The traditional banking system was designed for salaried professionals, overlooking the self-employed economy which represents 36 million professionals and will soon make up  50 percent of the US workforce. This leaves the self-employed economy at a disadvantage when it comes to financial wellness.

Tongo was created to bridge the gap and provide financial products to meet the commission economy's needs. With a focus on real estate agents, Tongo has built a platform that centralizes all agents’ necessary financial accounts in one place and gives them access to digital tools that automate the distribution of their commission accordingly and access to future commissions up to 60 days early. 

Tongo's Financial Benefits Platform, a first-of-its-kind payroll solution for real estate brokerages, provides agents with an essential toolkit to achieve financial wellness.

The platform delivers secure, automated commission distributions to connected savings, checking, retirement, and investment accounts, as well as early access to pending commissions. The platform has been built with and for brokerages to empower agents with the financial stability they need to grow their businesses successfully.

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.

For agents, the experience receiving commission is significantly improved. Once set up (which takes less than 3 minutes), they can connect their various financial accounts, including checking, savings, retirement, and others, and choose how much they’d like to be automatically distributed to every connected account. 

Tongo has flexible pricing to suit your business needs and uses cases. Please contact Tongo expert, Nick, at nick@gettongo.com.