[FCF Fund]

I think we can all agree that everyone in this forum can Talk a good Talk and get the prospect interested in funding with them. Merchants are eager to explore - you send them docs telling them what you need to review - they understand they acknowledge you by email received and then you sit and wait. Trying to get the completed apps and docs back on time - you can waste lots of time running after prospects for paper.

What are some suggestions for speeding up the docs collection process without being a pest and chance bugging someone by following up too much like I accidentally did earlier today - prospect was a little pissed I misinterpreted his timing and wanted to be the hero and on the ball and instead I ended up following up too early - appreciate everyone's perspectives.

G

The issue is the friction for merchant to get their banks. Offer bank linking like Plaid / Decision Logic. Some lenders will accept it others won't.

You could also create a page interface similar to when client selects their bank via plaid / Decision logic and just lead the merchant to their online banking so they can go straight there and download it. Not every merchant is savvy enough online but the ones that are you will see a big bump on conversion.

Personally, I've seen a 30% increase in conversions providing a bank linking solution.