Butter - Ask Qualifying Questions Flashcards

1
Q

1.

How do you get started with going over qualifications one more solid time?

A
  1. So I would just want to make sure first that before we lock you in that you meet the basic financial qualifications that we would typically recommend here on Brian’s team that you have before getting started with a business like this just because I wouldn’t want to get you all hyped up or excited if you didn’t have the means to go out and be successful right away because, I mean, that wouldn’t be fair to you, right?
    (R)
    So would it be alright if I just ask you a couple quick questions surrounding that just to see if this is something you’d be able to do?
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2
Q

2.

What is the first /3 qualifying question?

A

(Q2.)
1. Okay cool. So first question here, I know we touched on this earlier, but what’s your Transunion credit score specifically?

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3
Q

3.

What is the second /3 qualifying question?

A

(Q3)

2. Okay - And what’s your annual income based on a W2 or 1099?

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4
Q

4.

What is the third /3 qualifying question?

A

(Q4)
3. Okay, then how much available capital or cash on-hand do you have to put into deposits on properties or furniture? You know, money aside that you can actually put into the business.
Okay and that’s not grocery money or you got to pay a bill on Friday, right? That’s money you can set aside if needed for the business?

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5
Q

What is the question to ask for the final qualifying check point?

A

Gotcha. And then final question here… do you have any major purchases coming up that are leveraging your credit? Like buying a home or a car? And the reason I ask is because, you know, obviously when you get a lease on a place credit is usually involved so I’d just want to make sure we’re not going to run into any stumbling blocks for you there.

Okay, cool. Well you’re actually in great place to start so we’ll go ahead and lock you in.

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