Reference no: EM133205234
Scenario
Entry Finance has recently launched the following campaigns for their products and services:
Boost Home Loan
The Boost Home Loan is a low rate home loan that allows customers to boost their savings, build their equity and own their own home sooner.
- Initial rate 1.85%
- Rollover rate 2.25
- Comparison rate 2.21%
- Max LVR 70%
Features
Offset available for 0.12% ^
No monthly fees
Unlimited free redraws
Equipment Finance
Getting the right equipment is an important step when starting a business. An equipment upgrade is also ideal when you want to increase your business' capacity. We can help you acquire, rent or lease the equipment you need to grow your business.
Access finance within 24 hours. No asset security required. Min 6+ months in business. No hidden fees, no hassle. ABN or ACN required. Xero preferred partner. GST Registration required.
Task 1
Resources
- Learner Guide
- The scenario in this case study
- Computer, internet
- Entry Finance website www.entryfinance.com.au
Student instructions
Watch each of the scenarios attached to this assignment and complete the following tasks. You may read the below script for reference.
Client 1 - James
"Hi, I'm calling to enquire about home loans. I'm looking at buying a property in the suburbs with my wife and I'm not sure what options there are. I work full time at the moment, and she's self employed. I've got a deposit of $60,000. Can you tell me a little bit about the home loans that you offer?"
2. Client 2 - Bill
"Hi I'm looking for finance for my business. I noticed that you offer equipment finance. Can you tell me a little about how it all works? What information do I need to provide? What documentation do I need to provide? I'm keen to get something soon. I'm also thinking of refinancing my home. So I need a couple recommendations for home loans."
c) In the space below, writee a follow up email to the first client. Ensure you include all documentation and information according to organisational policies and procedures and legislative and regulatory requirements: