Business Credit Applications Website
Business Credit Applications Website
Idea Description
We've designed a website for business owners and creditors to utilize for credit requests and verifications. It is an idea to standardize credit requests from suppliers and vendros to end users, namely contractors, where they would enter information once and have it saved on the website's server saving time for both the supplier, trying to track down references and the requester filling out numerous credit applications in various forms.
What will you do if you win $10,000 for this idea?
Pay for the implementation of the website and start up.
Vote for it now.
Would the creditors have to be a member of the site in order to participate? Also, some creditors have their credit approved customers fill out an updated credit application every 6 months or once a year and re-check their credit to evaluate if they should continue extending them a certain credit line, would you be able to offer something like that which is automated? I think that would be helpful to creditors, especially now with the economy in such a sad state.
to Mic_eDunn The site is to be done as a subscription type of website, that allows each member to update their credit periodically. Yes I also have to inform each of my suppliers about every 6 months to one year and some require new Credit apps to be filled again. This site would allow easy modifications and saving for anyone. Great question though.