FAQ's

Wedding reception venues and catering companies that offer Wedding Payment Plan receive many benefits, including: more profitable events, more events booked, increased customer satisfaction and a competitive advantage. If you don't find your answer here, please contact us by calling (866) 933-7297 or e-mail us.

How does the program work?

We pay you (the venue or caterer) directly and the client pays us monthly.

Is there any cost to the program?

There is no cost to sign up to offer the program. We provide all of the associated marketing collateral. If a client chooses to use Wedding Payment Plan the venue pays a small fee based on the amount borrowed. We find the amount borrowed typically is not the total cost of the event, but rather for those extras that the brides really want.

How does the client find out we offer the product?

We provide you marketing material that you make available to your clients and prospects. Your clients/prospects call us with questions and to apply for a loan. When they are approved we call to let you know to expect payment from us and when they submit the paperwork to us, we send you a check.

When do clients take out the loan?

We find that it varies. Some clients borrow the money at the beginning of the process so they don't have to think about money as a factor in their decisions or as a source of financial stress. Other times the client will call us three to four months prior to the wedding when they realize there are extras they want over and above their initial budget.

What are the benefits to the venues that offer Wedding Payment Plan?

The venues that offer Wedding Payment Plan receive many benefits, some of which are: more profitable events, more events booked, increased customer satisfaction and a competitive advantage.

When does my venue receive payment from Wedding Payment Plan?

Wedding Payment Plan pays the venue when the client closes the loan, which can occur any time prior to the event.

What happens if the client borrows more than the total final bill?

It is possible that the client will overpay when borrowing based on an estimate. If there is a credit balance, our venues agree to remit the credit back to Wedding Payment Plan to pay down the client's loan. We find however, the client typically chooses to use the credit balance on extras with you.

Do clients ever get Prequalified?

As WPP grows in popularity, we are finding that couples are seeking prequalification for a wedding loan through Wedding Payment Plan. This benefits your facility because the couple can only use the loan proceeds at one of our participating venues.

What is required to participate?

Our distinctive venues sign a good faith agreement.

Do you market the program?

Yes, we want to ensure our choice partner venues are showcased appropriately to brides, and other decision makers. We advertise strategically on numerous wedding websites at no cost to our venues and have been favorably and prominently featured in both local and national media and on-air on broadcast media that cater to your key clientele. We also proactively reach out to brides through new media.

Do you pay venues who do not participate in WPP?

No, a venue must sign a good faith agreement to receive any proceeds or benefits from Wedding Payment Plan.

I am not sure our clients need this product.

Many venues have told us that their clients have not asked for a product like this, however, when they have offered it to them the venue has realized all the benefits of WPP! In this economic environment people want to have the event they have dreamed of but would prefer to pay predictably, over time. That is the option this product affords them! Historically many of your clients have used home equity products, savings, 401k loans and other traditional methods that are no longer available or no longer make financial sense to them, that is why WPP is more important today than ever before!

What happens in the event of a cancellation?

We ask you not to penalize your client for choosing the Wedding Payment Plan option. Follow your normal cancellation policy. You agree to remit the proceeds you received less your normal cancellation fee to pay down their loan.