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NEWS AND EVENTS
 

1/28/2006
Information Logic releases Screening Report, enabling franchisors to streamline application processing through an intuitive, web-based application.
 
2/12/2005
Information Logic announces availability of Fair Isaac LiquidCredit module, simplifying integration for companies using automated credit scoring.
NEWS          1/28/2006
Information Logic releases Franchise Qualifier Screening Report, enabling franchisors to streamline application processing through an intuitive, web-based application.
Information Logic is proud to announce the release of the Franchise Qualifier Screening Report.  Franchise Qualifier is designed to help franchisors streamline the application screening process, saving considerable time and money during franchisee development.  A typical franchisor can now quickly and easily identify the top candidates for their new locations, using state-of-the-art technology that accurately predicts business success based on both credit and non-credit factors.
Currently, most franchisors find themselves spending a large part of their time each month qualifying applicants for their new locations.  Since successfully running a franchise requires the owner to be more than just a good credit risk, the qualification process is more in depth than the typical loan process.  With so many applicants for relatively few new locations each month, it is difficult to be certain that the absolute best applicants are the ones placed. Occasionally, an applicant that is fully vetted by the franchisor will fail to obtain financing. The time and money spent by the franchisor is wasted, and the process must be started over to fill that location.
Franchise Qualifier cuts down on this time spent by franchisors by accurately identifying the best applicants for each new location, based on an in-depth analysis of their potential as a business owner, not just their credit rating.  By bringing the best to the top, the franchisor can now focus specifically on the applicants most likely to be successful franchise owners.
For more information on Franchise Qualifier, please contact Bob Rodi at 1-800-495-6989.
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