Tools and Underwriting
The tool you use to help guide your client through the digital application
What is Cobrowse or Cobrowse Assist?
This is the hardware that is included with Payment Processing services
What is the Moby 5500 Card Reader?
This is how many free transactions you get per month
What is 25?
This is the shortcut you can type into your browser to learn all about Business Essentials
What is businessessentials/ ?
The universal U.S. Bank sales and service model that aligns our client conversations to our overall bank strategy in growing and deepening relationships
What is the Customer Engagement Model?
The tool used to send a client the application
What is ITA (Invite to Apply)?
The name of the app/website you go to create invoices, accept payments, etc.
Talech
This is how many digital transactions you get for free per month
What is Unlimited?
The percentage of ownership needed by primary applicant to be eligible
What is 20%?
The reference that shows how money is used as a business operates
What is the Business Operating Cycle?
This is the team that reviews the deposit application
What is Cafe Deposits?
This is the fee for a client to get Fast Track (Same Day) funding to a U.S. Bank Checking Account
What is $0?
**$13 per month to be deposited to a non-U.S. Bank Checking Account
This is what is included with the Business Essentials package
What is a Business Essentials Checking account and Payment Solutions?
These are the three options for Payment Solutions given to the client at time of application
What is talech Mobile w/ card reader, talech terminal, or no hardware (talech mobile app only)
This is where we learn the client's needs through asking basic discovery questions, actively listening and identifying client needs
What is Explore?
Where you go to check the status of client's application
What is DIY Wip Hub?
This is the amount you have to process every month to keep Payment Solutions free
These are the five entity types that are eligible for Business Essentials
What is Sole Proprietor, Single Member LLC, LLC, Corporation, and Partnership?
The percentage of current Silver Business account holders that only need 25 branch and paper transactions
What is 90%?
What is inputting a referral to your SBS (Small Business Specialist)?
This is how many days the client has to process a card transaction before the merchant will close
What is 180 days?
What is 2.60% and $0.10 per item?
This is an example of a digital transaction (name three)
What is electronic deposits, electronic withdrawals, ATM transactions, payment processing credits and chargebacks, electronic transfers, ACH, debit card purchases?
This is how many owners the application can support (ex: partnership)
What is up to four?
This is the part of the Business Operating Cycle that we talk about how the business pays bills and expenses
What is Accounts Payable?