FAQ
How the DockFi partnership works, what’s required from your team, and how it benefits your business and your clients.
How do we get paid?
Through recurring partner revenue tied to active referred borrowers, based on the partner schedule and reporting.
Are we becoming a lender?
Do we take credit risk or balance sheet exposure?
Does this add operational work for our team?
What other benefits do we get besides revenue?
What do you need from us to be a partner?
What types of clients are a fit?
How do we introduce clients?
Will DockFi communicate with our clients in a way that undermines our relationship?
Can we pilot this with a few clients first?
Do you share my data?
Do I need to give up my lien rights?
What happens operationally if a borrower defaults?
How is this different from factoring or merchant cash advances (MCAs)?
What is the first step to explore partnership?