As a Fund My Contract member you get to enjoy the benefits of hassle-free coach financing options while your clients enjoy the benefits of our easy approvals and payment plans. Our approval thresholds are as low as 600 FICO, so credit scores are not a problem for your clients.
Easier approvals mean higher approval rates with affordable payments, all of which make it easier for your clients to enroll in your training course or consulting program.
Our financing options make it easier for you to be a coach or consultant. Not a collections agent. The days of chasing after clients for overdue invoices or bounced credit card payments are over. Fund My Contract Lenders will fund your enrollments, pay you upfront, and collect payments from your clients every month. Gone are the days of cash flow issues brought on by coaching clients in arrears on their installments.
The Fund My Contract financing solution takes away the worry of non-paying customers so you can focus on providing value to your clientele. Many coaching professionals will offer to finance clients themselves at payments divided into two or three, even six installments. For instance, $10,000 would be financed into three payments of $3333.33 a piece.
But our program can make that payment as low as $225 a month instead. By offering a more affordable payment option, your coaching organization has a much higher closing average and you can sell higher ticket programs to more prospective clients.
Our services can also help your clients avoid the detrimental impact of loan stacking. Many training and consultation clients will turn to credit cards in order to pay the fees for their coaching courses. Some of them might even open new cards to cover these costs.
Unfortunately, this practice will often lead to high credit card debt brought on by one astronomical interest rate after another and, before long, your clients are drowning in debt they can never pay off.
But Fund My Contract payment plans are easier on your clients with low terms, zero prepayment penalties, and fixed monthly payments with no hidden fees or surprises. You can finally overcome the challenge of growing your business by offering finance programs from multiple lenders who are ready to help you enroll more clients into your coaching and consulting classes.