ProPoints


ProPoints

The ProPoints Rewards Program is a voluntary loyalty/frequency program designed to increase contractor sales.

The program provides rewards including name-brand merchandise and travel awards.  Using state-of-the-art
e-commerce technology, customers will be able to view their point bank and the Award Catalog, as well as their orders online.  The Award Collections include more than 4,000 selections ranging from useful household items to exotic travel programs.

A sample of the award offerings can be accessed through the fmsi-contractorscredit.com website as follows:

  • Click on the ProPoints Rewards icon at the top of the page
  • Login using “guest” and the password “fmsi”

The ProPoints Rewards Program is an optional feature of the ProPower Revolving Business Account.  While Member participation in the Program is encouraged, the decision to participate in the ProPoints Rewards Program is made by each Member.  Participation in the Program allows the Member to either automatically enroll all of the Member’s ProPower customers in the Program or the Member can decide to selectively enroll customers.

ProPoints are accrued for the full purchase price of merchandise purchased and received at participating Wholesalers and charged to the Business Account, and for which payment of the purchase price (principal only) has been made to and received by FMSI.  One (1) point is accrued for each one (1) dollar of payment of principal.  A minimum of 25,000 points is necessary for redemption eligibility.

The cost of the ProPoints Rewards Program for the Member is .005 or a half-cent for each point.  The awards are billed to the Member upon redemption, net of the ProPoint Reserve held back from the transaction fees.  For example, award redemptions of 25,000 points would translate to a cost of $125 to the Member and a minimum purchase from the Member and repayment to FMSI of $25,000.

The ProPoints Rewards Program is another benefit of using the financing products of FMSI and specifically using the ProPower Revolving Business Account.  Give your customer a token of your appreciation and incentive to purchase more from you by enrolling in the ProPoints Rewards Program.


 

 

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