| Q: | How long does it take to get up and running with an A|R MAX Equity Line of Credit? |
| A: | Our state-of-the-art underwriting system makes it quick and easy to qualify for an A|R MAX Equity Line of Credit–usually within minutes. To get up and running on our system usually takes about 24 hours. If you are currently factoring it may take a little longer, depending on how promptly your factoring company provides National Bankers Trust with a pay-off amount. Once we get the pay-off amount from your factoring company we can usually have you up and running the same day.
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| Q: | How long will it take me to become self-capitalized? |
| A: | It depends on your goals. If you want to grow your business then maximizing your cash-flow is top prioity. You will want to turn your invoices to cash as quickly as possible, maximize savings and steadily grow your business.
When you have achieved your growth goals then getting out of debt and becoming self-capitalized should become your top prioity. Now you should focus on maximizing your rebates through smart cash management and becoming self-capitalized as quickly as possible.
Every situation is different. It all depends on how aggressively you manage your cash, cut costs and drive more savings to your WealthBuilder. However, a goal of 60 months seems to be a typical starting point. In the end, it's all up to you.
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| Q: | If at the end of the day my A|R Max availability is $10,000 and I paid NBT $10 in fees, how much of a rebate will I earn? |
| A: | $7.50 - Your CashManagement Rebate is calculated at ~12 midnight each day and is always 75% of the fee you paid on your A|R MAX availability. Your rebates are posted to your WealthBuilder account and remember, you have instant access to your $10,000 any time day or night.
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| Q: | What happens to the CashManagement Rebates that are posted in my WealthBuilder account? |
| A: | The CashManagement Rebates in your WeathBuilder become available to you (vested) 90 days after being posted. At that time you may request your rebates be transferred to your A|R MAX availability. However, if you elect to leave your rebates in your WealthBuilder you will begin earning a high APY (Annual Percentage Yield) compounded daily. In the example set forth in the question above the vested $7.50 rebate will earn an additional compounding rebate of $0.075 on day one. On day two the vested rebates in your WealthBuilder now total $7.575 ($7.50 + $0.075) and at midnight earns another compounding rebate of $0.07575. On day three the process repeats again. Your vested rebates total of $7.65075 ($7.5757 + $0.07575) earns yet another compound rebate of $0.076075. On day four your vested rebates total $7.7272575 ($7.65075 + $0.0765075) which earns another compound rebate of $0.077272575. This compounding of rebates continues until the balance in your WealthBuilder equals your A|R MAX balance. These compounding rebates are equal to the rate you are paying on your A|R MAX balance. This is how you effortlessly begin to finance yourself.
When your WealthBuilder equals your A|R MAX balance you will have become self capitalized and no longer need our money. Together we have achieved your goal of becoming the bank of you. See the WealthBuilder graph.
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| Q: | How does an A|R MAX Equity Line of Credit compare to a traditional bank loan? |
| A: | First, traditional bank loans take a long time and require lots of paperwork, financial statements and audits to qualify. Even after all that work only ~3%of all cash-flow loans to small trucking companies are approved. In comparison, more than 98% of A|R MAX applicants are APPROVED! That's because we understand the trucking industry and with an active database of over thirty-thousand shippers and brokers we already know the quality of your customers, which is the real credit risk, not you! And, with advance rates of 90% and more there is no comparison between A|R MAX and a traditional bank line of credit.
Oh, and by the way does your bank offer a guaranteed self-capitalization plan with a high APY wealth building program built from fee and interest rebates from the bank? I don't think so! See our WealthBuilder graph.
At National Bankers Trust we specialize in doing one thing, financing trucking companies. We understand trucking and what is important to your success. We know how trucking companies become really successful–by building profitable relationships with their shippers and giving "stand-out" service that separates you from the pack. When your product and prices are about the same your service had better not be! Attentive customer service is the #1 way to get noticed and called back by your high paying customers. For more information on how to supercharge your profits ask for our White Paper: Secrets to Trucking Success.
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| Q: | How long has National Bankers Trust been around? |
| A: | National Bankers Trust was formed in 1995 and is focused exclusively on the trucking industry. With double-digit growth for the past eight consecutive years NBT has become the industry leader servicing small and mid-size trucking company across America. Our continious rapid growth speaks to our superior business products, service, solid financial foundation and secure access to capital markets.
Our Mission: To establish National Bankers Trust as the premier cash-flow and wealth building service provider to trucking company owners across America.
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