Joining Fund My Contract gives your business access to simple, hassle-free coach financing while your clients enjoy fast approvals and flexible payment plans, and our approval thresholds are as low as 600 FICO, allowing clients with a wide range of credit histories to participate in your coaching programs.
Simplified approvals with affordable payments help increase client acceptance rates and make it easier for individuals to enroll in your training or consulting courses.
Our financing services eliminate the need for you to chase overdue payments or manage collections, because Fund My Contract lenders fund enrollments upfront, pay your business immediately, and handle monthly payment collection from clients.
The platform removes concerns about non-paying clients, enabling you to focus on delivering value, and while some coaching professionals attempt to finance clients themselves, for instance splitting $10,000 into three installments of $3,333.33 each, Fund My Contract ensures all enrollments are funded and payments are collected properly.
But our program can reduce that payment to as low as $225 per month, giving your coaching organization a higher closing rate and the ability to sell higher ticket programs to a greater number of prospective clients. Offering more affordable monthly payments makes enrollment much more achievable.
We also help clients avoid the hazards of loan stacking, which occurs when they use multiple credit cards to pay for coaching programs and sometimes open new cards to cover costs, often unknowingly putting themselves at risk of high debt.
Unfortunately, this approach often leads to accumulating credit card balances with high interest rates, leaving clients in a position where repayment becomes nearly impossible and financial stress interferes with their ability to fully engage in your courses.
Fund My Contract payment plans are much easier on clients, featuring low monthly terms, zero prepayment penalties, and fixed payments without hidden fees. By leveraging multiple lenders ready to support your business, you can overcome enrollment challenges, increase high ticket sales, and give more clients access to your coaching and consulting programs.