As a Fund My Contract member, you gain the advantage of simple, hassle-free coach financing options while your clients benefit from our fast approvals and flexible payment plans, and our approval thresholds are as low as 600 FICO, meaning that clients with a wide range of credit histories can participate in your coaching or consulting programs without concern.
The easier approval process results in higher acceptance rates, combined with affordable monthly payments, making it simpler for your clients to enroll in your training courses or consulting programs without hesitation or stress.
Our financing solutions let you focus on being a coach or consultant rather than a collections agent, because Fund My Contract lenders fund your enrollments upfront, pay you immediately, and handle monthly payment collections from your clients, eliminating cash flow interruptions and the need to chase late or missed payments.
The Fund My Contract platform removes the worry of non-paying customers, letting you dedicate your time to providing value, and while some coaching professionals attempt to finance clients themselves by breaking a course fee into two, three, or even six installments, for example, $10,000 divided into three payments of $3,333.33 each, our system guarantees funding and proper collections for every enrollment.
But with our program, that same payment can be reduced to as low as $225 a month, giving your coaching organization a significantly higher closing average and allowing you to sell higher ticket programs to a larger number of prospective clients. By offering a more accessible and manageable payment option, you make it easier for clients to commit to your training courses or consulting programs.
Our services also help your clients avoid the negative consequences of loan stacking, which occurs when individuals rely on multiple credit cards to cover the costs of coaching programs. Many clients may even open new cards to finance their education or training, not realizing the long-term impact this can have on their financial health.
This practice often leads to mounting credit card debt, with high interest rates compounding one after another, and before long, clients can find themselves overwhelmed with obligations they cannot realistically pay off, causing financial stress and limiting their ability to focus on learning or personal growth.
Fund My Contract payment plans are designed to be easier on your clients, with low monthly terms, zero prepayment penalties, and fixed payments with no hidden fees or surprises. By partnering with multiple lenders through our program, your business can finally overcome the obstacles to growth and enroll more clients into coaching and consulting programs with confidence.