| Commercial Customers, such as financial institutions and other credit grantors, using the Genesis OS platform can: |
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 | Increase approval rates up to 55% while maintaining the same bad rate; or |
| | Decrease the bad rate up to 35% while maintaining the same approval rate; and |
| | Decrease origination, processing and administrative costs up to 40% |
| | The service is available for a one-time Set-Up fee together with a per Report charge which declines with increasing volume of transactions processed. |
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| Entrepreneurs, using the NewBusinessEvaluator™, receive a 15-20 page report which provides: |
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| | The Probability of Success for the entrepreneur’s new business over its first 4 years; |
| | Tailored Recommendations to help improve the entrepreneur’s chances of success; |
| | Forecasted first year Sales and Debt levels; |
| | The estimated Value of the Business; |
| | The Business' Ranking compared to other new businesses; |
| | The Best Industries for new business success; and |
| | An Analysis of Factors affecting the business’ success in 6 key areas. |
The core of the solutions is The Genesis Report which includes scoring algorithms that are empirically derived and demonstrably and statistically sound. Our scoring algorithms use Owner, Business and Industry characteristics, not included in current decision tools, and predict whether a new small business will survive in its first four years of operations.