FAQ
Frequently Asked Questions
What is coach financing?
Coach Financing is a multi-lender solution that allows coaches, consultants, course creators, and training providers to offer flexible monthly payment options through a single application. Designed specifically for high-ticket programs, it bridges the gap between premium investment costs and client budgets by providing access to top-tier lender networks while ensuring businesses receive 100% upfront ACH payouts.
Who is coach financing built for?
Coach Financing is built for businesses selling high-ticket educational, consulting, and transformation programs, including business coaches, life coaches, masterminds, retreats, online course creators, and certification providers. It provides a seamless way to integrate payment flexibility into high-value professional services without turning your business into a traditional bank.
How does offering financing help coaches enroll more clients?
Offering financing helps coaches enroll more clients by eliminating price friction, reducing upfront sticker shock, and giving qualified prospects a manageable monthly payment path. Instead of losing sales when a prospect loves your program but hesitates at the total upfront investment, financing offers an immediate alternative to close the deal.
Do coaches and consultants get paid upfront?
Yes, traditional Coach Financing loans deliver 100% upfront payouts to the business within 48 to 72 hours of funding. This ensures you maintain strong, steady cash flow and never have to collect or chase down monthly installment payments from clients over the duration of your program.
Am I responsible if a client defaults on their loan?
No, loans issued through traditional Coach Financing are 100% non-recourse, meaning you carry zero liability if a client defaults. Our lending partners assume full responsibility for collecting monthly payments, and there are zero chargebacks once you receive your loan proceeds.
How much does Coach Financing cost for the merchant?
Coach Financing keeps merchant pricing simple with a transparent funding fee of 3.9% or 4.9% per funded loan. This fee covers lender access, API integrations, credit checks, real-time portal reporting, and underwriting risk. You are only charged after you have successfully received your program funds.
Do clients need a perfect credit score to obtain financing?
No, clients do not need perfect credit to obtain financing. Our multi-lender network evaluates credit score, debt-to-income ratio, and income history to approve clients across challenged, fair, and prime credit profiles.
Will applying for financing impact my client’s credit score?
No, applying for initial pre-screening does not impact your client’s credit score. Many financing options utilize a soft credit pull to evaluate eligibility and match options, which has zero effect on credit scores. A hard credit inquiry is only performed later if the client officially selects and accepts a specific lender’s loan offer.
How fast do clients receive an approval decision?
Coach Financing provides instant automated decisions in just minutes. Our rapid approval engine allows you to complete enrollment conversations in real time during sales calls, keeping momentum strong without making prospective clients wait days for an answer.
What program price points and loan amounts can be financed?
Coach Financing supports program pricing ranging from $1,000 online courses up to $100,000 high-ticket masterminds, retreats, and consulting packages.
What geographic locations are supported?
Coach Financing works with coaching and consulting businesses based anywhere in the world, provided their clients reside in the United States or Canada. Lending partners currently issue funding for U.S. and Canadian consumer applicants.
How long does onboarding take after I enroll?
Going live typically takes just 1 to 2 business days after enrolling into coach financing. Once your custom landing page and real-time tracking dashboard are active, you can begin offering financing immediately, complete with an optional orientation call and ongoing account support.