Alternative financing for all consumer
and business water ionization units has arrived!

BFS has achieved giving all distributors the option to:

• Finance the total price of any model water ionization unit
• Finance the remaining Enagic payments already made on an existing unit
• Finance only the Enagic financing down payment when financing through Enagic

Sound like a good idea?

The conditions:

You will need to down load to your computer both the calculator and the application first. In the Excel spreadsheet, there are three tabs at the bottom of the page: Consumer 2 & Business.

Consumer 2

• 580 FICO scores or higher
• No active bankruptcy’s, foreclosures, short sales, loan modifications or tax liens
• Must be within the U.S.
• $500 to $15,000 credit limit
• 24 month to 60 month terms
• No early payoff discount program
• Must fulfill entire term of contractual payments and interest
• Proof of income may be required
• Interest from 17.99% to 40% (APR)
• A $150 to $300 processing fee will be assessed on all applications depending on credit
• Three payment residual required at end of term

Business

• 620 FICO scores or above, however, no credit collateral only programs available as well, i.e., property, vehicle, stocks
• Under three years in business, start up rates apply, with good to excellent credit or collateral
• No active bankruptcy’s, foreclosures, loan modifications or tax liens
• Can finance outside U.S.
• $5,000 up to $500mm
• 24 to 84 month terms
• Interest from 6.9% to 48% depending on financial overview

Frequently Asked Questions

Q1: Is there any money to be put down on the transaction?

A: Most approvals require no money down but any money applied will be taken off the total amount and reduce your payments and interest by 30 to 50% per dollar.  (Example putting down $100 will save approximately $140 off total).

Q2: Are credit reports required with every application even if I have good credit?

A: Yes.  In order to keep this program available the lender requires a majority of approved applications.  By applicants pulling their own credit reports prior to submission, this will enables us to review credits and only submit those applications which keep within the guidelines set forth by the lender in order to keep approval ratios high and the program going. (Credit reports can be obtained through http://www.truecredit.co/user/returnUser.jsp?fc_se=headerTab

A full report and one score must accompany all applications prior to submission.  This service is free if cancelled within 7 days)

Q2: How do I get the credit reports and score to BFS?

A: After signing up with True Credit complete the following steps:

1) Click on the Your Credit tab followed by the Credit Reports tab to view your full report.

2) To the right click on the link Printer Friendly Version

3) You can either print and fax or print to your computer and save as a PDF file and email. (Most computers come with PDF reader software.  After initiating a print, in the drop down menu in the print interface menu, select PDF from the selection of printer names and it should save to your computer)

4) With regard to the score, again, simply print and fax or copy to a Word document and email.

5) When faxing be sure the applicant name appears on a cover sheet on both the report and score.

6) When emailing be sure the applicant name and the words Credit Report appear in the subject line prior to emailing

Q3: How long will it take to find out if I am approved?

A: Usually as little as 15 minutes and as long as the next day depending on what time the application is sent in.

Q4: How soon can I get my unit if I’m approved?

A: The unit will be available to be picked up or shipped the day Enagic receives funds from us and is paid in full. About 1 to 4 days.

Q5: Can I change the dollar amount after the approval has been issued?

A: Yes. Just let us know if you wish to decrease or increase the amount. (Amounts $100 over the approval amount will need to be resubmitted)

Q6: How much interest will I pay?

A: That depends on your credit scoring factor. The average payment term amount is 17.99% for terms between 24 and 60 months.

Q7: Can I pay for my unit and be reimbursed?

A: Yes. Once approved, you will receive a check for the full amount.

Q8: Can I go on the Enagic financing plan and then get my unit paid off through your financing?

A: Yes. You can pay the required down payment and then after approval we will pay Enagic in full.

Q9: Is tax included in the payments on the calculator?

A: No. It is below the payment schedule chart and based on a 9.25%. Every state has a different tax and the calculator would be too massive to include all 50 state’s tax rates. Just use the tax we provide and you will find in most cases your payment will be lower than quoted.

Q10: Can I change my mind and cancel if I choose?

A: Yes. By Law you have 3 days to change your mind. After three days the agreement is non-cancellable.

Q11: How do I apply for business financing?

A: Go back to the menu bar on the website and download a commercial financing application in it's entirety.  You must have a business checking account and DBA filing prior to submitting an application for approval.  Upon completion of application, sign, date and fax or email to BFS and be sure to include 3 months business bank statements and a credit report.  (Credit reports can be obtained through http://www.truecredit.co/user/returnUser.jsp?fc_se=headerTab

A full report and one score must accompany all applications prior to submission.)

Final note to distributors:

In an attempt to keep everyone happy and making money within the financing realm, here are a few pointers that need to be understood before the process can be completed:

• Every distributor needs to have and understand the excel calculators and applications before offering financing to any potential applicant
• Applicants must be sold on the possibility that their approval payment may not coincide with what they think they should have or deserve. All payments are at the sole discretion of the lenders.
• All applications must accompany credit reports and scores regardless of assumed or known credit level.  Simply click on link below and have applicant sign up with Trans Union's True Credit at the following site http://www.truecredit.com/user/returnUser.jsp?fc_se=headerTab and send in the entire credit report and the score. After signing up if they cancel after 7 days, the report is free of charge.
• All applications must be clear, legible and complete.
• Credit is run twice a day and approvals and declines will be emailed to the applicant
• For the Consumer 2 and Business programs we will handle all documentation and distributor involvement will not be needed.
• Tax is based on California rates being that they are highest in the nation. Each state will vary. Use the tax rate as an approximation of payment and not an exact amount.
• Units already paid for must show proof of purchase for reimbursement to be received.

We want to increase your bottom line. Please help us help you by keeping our approval ratio as high as possible for benefit of us all! Be well, live good be significant.