What Drives Your Profits?
It's no secret to large retail chains that consumer financing helps drive in customers, maximizes sales, and boosts the bottom line.  So what does an online e-tailer or retailer do when they need ways to compete with cut-throat competition? Turn to consumer financing!

Whether your strategy is to work with lenders, provide your own financing, or sell off bundles of loan papers to other financial institutions, CreditPort should be the centerpiece of your process--the starting point from which your lending begins.

Processing credit data is fast and organized. A common web browser is all you need to credit-enable your entire sales or credit staff.  CreditPort works across the Internet, allowing your entire organization to work with credit data.  Our Credit Decision Support System (CDSS) assists staff in following financing guidelines by providing automated financing terms.

The Missing Piece In Webstore or Website
When large retailers turn to consumer financing to drive in customers and boost profits, it's no wonder the e-commerce is taking notice of CreditPort--it is the missing piece to the e-tailing puzzle.  It is as easy as adding CreditPort Financing to your list of payment methods.  Here's how it works:

Instead of offering only credit cards as payment, CreditPort is added to the drop down list of payment methods. When selected, an easy application form presented. The user securely submits their credit application info.  A credit report is pulled from one (or more) bureaus, and is evaluated against a set of criteria setup in CDSS.  This can be as simple as setting credit score thresholds with higher credit risk returning offers with higher interest rates and down payments, or more complex schemes that check for length of residence and employment, whether the applicant owns their own home, or other factors.  Within seconds, the applicant is given a financing offer on their web browser window.  The applicant presses either the I Accept or I Decline button.  Approval codes are immediately sent back to your webstore software or, if you applicant was declined credit, immediately offers a declined letter specifying the credit bureaus used and the reason the applicant was declined.

Fast Implementation and Low Overhead Costs
CreditPort is easy to implement--in fact you can be using CreditPort today, through your Microsoft Internet Explorer, or Netscape web browser!  Add a customized look, color, font, and even logos to make CreditPort match your webstore or website.  CreditPort is not only a fundamental part of offering financing, but the cornerstone of a marketing system that captures information and produces sales where a cash sale is not possible.

CreditPort uses a web browser every step of the way, meaning low overhead, with little or no training, maintenance or support costs. Anyone who knows how to use a web browser can use CreditPort.

A Great Solution For Growing Businesses
Your growing business needs software applications that can scale with the size of your staff. Whether you need credit reports and data for multiple stores or regions, CreditPort makes it easy to connect everyone together.  Credit applications and data can be tracked by store or region, so you can keep tabs on your data and system access. CreditPort takes advantage of the Internet's ability to link workers together, no matter where in the world they are.  There's no need for dedicated phone lines, or special software that only runs on a single computer.  Reports are received only seconds after they are requested--no matter where your staff is located.  Setting up remote stores is as easy as setting up a security ID and password for a new user.

Automating The Decision Process
Do you wish every staff member was as seasoned as your credit manager?  Had the wisdom and experience to make good credit risk decisions?  CDSS automates the process of making a decision.  That means any sales member (or even a customer) who can fill out a credit application online can receive immediate credit decisions.

The way it works is simple:  you provide CDSS with various parameters to make a credit decision.  For instance, you like a credit score of 670 or above, but you wouldn't rule out someone who was 550 or higher, so long as they owned their own home for more than 2 years.  CDSS can be simply programmed to do just that.  CDSS can act on any credit report data and render a smart decision.  For example, you might set thresholds that allow someone with a score of 530 to 560 to be offered credit, but with a higher interest rate and more down payment than someone with a better credit risk. 

Multi-Layer Security
In retailing, whether online or in-store, security is of key concern.  CreditPort uses multiple layers of security to prevent unauthorized access to data.  This includes secure socket layers, user login windows, and a unique feature: erasable folders.  As you log off CreditPort, or time-out because of inactivity, we destroy your temporary folders to ensure no one else can see them later on.  In this way, we keep data secure, and web pages hidden from others.

CreditPort Layer
What is a Layer ? It is the look you give your CreditPort data.  In other words, credit data can have a layer placed over it, making it easier to read. Or you might choose to view credit data from one bureau in the format of another.  If you're familiar with Equifax report, but want to use Trans Union data, you can view reports in report formats similar to other bureau's layout.

See A Live Demo
Don't miss a live demonstration of CreditPort. Click Here to visit our demo application page where you can pull demo data from the credit bureau and view the report or automated credit decision support system.

Summary
Start increasing your bottom line today. CreditPort is a ready and able system that is inexpensive to start using, plus CreditPort is low cost, offering the advantages of a high-end, enterprise-wide system that can grow with your company.  Add a store?  Set up a new ID and go online today! Use what you need today, or let us help you customize your CreditPort interface.  Just tell us what you need--we give you all the credit!

To talk with a CreditPort representative with retail or e-commerce expertise, simply call us at 800-456-6867.  We can get you online within 24 hours, or simply answer any other questions you might have.