The BPO
BizTrick also operates as a BPO for financial institutions, real estate companies and their associates with well trained telecallers for generating quality prospects. Our advice to you is -
“Be with BizTrick.
Forget about Prospects.
Just do the rest”.
We take care of lead generation and follow up with the client and also help our LP (Location Partner) to provide new avenues of finance through our robust network across banking & property sector.
BizTrick drives traffic by cold-calling the business clients. Interest is generated among the clients as the telecallers brief them about our offering and various schemes run from financiers. Clients are sorted out on the phone, before treating them as a qualifying lead and then, they are forwarded to our location partner (LP) i.e. the local DSA. This help the partner making process much more efficient and effective. BizTrick also follows up with the customer, in coordination with the LP and let the LP know about the latest status.
We work with a clear cut mandate and with 100% transparency, the model for that is specified below -Business Model, at a Glance -
BizTrick (BT) finalises the Location Partner (LP), i.e. the selected DSA.
BT and LP gets into an agreement (an MoU), which states all the Terms and Conditions such as Banks & Portfolios associated with BizTrick, Bank & Portfolios associated with the LP, payment matters, banking process, sharing patterns, penalty clauses, sharing of resources etc.
BT generally claims One-Third of the incentive, in case DSA does not need any training, guidance, handholding or extra portfolio from BT; but in case it does, BT charges half of the incentive.
- BT takes care of the lead generation, pipeline building, training, associationship with the bankers and case followups.
LP takes care of field job, such as meeting with customer, maintaining relationship with the banker and customer, providing market feedback, providing client feedback, performing documentation, fee negotiation with the client etc.
BT and LP generally do not charge from the customer but in exceptional cases it may be allowed.
BT and LP must share all the details with eachother at every point in time about bankers, customers or further associationships.
BT and LP both would be entitled to penalty clauses, in case they are found to violate the T&Cs of agreement.
Penalty clauses generally hold firm in case any of the parties (BT or LP) are found to share the leads and details of mutually and exclusively shared client with the third party with one another's written consent.
LP is provided an exclusive Email Account from BT for formal communication. Communication done thorugh only these EMail Ids hold true in the court of law.
BT and LP share the incentive within a mutually shared time frame on case to case basis. Generally the time period is around three to six weeks.
Terms & Conditions of the Agreement, which the DSAs should know before applying -
BizTrick guarantees at least two to five genuine and qualified leads per week for the partner DSA.
There is no fee at the time of agreement.
BizTrick will charge One-Third (33.33%) of the Incentive Earned per case.
Credit Period will be maximum of 15 days per case.
BizTrick will take care of the followups with the client primarily.
DSA will have an option to treat the lead for the bank(s)/ NBFC(s) with which it is associated directly or which are recommended by BizTrick.
DSA will not be allowed to share this lead anyone else, but if found doing so will be charged 5% of the Loan Amount within 5 working days of getting the information irrespective of whether the case has been disbursed or not.
It will also stand terminated & disqualified for any future relationship with BizTrick.
- This
information/ news will be published across all the local leading
dailies.