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 you 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 you 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.

Question: Do you provide funding to sports agents on their commissions?

Answer: This is generally not a product that meets our guidelines, but we will look at it on a case-by-case basis.  

Specific League Q&A

NBA

Question: Do you provide funding to players with two-way NBA contracts?   

Answer: Yes. 

Question: Do you provide funding to G-League players?   

Answer: Yes, but we only provide funding to players who play for the G-League Ignite team. G-League players who play for other teams can contact us, but we will look at possible funding transactions on a case-by-case basis.

MLS

Question: Do you provide funding to MLS players with Homegrown contracts?   

Answer: Yes, we would look at it on a case-by-case basis. 

Question: Do you provide funding to MLS players with Designated Player contracts?   

Answer: Yes, we would look at it on a case-by-case basis.

Question: Can you provide funding to foreign or international MLS players? 

Answer: Yes, we would provide funding to non-U.S. citizen MLS players.

MLB

Question: Can you provide funding to foreign or international MLB players? 

Answer: Yes, we would provide funding to foreign or international MLB players.

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.