Membership with Fund My Contract gives your business access to streamlined coach financing while your clients enjoy fast approvals and manageable payment plans, and our approval thresholds are as low as 600 FICO, ensuring that credit scores do not prevent client participation in your coaching or consulting programs.
Easier approvals and affordable monthly payments make enrollment simpler and more appealing, which leads to higher acceptance rates and helps more clients access your services.
Our financing options allow you to focus on coaching rather than chasing payments, because Fund My Contract lenders fund enrollments upfront, pay your business directly, and manage monthly collections from clients, ensuring predictable cash flow.
The platform eliminates the concern of non-paying clients, giving you the freedom to deliver your coaching programs, and while some professionals finance clients themselves in multiple installments, such as $10,000 divided into three payments of $3,333.33, Fund My Contract guarantees funding and proper collection for every enrollment.
Our program can reduce what might be a large upfront payment to as low as $225 per month, giving your coaching organization a higher average close rate and enabling you to offer higher ticket programs to a wider audience of prospective clients who might otherwise hesitate.
We also help clients avoid loan stacking, a practice in which individuals use multiple credit cards to pay for coaching programs and may even open new credit lines to meet fees, often without realizing the financial consequences.
Such actions often result in accumulating credit card debt with high interest rates, creating a situation where repayment becomes extremely difficult and clients quickly find themselves struggling with obligations they cannot manage.
Fund My Contract’s financing options are much easier on clients, with low terms, no prepayment penalties, and fixed monthly payments with no hidden fees. By partnering with multiple lenders ready to work with you, your organization can increase enrollment, sell higher ticket programs, and provide clients with a manageable way to access your coaching services.