COMMISSION LINE OF CREDIT

The first commission line of credit, built for real estate professionals

Get the capital you need for financial continuity and business growth. Draw up to 75% of a pending commission up to 60 days early for as little as 3% for 30 days.

Access your commission
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Trusted by thousands of agents at companies like

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  • Bond Logo
  • Douglas Elliman Logo
  • Leading RE Logo
  • Anywhere Logo
  • Sotheby's logo
  • Coldwell Banker Logo
  • Era Logo
  • Corcoran Logo
  • Century 21 Logo
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  • JPAR Logo
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Our Product

Why agents choose Tongo

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Better Access to Capital

· Draw up to 75% of commissions up to 60 days early
· Almost instant access to funds
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Lower Rates

·Industry leading rates as low as 3% for 30 days
·Reduce reliance on high interest credit cards.
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Fast and Flexible

- Minimal documentation
- Reduce reliance on high interest credit cards.
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Fast and Flexible

· Minimal Documentation
· Reduce reliance on high interest credit cards.
Get Started

tongo reviews

Here's what Tongo members have to say

With Tongo, paying agent commissions is the easiest it’s even been. Plus, with Tongo, we feel confident that our agent data is kept private and secure.
Since offering the Tongo Benefits platform, we’ve seen agents grow their businesses with more confidence and use advances from their commission lines of credit to fuel growth.
Frequently asked questions
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What happens if a deal delays or falls through?

Your Tongo balance is due in full when your deal is closed. If a deal closing is delayed, the due date adjusts accordingly. If a deal falls through, your next deal will be your replacement deal, and the Tongo balance is paid in full when your replacement deal closes.

What types of deals Tongo accept?

Residential sales transactions that are scheduled to close within 60 days are eligible for a Tongo commission-backed line of credit.  Residential leases are also eligible for a Tongo commission-backed line of credit.

Does Tongo impacts my credit?

When you apply for Tongo, we may perform a soft credit inquiry which has no impact on your credit score. Unlike hard credit inquiries, soft credit inquiries, also known as soft credit pulls or soft credit checks, are reviews of your credit report that do not affect your credit score.

Does my broker need to sign off?

For qualified agents, Tongo does not require broker approval.

How does the Tongo card work?

The Tongo card lets you conveniently make purchases with your approved line of credit limit anywhere Visa is accepted. You’re not required to use it and can always simply transfer funds instantly to a linked bank account.

Is Tongo a loan?

No. Tongo is not a loan or a credit product. A commission-backed line of credit is Tongo purchasing a future commission with the promise of repayment for a reasonable fee. Factoring can help businesses improve their short-term cash needs by selling their receivables in return for an injection of cash from the factoring company.

Think your brokerage should offer Tongo?

Let us know and we'll handle the rest by connecting with your brokerage
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