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FAQ on Professional Athlete Funding
August 1, 2022
FAQ on Professional Athlete Funding

FAQ on Professional Athlete Funding

FAQ on Professional Athlete Funding. Here are common questions we get and our answers.

Question: Do you provide contract advance funding to college and professional sports coaches?

Answer: Yes, Balanced Bridge can provide contract advance funding to coaches at the collegiate and professional levels.

Question: Are you limited to certain sports where you can provide funding to professional athletes or coaches?

Answer: We can provide funding to NHL, MLB, MLS, NBA, WNBA, FIBA, FIFA, and NFL professional athletes and coaches.

Question: What is the minimum amount of funding you can provide to professional athletes?

Answer: Generally, our minimum advance is $25,000; however, smaller advances are considered on a case-by-case basis.

Question: What is the maximum amount of funding you can provide to professional athletes or coaches?

Answer: The maximum advance to an athlete or coach we have provided to date has been $5 million. The maximum advance is always tied to the individual’s current or future contract. 

Question: How fast can we provide funding?

Answer: We can provide funding within 24 hours upon receiving all required documentation.

Question: Are you a broker or direct funder to professional athletes?

Answer: Balanced Bridge is a direct funder. We underwrite and originate all advances in-house. Separately, we also have relationships with numerous banks across the country which allow us to provide the athletes and coaches with lower-cost financing based on their unique contract situations.

Question: Do we work with financial advisors, business managers, player representatives, or attorneys?

Answer: Yes. Anyone within the professional athletes’ inner circle. Rarely do we work with professional athletes directly by themselves.

Balanced Bridge provides advances for professional athletes.

If you’re a professional athlete or representative of a professional athlete and are interested in learning more information about our advances, feel free to contact us at info@balancedbridge.com or call us at 267-457-4540. If you are interested in funding today, complete our application

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Why Wait?

When you need money to pay the bills, see a doctor, grow your firm, or cover case cost expenses, the last thing you want to hear is “wait.” We offer a range of customized funding solutions so you never have to wait.