Net Branch
What will it cost to get started?

 

Setting up a Net Branch doesn’t have to take months, or even weeks.  And, it doesn’t have to cost you more than $90 in fixed costs a month.  If you have the following items, you can be up and originating loans in one day.  Print this page and check off the items in the table below that you currently have.  For those items you don’t have, a range of estimated costs and timeframes is provided.

 

Monthly Costs

$ Range

Time

Office (home or commercial)

$0 - $5,000

0 days – 1 month

Copier

$25 - $100

0 days – 1 month

Phone - Voice

$25 - $100

0 days – 1 month

Phone - Fax

$10 - $100

0 days – 1 month

Phone - Data (high speed)

$26.95 - $250

0 days – 1 month

Total

$86.95-$5,550

0 days – 1 month




 

One Time Costs

$ Range

Time

Phone System

$75 - $2,500

0 days – 1 month

PC

$0 - $5,000

0 – 7 days

Printer

$0 - $1,200

0 – 7 days

Loan Origination Software

$0 - $1,500

0 – 3 days

Furniture

$0 - $????

0 days – 3 months

Total

$75-$????

0 days – 3 months

 

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