Boating Credit will provide you with our complete financing technology and management service for a flat fee of $475 per month, plus $75 per funding. NOTE: The $75 fee on each funding should be passed on to the Borrower. With the subscription plan, the fee of $475 will remain the same no matter how many loan fundings you have each month. Furthermore, the subscription is based on a month-to-month agreement that you can cancel at any time. NOTE: Potential Fee: If you submit more than 20 applications in any month, you will be charged $15 per application starting with number 21.
With this option, there are no monthly fees. You only pay a one-time set up fee of $375 to help cover the costs of setting up your financing web site. After that, we will charge you a fee on each closed and funded loan based on the following schedule:
Loan Amounts up to $7499.99 / Our fee will be $375
Loan Amounts of $7500 to $14999.99 / Our fee will be $575
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