Get your business enrolled today, and start making more sales tomorrow!

Credit Technologies was built on the premise that the Borrower should be responsible for paying a fee when using our service to find financing. However, some Merchants would prefer paying all the fees. As a result, we set up our enrollment plans to offer both solutions. 

With this plan, we charge the Applicant/Borrower a fee on each loan that is funded. The fee is always financed, and it will always be paid to your business along with your fee when you are funded. After we verify you have been paid, we will invoice you for our fee. The fee schedule is as follows:

• Loan amounts up to $7499.99 / Our fee is $375.
• Loan amounts of $7500 and up / Our fee is 5% of the amount financed. 

PLEASE NOTE: To eliminate Merchants from just running applications in order to get credit reports through Credit Technologies but then never close loans that we would get paid on, we follow this plan. At the end of each month, we calculate the number of applications you have run in that month and multiply it times $15 per application. But then if you had loan closings that we were paid on that gross more than what your cost would have been for credit reports, we will not invoice you. But if your credit report costs are more than we collected in loan funding fees, we will invoice you for the difference. For example: If you had 10 applications at $15 each in a month and one loan that funded that we were paid on (i.e. $375), you would not be charged for the credit reports. On the other hand, if you ran the 10 applications with no closing, we would invoice you $150 for that month. 

With this plan, you can still charge the Applicant the fee as shown above, or you can waive some or all of the fee. But on this subscription plan, you will keep the fee if you charge it. Here are the terms of the subscription plan. 

• The monthly fee we charge for the subscription is $475. 
• The term of the agreement is month-to-month, and you can cancel at any time.
• On top of the monthly fee, we charge you $75 per funding. 
• You are only charged $15 per application if you submit more than 20 applications in a month and you have no fundings that we get paid $75 on.

PLEASE NOTE: The benefit of this program is it can actually pay you to use it. Here is how. If you use our application format and show our fee to each Applicant/Borrower when they apply, you will get to keep all but $75 of our fee when the loan is funded. That would mean you earn an extra $300 per funding as a minimum. Just close two transaction a month, and you are earning extra money using the service instead of it being a cost.