Product Name: Technicost SmallTix

What Does It Do? | Who Uses It? | Loan Types | Benefits

What Does It Do?

The Technicost SmallTix is a web system for lenders and leasers who want to offer dealers and brokers fast easy access to small-ticket commercial credit.

Adding SmallTix to your website enables your authorized brokers and dealers to submit online credit applications on behalf of their clients and received an automated credit decision.

The system then processes applications using:

• Data from Equifax commercial credit bureau.
• The auto-decisioning customizable tree.

Dealers/brokers get an answer within 90 seconds. Disbursements are then conditional to receiving the documentation to validate the figures submitted online and complete the application.

You can configure the auto-decisioning engine to match your criteria anytime.

As we know, the small-ticket market segment requires vendor programs to gain volume, thereby reducing the origination costs. The challenge is to continuously develop partnerships with manufacturers, vendors, or distribution channels that can provide deal flow. Economies of scale must be achieved, driven by standardization of documentation and structure.

• Commercial Lenders
• Leasing Companies
• Construction/Equipment Suppliers
• Technology Financing Companies
• Financial Institutions
• Credit Unions

• Commercial/Business Loans
• Small Tickets
• Equipment Leasing
• Software Leasing
• Structured Commercial Financing

Web access for your lenders and business partners.
The SmallTix is added to your website. Your employees as well as your business partners (authorized dealers and brokers) can access the application anytime, anywhere.

Flexible and Customizable Decisioning Tree
Your lending policy is integrated into the decision tree. Points are accumulated based on your criteria and the total score decides whether applicants are ‘Approved’, ‘Declined’ or ‘Referred’.

Connected to Commercial Credit Bureau
The system performs a decision scoring based on collected information and information pulled from business credit bureaus. A direct interface means no re-typing and re-submitting information on the credit bureau provider’s website.