AUSTIN, Texas, March 23, 2017 /PRNewswire/ -- FundAbility announced this month the update and re-launch of their Business Finance and Credit Educational private label software platform and their community contributor donation model.
The Business Finance and Credit Educational private label software has been developed to provide Community Contributors such as Small Business Development Centers, Chambers of Commerce, and Private Label providers with a platform to assist all small businesses they connect with or even come in contact with.
Small business owners are provided with access to the software and its educational materials at all times for free, in much the same manner as Khan Academy educational material is provided.
The platform is designed to educate small business owners on what business lenders and credit providers are looking for in order to approve their business for: business loans, equipment leases, business credit cards, vendor lines of credit and much more.
The software allows small business owners to view their business and personal credit reports in a single environment and to learn how to optimize those reports in such a way as to satisfy the underwriting guidelines of business credit providers. The software also educates business owners on the items of Lender Compliance which are filters lenders use to separate high risk of default borrowers from those viewed as lower risk borrowers.
Research has been completed to include over 4,000 business lenders and the approval guidelines of their funding programs, along with over 3,000 vendors who are supplying products and services to businesses on Net 30, 60, or 90 day credit payment terms and their credit line approval guidelines.
The private label software platform is being donated to all Small Business Development Centers and Chambers of Commerce nationwide so that they as Community Contributors can provide this educational platform to all small businesses within their communities.
The software is also being made commercially available to the business lending community nationwide to help educate and pre-qualify the small businesses which they serve before those businesses actually apply for financing.
About FundAbility, LLC.
Since the first version of this software was created 21 years ago, the FundAbility Business Finance & Credit Educational System has been used by more than 600,000 small businesses. FundAbility is a research based software development company whose mission is to help educate small business owners and the professional organizations who serve them so that small business owners are provided with their maximum potential of success and the professionals who counsel them will have the latest research and tools available to serve them.
To learn more about the community success model put forward by FundAbility please visit http://www.fundability.com.
VP Business Development
800.734.0288 x 203
VP Strategic Partnerships
800.734.0288 x 202
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SOURCE FundAbility, LLC