1. How do I actually go about doing this with Telarus?

Once you make a sale with any of our 40 suppliers, upload the signed paperwork to your Telarus Back Office, and contact your partner support director with your desired payout.

2. Is there a minimum term contract to qualify for this program?

Yes. The minimum customer term contract is 2 years.

3. Can I get paid a regular residual once the contract is renewed at the end of the term?

Yes. Once you produce a signed renewal contract, you will begin earning a regular residual (if that is how you want to be paid). Auto-renewals will not change the payment structure in place.

4. If I take a commission all up-front, will the sale still count towards my President’s Club Reward?

Yes. All revenue you book with Telarus counts towards president’s club, no matter how you choose to be paid.

5. Can I opt for an up-front payment on a customer by customer basis?

Yes. Each new customer (not order) you enter qualifies you for a custom commission payout on that particular customer. For example, you close a $10,000 sale. You can opt for a $20,000 up-front payment on that one account, and continue to sell to more customers with a residual payout model. The compensation on each sale is custom, defaulting to 100% residual each time.

6. What is the payment horizon for large deals?

This program pays out on the commissionable MRC of each provisioned piece of the order. If the entire order provisions all at once, you will receive all of your cash when the first commission is paid to Telarus. If your order installs in pieces, Telarus will pay you the up-front on that individual piece, with the remaining pieces as they install and show up on our commission report.

Once you make a minimum of bronze status, contact your partner support director with the amount you would like to advance.

2. How long does the advance take to fund once it is approved?

Once your request has been approved you will receive the advance, via ACH, within a week.

3. Am I guaranteed to get 10X my monthly residual?

No. Each advance is subject to approval by our finance team. Some things we take into consideration are: current sales growth, book of business, average customer life, number of customers, and other factors that help us determine how much risk we can assume.

4. Can I pay the advance back early without any penalties?

Yes. You do not have to wait to pay the entire advance back early. Just know that the loan begins accruing interest the day you receive the advance, so you’ll be responsible for the both the principle and the accrued interest when you pay the advance back.

5. Do I have to accept the total amount for which I am approved?

No. You may take any amount up to your approved limit, or anything in-between.

6. What is the payback grace period?

Once you take receipt of the advance, no payments are due for an entire year. This is to give you enough time to put the money to work and to grow your business. Once the grace period has expired, we will sum your accrued interest and principle, and begin deducting 1/24th of that number each month for the next two years from your Telarus commission check until the advance is paid off.

7. Does everyone qualify for this program?

Although the program is available to every Telarus partner of Bronze status or higher, each loan is subject to approval on a case by case basis. There is no guarantee that you will qualify for the full 10X, and if you have yet to earn any commission with Telarus you will likewise have to wait until you have commissions until you can be considered for this program.