What rates and terms can my clients expect?

For our direct funding solution rates start as low as 5.99%. Payback terms are up to 60 months, depending on your customer's credit profile. Rates are fixed, not variable like a credit card, saving your customers money. Loans can be paid off anytime with zero penalties.

How much does it cost me as a consultant, coach, or digital product creator to offer financing for my product or service?

There is an initial set up fee of $695 and $49.95 per month for hosting and security, it includes your own custom branded website to offer financing to your clients and a back office dashboard for lead and funding process tracking 24/7. You have no fees for financing any product or service.

How long does it take to have my website live after I enroll?

The onboarding process typically takes three business days to set up your website and back office. We will need from you is your logo (which we will get from you via email after you enroll) which will be put on your custom financing page.

Am I responsible if a client defaults on their loan?

No, the lenders are 100% responsible for the loan and collecting the monthly payments, not you. Once you receive your money (within 48-72 hours), it is yours.

I have an online course for $1,000. Can I still use Legacy Funding Solutions to offer financing to my customers so they can afford to purchase my course?

Yes. Legacy Funding Solutions offers funding options for loans ranging from $1,000.00 - $100,000.00.

Do my clients need perfect credit?

Ultimately there isn't an exact way to determine if someone will be approved or not based on credit score alone. The various lenders we work with have their own criteria. However, collectively, they all look at:

- Credit score
- Debt to income ratio
- Employment history

From there they look at the amount requested, their location (some lenders only work in specific states), and many other factors.

Given the diverse lender relationships across our network, we partner with lenders that provide financing to consumers with very challenged, good, and great credit to help you enroll more clients.