INSTANTNO CREDIT CHECK

12 month Financing with 80% APPROVAL Rate

For Smartphone's, iPhone’s, Tablets , accessories or any other items you sell in your wireless stores… This product gives you the ability to sell more in your store by offering a credit line to your customers Instantly. Risk free for the

dealer w/ direct deposit payment in 2-4 business days!

Benefits to your business New or Additional financing options

Increased Sales

Expanded Customer base

Improve your bottom line

Continue to thrive in a down economy

NO CREDIT CHECK 80 % Approval Rate (40% Instantly approved , 40% pre-approved with paystub required)

Easy & Affordable Payments (deducted directly from bank account on payday)

Online Application (takes less then 5 minutes to complete online)

90 Day Payment Option (same as cash except for 10% initial payment from customer)

No Credit Check on the Dealer , just verification of ownership and location.

No liability, No charge backs to the store (Store gets paid in 2-4 business days direct deposit)

No Minimum Finance AmountMinimum Approval = $300

Maximum Approval = $2,400

Monthly Income Qualified Amount* 12 month Pmts* Bi-Weekly Pmts* Weekly Pmts*

$1,000.00 $300.00 $45.00 $20.77 $10.38

$1,250.00 $450.00 $67.50 $31.15 $15.58

$1,500.00 $650.00 $97.50 $45.00 $22.50

$1,750.00 $750.00 $112.50 $51.92 $25.96

$2,000.00 $900.00 $135.00 $62.31 $31.15

$2,250.00 $1,000.00 $150.00 $69.23 $34.62

$2,500.00 $1,100.00 $165.00 $76.15 $38.08

$3,000.00 $1,200.00 $180.00 $83.08 $41.54

$3,500.00 $1,300.00 $195.00 $90.00 $45.00

$4,000.00 $1,450.00 $217.50 $100.38 $50.19

$5,000.00 $1,650.00 $247.50 $114.23 $57.12

$5,750.00 $2,000.00 $300.00 $138.46 $69.23

$6,500.00 $2,400.00 $360.00 $166.15 $83.08

*Qualified Amounts are set according to bank activity and balances. The amount above is not guaranteed. Payments are setup to come out on your payday.

Payments Payments are automatically debited from customers account on every

payday.

Qualified amounts are set according to checking account activity and balances, they are not guaranteed.

90 Day Payment OptionCustomers are given a 90 day payment option where they only pay off the

original invoice amount plus the initial 10%.

48% of buyers utilize the 90 Day Payment option.

82% of approved 90 Day customers return to the store for repeat financed purchases.

How does the customer qualify? There are THREE things we look at to qualify a customer:

1. Employment

2. Income

3. Bank Account The customer must: Be employed at least 6 months Gross over $1,000 per month Deposit at least $500 per month in their bank account. Have an open and active checking account for at least three months

with no NSF’s or overdrafts in the last 30 days.

Online and In-store training We train your store’s personnel how to offer the NO CREDIT CHECK

program to credit challenged customers.

Your sales associates will know exactly how to help their customer

through the process in order to obtain the merchandise they need.

Sample Transaction For example, let’s use a Smartphone with a retail price $300.00, a

hypothetical sales tax rate of 8% and a 10% Service Charge.

$300.00 Retail *$324.00 x 15% = $48.60/mo payment$24.00 8% Sales Tax or$324.00 Total *$24.30 Bi-Weekly$32.40 10% Initial Payment or$324.00 Total Financed *$12.15/weekly

Funding Calendar All funding is determined by when a complete funding packet is completed, signed and received by

Funder. Once an account is funded, it is deposited the next business day into the merchant's account. The typical funding period is 2-4 business days. This means deals turned in completed and signed to

Funder on a: Mondays - are funded Tuesdays and store sees funds in their bank as soon as Wednesday. Tuesday - store sees funds as soon as Thursday Wednesday - stores sees funds as soon as Friday Thursday - stores see funds as soon as Monday Friday - store sees funds as soon as Tuesday Saturday - store sees funds on as soon as Tuesday No deals are funded on Sunday which means deals submitted on a Sunday will be treated as if they were

received on Monday, thus funding will show up as soon as Wednesday in the store’s account.

NOTE: If Monday is a Holiday i.e. Memorial Day, Columbus Day (any Monday holiday), deals that are typically funded on a Monday are pushed back a day. So, a Thursday Funding will not show up in a store’s account until as soon as Tuesday. Any national holiday where banks are closed typically puts funding back a day (even if Funder is open because the banks are closed and won't receive ACH deposits).

Sample Dealer Funding Transactions

Up Front PaymentSale Price w/ tax $660.00

10% Initial Payment (service fee)Paid to Dealer upfront by customer $66.00

Dealer Funded ACH from Progressive $594.00Total to Dealer $660.00

The customer’s balance at this point is $660. Remember, the initial payment is the service fee for the transaction. It is not deducted from the sales invoice)

States Covered

Financing is available in 46 states Excluded states: New Jersey, Minnesota, Vermont and Wisconsin No Puerto Rico

Contact

A Progressive Solutions Partners Company www.pspnocreditcheck.com OTIS HALL otis@PSPnocreditcheck.com 352-422-8059