New benefits you receive over 3FUND include:
- Eligibility to receive preseason loans for your business
- Higher overall acceptance rates on preseason / in-season loans for your clients
- Taxpayer Loan Costs -> $0 - $1,000 loans @ No Cost to taxpayer --- loans over $1,250+ 36% APR
- December Loyalty Program
- Receive 50% of prep fees before they are funded
- Much more..
Here is a much more detailed explaination of fee breakdowns
Taxpayer Advance Loan Program
Amounts: $250 - $7,000
NO Cost Loan: $250, $500, $1,000
Interest-Based Loans: $1,250 up to $7,000 @ 36% APR up to 60 days vs TPG’s 120
days
Pre-Acks: Available Jan 2
ERO Marketing Fees:
o $34.95 Direct Deposit/Check (in-season)
o $0.00 if loaded on a Faster Money Card (in-season)
o $75.00 Pre-Ack/All Disbursements (DD, Check, FMC)
In-Season Fee Advantage Requirements:
o Available 1st day of IRS Ack
o Receive 50% of prep fees up to $300 per TP
o $4 per fee advance (lowest cost in the industry)
o Prior Year bank funding history of 15 funded fed RT’s ($2,001+ in fees earned)
December Loyalty Program
o Part of the Pre-Season ERO Loan Program
o Starts Dec 1st
o Max amount of $500 loaded on the Faster Money Visa Prepaid Card
o *can use this same card to get the TP Advance Loan, and RT Funding
ERO Loans (loan for your tax business)
Pre-Season Start Up Requirements:
o Starts Oct 17th
o Prior Year bank funding history of 51> funded fed RT’s/$10k in fees earned
o At least 80% funding percentage
o 1.9% per $1,000 per month until repaid
o Funds sent ACH once accepted
