FAQ
Frequently asked questions
Everything you need to know about athlete contract financing
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Common questions
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Online pre-qualification
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General
What is Skybox Finance?
Skybox Finance provides contract-backed financing for professional athletes. We offer loans secured by guaranteed player contracts, allowing athletes to access liquidity without traditional credit requirements.
Who can apply?
Any professional athlete with a guaranteed contract in the NBA, NFL, MLB, NHL, MLS, or other major leagues. We also offer pre-draft financing for projected NBA and NFL draft picks.
How is this different from a traditional loan?
Our lending is based on your guaranteed contract value, not your credit score or traditional income verification. This means faster approval and terms designed for professional athletes.
Pre-Draft
Can I get a loan before being drafted?
Yes, we offer pre-draft financing for projected NBA and NFL draft picks. Your pre-approval is based on your projected draft position and the associated rookie scale contract value.
How is my pre-draft loan amount calculated?
We take your projected draft slot, apply a conservative adjustment (dropping 5 positions), and calculate 30% of the projected guaranteed contract value at that adjusted position.
Is pre-draft financing available for all sports?
Currently, pre-draft financing is available for NBA and NFL prospects only, as these leagues have structured rookie scale contracts with guaranteed values.
Application Process
Do I need to apply myself?
No. Applications are typically submitted by your representative — your agent, financial advisor, family member, or attorney. They start the process and you only need to sign authorization documents.
What documents are required?
Government-issued ID, player contract (or draft projection), last 3 months of bank statements, a signed personal financial statement, and last 2 years of tax returns.
How long does the process take?
Pre-qualification takes minutes. Once all documents are submitted and the player signs the authorization, funding can happen within 24 hours of approval.
Terms & Security
What are the loan amounts and rates?
We offer advances from $100,000 to $50,000,000 with annual rates between 8% and 18%, depending on the contract structure and risk profile.
Is my information secure?
Yes. We use bank-level 256-bit encryption, and your application is handled with strict confidentiality. No public filings are required.
What happens if I'm cut or injured?
Our terms account for various scenarios. The specifics depend on your contract structure and insurance coverage. We discuss all contingencies during the closing process.
For Representatives
Can I submit applications for multiple clients?
Yes. Create an account and manage applications for all your clients from a single dashboard.
Do you work directly with my client?
Only for the required signature authorization. All communication and document collection goes through you as the representative.
Is there a referral or partnership program?
We work closely with agents and advisors. Contact us at hello@skyboxfinance.com to discuss partnership opportunities.
Still have questions?
Our team is available to help with any questions about contract-backed financing, the application process, or partnership opportunities.
Ready to discuss your financing needs?
Speak with a lending specialist or start your pre-qualification online.