Vehicles

Business Partners earn a percentage of any money paid to the company by the service providers, based on the Business Partner package purchased.

The above being paid for approved and paid out applications submitted under the Business Partner Code.

It is important to make sure that you explain to your clients how the application process works and what the requirements are as this will drastically improve your approval rate.

• For every fully processed and paid out Private Vehicle Finance Application from our weekly list of vehicles an amount of R 1 500
• For every fully processed and paid out Rent to Own Vehicle Application from our weekly list of vehicles an amount of R 1 500

The above is based totally on the number of successful applications submitted every month.

This service may be marketed in any way, so think out of the box and place ads in newspapers, magazines, distribute flyers, business cards, place ads on the internet and visit South African forums to let people know that you can assist them with private vehicle finance or vehicles on a rent to own basis if they are listed.

This product is specifically aimed at:

• clients between the ages of 18 – 60
• South African Citizens
• Clients earning R 8000 per month or more
• Clients that are permanently employed and have been employed by the same employer for at least eight months.
• Clients that have been listed under the credit bureau, have applied for administration, debt review or sequestration

In this industry I cannot stress the importance of word of mouth, so as soon as you are ready, start letting people know, here are some ideas:

• Person to person
• Family and friends
• Events and gatherings
• Advertising boards, banners, posters
• Motor dealers and second hand motor dealers (providing their declined clients with wheels)

INSTRUCTIONS

• Click the button to download the zip file
• Extract the zip file to your pc. Open the folder to view the PDF files
• Import the pdf into a graphic program that is able to edit the text eg: Photoshop (Your printer will know how to do this as well)
• Edit the contact details to show your details and NOT the example details.

Every application will require the following, up to date supporting documentation, which must either be faxed through to the office with your Business Partner code clearly indicated on every page or uploaded via the online system below.

Along with the fully completed online application form you would need to submit the following:

• Latest 3 months over the counter stamped bank statements (no internet, emailed or posted bank statements), must reflect 3 months salary
• Latest 3 months official pay slips
• Proof of residence, utility bill or municipality letter not older than 3 months
• Certified original copy of a South African I.D document
• Certified original copy of a South African drivers License

Applications without clear up to date supporting documentation will be terminated without further communication, so please ensure that the step by step process below is followed to ensure the speedy process of your applications.

Qualification of Client

Based on the credit providers affordability test, application and credit scoring criteria, the client will be approved or declined. Notice of this will be sent to the client directly by the service provider as well as to the Ubuntu Connect Business Partner.

Clients listed on ITC may be accepted ( on a rent to own basis), provided they meet the following minimum criteria:

• They must have a clear payment history over the last 3 months
• There Nett Salary must be equal or more than R6500.
• Any ITC listing must be older than 3 months
• They must be able to afford the vehicle repayments
• They must have the applicable deposit available (R12 000 to R 60 000)
• They must not be sequestrated, under administration or under debt review.

Clients that have applied for sequestration, are under administration or are under debt review will be assisted with vehicles on a rent to own basis, however we cannot assist these clients with private vehicle finance, so please focus your time, attention and money on finding quality clients that more than likely will meet the approval criteria.