COMPENSATION PROGRAM

What do I need to qualify for the compensation program?

  • 725+ credit score. Revolving balances below 60% of credit limit
  • At least 4 "open" & "seasoned" primary credit cards
  • No more than 4 inquiries per bureau within the last 90 days
  • Any prior bankruptcies must be over 5 years old
  • Collections, judgments, and late Payments must be over 24 months

How does the compensation program process work?

After your free consultation, the client must provides a copy of  their current credit report or credit login to the underwriting department in order to determine eligibility to be a credit partner/CFO. Once approved, a conference call is set up to discuss program details and logistics. Upon agreement, application, and signing of contracts, we then place the client on another conference call with business owner to understand discuss their business and  projected plan for funding. This discussion will cover their reasoning for funding and how they intend to pay back the loan. Once agreed upon and questions are answered,  an attorney written agreement will be drawn up with both the business owner and CFO (the client). This is a binding 12 month agreement. Once complete it will take up to 2 weeks for the newly designated CFO to be placed on the company's board of directors. Once this is complete, the company will apply for funding (this will take an additional 2 weeks). There will be 3 to 4 rounds of funding throughout the 12 month period. CFO will be compensated 8% for every round of funding. Each round will be at a minimum of $200,000.

How soon do I get paid upon signing up as a credit partner/CFO?

It takes about 30-45 days for funding to fully process. Once this happens your payment will be wired to your elected account within 24-48 business hours.

What are the risk involved in becoming a credit partner/CFO?

As a credit partner, you will be signing onto to a chosen company as a designated CFO in order to leverage your credit to fund the business owner’s company. This means the client is held responsible if the loan was to default within the contracted 12 months. However, we make sure every business owner we provide is thoroughly vetted, and has a proven track record of fair and good business practices. In addition, the business owners are required to keep 4 to 6 months of payments placed in a reserve account through the duration of the contracted 12 month period. The CFO will have access to this account in order to monitor and ensure loan payments are being made on time and full. This helps to ensure protection.

How will this affect my personal credit?

It doesn't. New accounts or debt will never post on the CFO's personal credit report at any time. The only thing that will show on their personal credit is the initial inquiry, which our company provides a removal service of this upon funding. Becoming a credit partner through this program will not affect your ability to make future financial decisions for yourself such as purchasing a home or new vehicle. The only time your personal credit will become vulnerable is if the business loan goes into default.

How long does it take before I am removed as a credit partner?

After the 12 month contract the CFO can immediately remove themselves from the company. The CFO will also be given the opportunity to opt in to staying on for additional time in exchange for the continued 8% commission from future funding.  

FUNDING SOLUTIONS

What do I need to qualify for funding?

  • 700+ Credit Score
  • Revolving balances below 60% of credit limit
  • At least 4 "open" & "seasoned" primary credit cards
  • No more than 4 inquiries per bureau within the last 90 days
  • Any prior bankruptcies must be over 5 years old
  • Collections, judgments, or late payments must be over 12 months

Is this business or personal funding?

It can be for either. We offer funding options for those looking to utilize funding for their business, as well as offer personal funding. We also have resources for individuals who would like consultation on how to invest their funding into profitable business ventures. 

How will the loans be paid out?

The funding process will involve payment in the form of cash, lines of credit, and credit cards. Liquidation options are also made available for those in need of cash advances without the high interest rates. 

What are the interest rates?

The loans will have interest rates depending on your credit and the marketplace between 8-15%.

How long does it take to receive funding?

Payout of funding can take up to 7 business days.   

CREDIT RESTORATION

Are you able to remove public records?

We can guarantee the removal of any closed/inactive accounts. If the accounts are still open we are able to work with the client to get these items removed, but it is more difficult and can take longer. 

How long does the removal process take?

Every file is different, but in general it can take anywhere from 1 to 6 months dependent upon the cooperation of the client and the details of their file. 

What is the limit on how many items can be removed?

We can remove up to 15 items off of your report. 

How will I know when my credit report has changed?

You will be notified of any changes as they are made. The intention is to keep active clients updated on a 2 week basis with progress information. 

AFFILIATE MARKETING

How do I become a affiliate partner?

You can sign up to become a member through the online portal. Once your application is received you will be vetted to ensure you fully understand the programs offered. Upon approval you can begin working with us an affiliate. 

How much will I make?

This is dependent upon the volume of qualified candidates you provide. One client- $1,000, Two clients- $1500, Three clients or more-$2500.

How will my affiliate work be tracked?

You will be provided a unique link as well as signup code to provide your candidates. This will ensure all affiliate referrals receive credit for all individuals that come through any of our programs on their behalf. 

How long does it take for me to get paid?

Within 24-48 hours upon funding of the individual's program (30-45 days).