[ad_1]
moneymaking opportunities abound for Factoring brokers and cash flow consultant. A factoring broker locates a company in need of grace period financing and receives a commission for matching this company with Factoring Investor.
Fees paid to dealers who invested Factoring closed transactions. While the commission rates and structures vary, brokers can usually get a commission of between 5 and 15 percent of the discount factor is.
For example, if the business elements $ 25,000 worth of invoices Factoring Investor charges a 5 percent discount on Factor earn $ 1,250 ($ 25,000 x 0.05). If a commission rate of 10 percent is paid to Factoring Broker then they earn a finder’s fee of $ 125.00 ($ 1,250 x 0.10). This type of commission is usually paid when Factor gets the payment of invoices.
Another method of calculating the fee is based on the nominal value of their accounts rather than discount factor is. The Factoring Broker would earn an average of half a percent 1.5 percent of accounts quantities. For example, if the commission rate was 1 percent and $ 25,000 worth of bills were assigned; commission to the broker would be $ 250.00 ($ 25,000 x 0.01). This type of commission is usually paid when a company gets their advance.
A Factoring Investor typically honor the payment of commission to the broker on all future progress by the same company client. This is a great source of future residual income since many companies use factoring regular regularly.
Most factors brokers act as a home based business. They market Factoring services to small and mid-sized businesses to large banking often overlook. The key is to target companies submit accounts with creditworthy customers or debtors.
Factoring is one of the many areas of cash flow where brokers can earn fees by acting as CFO matchmaker between the customer and the investor. The cash flow industry is based on providing cash now for future payment streams.
[ad_2]