouplaceinourcare.Wealsosetupastrictcriteriaofduediligencetoinsurethatallac-countsareworkedequallyregardlessofthebalanceoftheaccount.

    We can customize the following to serve your needs:

    Letterseries Feeschedule Duediligence Creditreporting CollectionsofNSFchecks LegalServices ContractRevision

    BEN FRANKLIN FINANCE COLLECTIONS ARM

  • 107NorthStateRoad135,Suite301Greenwood,IN46142Tel: 855-445-8569

    SUPERIOR ACCOUNT MANAGEMENT & COLLECTION:

    1. Legal Services Wage Garnishment Judgements Liens Etc.

    2. Credit Reporting3. Client Online Access4. Each Account Receives Daily Attention5. Three Call Minimum Daily

    Services

    PRACTICES:

    Weekly Trainings in HIPAA

    Weekly Trainings in FDCPA

    Continued Client Collections Educations

    BEN FRANKLIN FINANCE COLLECTIONS ARM

  • Tel: 855-445-8569 Fax: 888-924-0715 www.benfranklinfinance.com

    P.O. Box 972Greenwood, IN 46142