Calculate Additional Revenue

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Instructions: Fill out the fields listed under "Your Numbers Now". Make sure to use only whole numbers. Do not worry if your figures are not exact, this worksheet is merely intended to give one a general idea of the potential revenue you can earn using the PAC. Make sure to visit the Pre-Authorized Checking page to learn more about this exciting service.

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Pre-Authorized Checking Average Business
Without PAC
Average Business
Using PAC
Enter Your
Numbers Now
Number of Outstanding Accounts Annually 100 100
Average Outstanding Balance $250 $250
Total Amount of Money Left Outstanding Annually $25,000 $25,000  
Percentage of Outstanding Money Never Collected 40% 2% %
Annual Lost Revenue from Non-Collected Accounts $10,000 $500  
Additional Revenue Collected Annually on Outstanding Accounts Due To PAC   $9,500  

Number of Customers Rejected Annually that Cannot Pay Who Would Have Qualified Using PAC

52 N/A
Average Amount of Money Billed to Each New Customer $400 $400
Annual Revenue Lost Due to Rejected Customers Because of Credit Risk $20,800 N/A  
Additional Revenue From Credit Risk Customers Annually using PAC $20,800  
Total Combined Income From PAC Annually (Revenue Collected + Credit Risk Revenue) $30,300