Union of Credit: Schedule of Fees and Financial Commitments

Overview: This fee schedule outlines the financial commitments associated with engaging in Union of Credit’s cooperative, funding, and service opportunities. The fees support access to lines of credit, lead generation, new client acquisition, cooperative membership, and specialized gap services. Each cost is designed to ensure applicants receive high-value opportunities while maintaining operational sustainability.

1. Line of Credit Services:

• Setup and Documentation Fees: $2,500 - $5,000 (based on credit line amount and complexity).
• Annual Membership Maintenance: $1,000/year.
• Performance Fee: 1% of the approved credit line, payable upon funding approval.

2. Lead Generation and New Client Acquisition:

• Lead Package Options:
  • Basic Package: $500/month (up to 50 leads).
  • Advanced Package: $1,000/month (up to 100 leads).
  • Premium Package: $2,500/month (customized lead targeting and outreach).
• Commission Split: 50/50 on revenue generated from referred leads.

3. Cooperative Membership Fees:

• Initial Membership Fee: $3,000 (includes onboarding, training, and access to cooperative resources).
• Monthly Maintenance Fee: $500 (covers ongoing access to tools, training, and administrative support).

4. Soft Costs (Administrative and Processing Fees):

• Application Review Fee: $250 (non-refundable).
• Document Preparation Fee: $1,500 (covers executive summaries, pro formas, and underwriting support).
• Pre-Approval Commitment Fee: $1,000 (applied toward final costs if funding is secured).

5. Hard Costs (Specific to Project Needs):

• Appraisal and Valuation Fees: $2,000 - $5,000 (based on property type and location).
• Due Diligence Costs: $3,000 - $7,500 (includes background checks, risk assessments, and feasibility studies).
• Legal and Compliance Fees: $2,500 - $10,000 (dependent on project complexity).

6. Gap Services (Optional):

• Credit Partner Services:
  • Initial Commitment Fee: $5,000 (for leveraging partner credit to secure funding).
  • Success Fee: 1.5% of funded amount.
• Experience Partner Services:
  • Retainer Fee: $3,500 (to leverage partner expertise in deal structuring).
  • Equity Participation: Negotiable (based on project scale and partnership terms).
• Down Payment Partner Services:
  • Contribution Fee: $10,000 (to cover partner’s upfront investment).
  • Return on Investment (ROI): Based on project-specific terms, usually 20%-30% ROI upon completion.

Key Notes:

1. Fees are subject to adjustments based on project complexity, location, and specific partnership terms.
2. All financial commitments will be detailed in the formal offer provided after the preliminary call.
3. Applicants must demonstrate financial readiness to engage in cooperative services and gap services, ensuring alignment with Union of Credit’s standards and requirements.

Next Steps: Following the acceptance of your preliminary offer, a detailed agreement will be drafted, specifying the fees relevant to your engagement. This will include timelines, payment terms, and potential returns based on project success.

For questions or additional clarification regarding this schedule, please contact your Union of Credit representative directly.