Frequently Asked Questions
What is Fundwise Partners?
In order to understand how Fundwise Partners works, it's best to check out our partner site, Fundwise Capital. Fundwise Capital is a funding advisory firm for entrepreneurs in any industry looking to start or grow their businesses. We help them find and secure the best funding possible.
Working as an Affiliate for Fundwise Partners is a prime business opportunity. Your job is to simply find individuals who need money to grow their businesses, and refer them to Fundwise Capital. From there, Fundwise Capital will walk the client through the funding process, and then we'll pay you for every client that receives funding. Take a look at our About Us page to learn more about Fundwise Partners and the incredible business opportunity it is.
How much does the average Affiliate make at Fundwise Partners?
On average each Affiliate is making $1,000 per funded deal.
How long will it take for me to get paid?
Once your referral receives funding, you will be paid the following Friday.
Are there any fees required for me to be set up as an Affliate?
Yes, there is a monthly fee required to be an Affiliate see pricing tab.
What is Fundwise Capital's criteria for approving clients?
Clients need to have a credit score of 650 or higher, or have a co-signer with a credit score of 650 or higher. We recommend our clients use www.seeyourscore.com to view their credit scores (it's regarded as the most accurate and conclusive credit report site).
What if I have a potential referral with a credit score below 650?
We advise anyone trying to improve their personal credit score to go to 720fico.com. At 720fico, clients receive step-by-step instructions and advice on how to repair and boost their credit score. We've seen clients boost their score by as much as 92 points in two weeks with this service.
Additionally, individuals have the option to co-sign with someone who does have a credit score over 650 and who is willing to go through the funding process for them.
How long does it take for someone to secure funding?
Clients are pre-approved for funding within 24 hours of signing up. The time it takes to actually receive funding can vary, but clients typically receive their capital in 14-21 days.
What kind of interest rates can clients expect?
We help clients get 0-15% interest rates for the first 9-15 months on credit loans, and some can even get 0% interest rates for their first 24 months. We'll find clients the best rates they qualify for, guaranteed.
What differentiates Fundwise Capital from its competitors?
Very few companies offer the services Fundwise Capital provides in helping clients obtain unsecured credit lines at 0% interest. Additionally, other companies in the country that provide funding do not qualify clients for the 0% unsecured credit lines the way Fundwise Capital does. This process requires daily extensive research to know which lenders and credit lines are best for which clients. Take a look at our third party reviews on Google, Facebook, and TrustPilot to read about our clients' experiences.
Can I be on the phone call while my referral is being set up for funding?
Unfortunately, we don't allow Affiliates to be present during funding calls. In our earlier days, we let Affiliates to be on calls as we talked with clients, and it resulted in negative experiences. Focus on referring clients to your customized Fundwise Capital landing page, and we'll handle the rest.
Can I create my own team of referral agents?
Yes, this is possible. Click here to learn more.
Do you provide the leads for us?
We do not. The responsibility lies on you to find and refer potential clients. However, upon joining us, we will provide the tools and training necessary to provide leads. You can also enter your information here to access three explanatory videos about how we will set you up for success.
How do I build out my network? How long will it take to do so?
There are various ways to build a network, including entering into online forums or groups for entrepreneurs and small business owners, house flippers, or startup companies. You can also try to find these groups in your local community with Meetup.com.
When you join the Affiliate program, we'll give you access to our training tools to help you generate as many leads as you can. You can also enter in your information here to access more information about the program and to have a representative reach out to you.
We can't give you a timeframe of how long it takes to make your own network, as it varies greatly from person to person. It's ideal for you to already have contacts who need funding. Ultimately, the time it takes to build your network depends on your ability to network with and reach out to people.
Will this replace my full-time job?
Working as an Affiliate is not a 40-hour work week with a W-2 pay stub. You're working as an independent referrer, and there's no base pay because you're paid entirely on commissions.
You can devote a full-time work schedule towards networking as an Affiliate. The sky's the limit for your paycheck; it all comes down to how much time you want to spend on it.
What sort of marketing materials do you offer?
We'll provide you with a custom landing page (where you can refer all your clients to sign up), a personalized Fundwise Email, the Fundwise business card template, email templates, and flyer templates.
Still have questions? You can enter your contact information here to access three videos that will explain the partner process further. We'll also have a representative reach out to you within 24 hours. If you think you'd be a good fit for us, we'd love for you to sign up today. Again, we encourage you to take a look at our third party reviews on Google, Facebook, and TrustPilot to read about our clients' experiences with Fundwise Capital.