GoodLeap
Michael Mullen, Director of Business Development
- (916) 262-8140 x 1340
- (908) 274-4211
MMullen@goodleap.com
8781 Sierra College Blvd.
Roseville, CA 95661
- Only has install milestone (100% paid at install) [will consider milestone payments based on volume after 1-2 months]
- In additional to install milestone, GoodLeap provides funding to CED for equipment (must complete loan details verified step properly and later upload invoice before installation)
- Requires that we turn the system off for them if asked within the first 6 months post installation (if the customer becomes delinquent) [we can receive a claw back if we do not help goodleap]
- Value proposition is 15% greater approval percentage than Mosaic
- 650-699 credit scores will receive up to $50k
- Higher credit scores can receive up to $135k
- >700 credit has no DTI check
- Customer billing starts 3 months after the install milestone (not tied to when sold)
- Solo integration available if ever wanted
- Portal: origin.goodleap.com
- GoodLeap Pro app also available
- Use Sales Rep Advanced permission for all standard sales reps
- Need only last 4 of SS#
- DTI is based on stated income and requires verification if +/- 20% of what they find in their record search
- $7 max. PPW with no adders and $12.72 with adders
- Always requires adders and cost if PPW greater than $7
- No uploads to mark install complete. 1x / mo. will audit 3 jobs and request information on them. After 3 passing audits moved to quarterly audits
- Have 180 days from submission to funded
- Have 120 days from funded to PTO (will extend if requested up to 180 days before claw back)
- Still willing to work with us and not claw back after 180 days if the customer has made all payments on time