Factoring Brokers Get Paid Before a Deal Closes?

You have to hear about this…

New Factoring Broker Promotion!

We all know that factoring brokers normally get paid a referral fee after the factoring companies fund the invoices.  But PRN Funding is currently running a special offer to factoring brokers that pays a $50 gift card upon referral of a qualified medical staffing lead!

It doesn’t matter if it turns into a closed deal… you still get paid! It just has to meet these requirements:

Upon evaluation and approval that the following criteria have been met for a referral, PRN Funding will mail out a $50 gift card (of the broker’s choosing) directly to the referral source:

1. The prospect must be an organized entity (Corporation, LLC). Sole proprietorships, general partnerships and DBA’s do not qualify for this promotion.
2. Broker/cash flow consultant must, at minimum, informally introduce PRN Funding, LLC to the prospect. In other words, PRN Funding will not make any cold calls as part of this promotion.
3. The prospect must have a legitimate need and interest in accounts receivable factoring.
4. PRN Funding must receive a completed application and accounts receivable aging report from the prospect.

Source: Get all the details from Nikki Flores of PRN Funding at Factoring Broker Summer Promo.

Gift card choices include popular places like Amazon, AMC Movie Theaters, Starbucks, iTunes, Golfsmith, Olive Garden, and many more.

Want more good factoring news?

You can also be eligible to win an iPad if you refer the most potential clients (with at least 3 leads needed to qualify).

But hurry, factoring brokers have until September 30, 2011 to take advantage of this great offer.

Need marketing ideas to jump start your factoring business?

Grab your copy of Marketing Tools for Small Factors and Consultants.

You’ll get instant access to this incredible ebook filled with 45 marketing strategies from 7 successful factoring brokers, consultants, and companies.

3 Business Factoring Benefits To Grow Your Bottom Line

Although there are many benefits to business factoring over getting a line of credit, consider these…

3 Ways Invoice Financing Can Help Your Business

Factoring Benefit #1 – Take On The Slow Payers

What?!? Purposely take on accounts that have slow payers? That is right… Read more

Comparing Factoring Companies

Whether you are looking to sell invoices you own or you have a client that is considering factoring, choosing the right Factoring Company to fund your deals can be challenging. Here are key items to consider when… Read more

Invoice Factoring News

Weren’t able to make it out to Washington DC this month for the Invoice Factoring Conference?  You can still get all the great factoring news and training from the event. The International Factoring Association has now made audio CDs and handouts available for purchase from their 2011 Factoring Conference at a reasonable $100 price point.

Head on over to the IFA website to check out the great information. Read more

Factoring: Colbert Report Video Reveals Need for Invoice Financing

What’s ailing small business in this recovery?

Why aren’t they hiring more people?

One major reason…big business is using small business as their banks!

The big guys are showing solid returns yet purposely taking longer and longer to pay the invoices owed to small business owners. Read more

International Factoring Companies

US exports are on the rise leading to increased opportunities for international factoring companies and brokers.

In January 2011 exports set a record 167.7 billion up 16% from a year ago and beating the prior high of 165.7 billion in July 2008, according to Read more

Factoring Broker Training – Don’t Make These 3 Mistakes!

Want to earn referral fees as a factoring broker working full or part-time?  Be sure to avoid these three common mistakes when seeking prospective clients in need of accounts receivable financing. Read more

Factoring Conference and Training for 2011

Looking to network with factoring companies?

Desire to learn directly from the factoring industry leaders?

Then make plans to attend the IFA’s Annual Factoring Conference April 13-16, 2011, in Washington DC.

Here are a few of the presentations and speakers they have in their impressive line-up this year:

• How the Federal Reserve Operates – Governor Elizabeth A. Duke
• How the Business and Finance World will look in the Coming 20 Years – Dr. Michio Kaku
• Current Topics in Transportation Factoring – David Jencks, Esq.
• Play Factoring Jeopardy – Phil Cohen
• Issues surrounding Sales Tax, Credit Insurance, Misdirected payments, Invoice Terms & Arbitration – Mike Ullman, Esq.
• Factoring 101 – Darla Auchinachie
• Frauds, Fairy Tales and Facts about Managing a Factoring Portfolio – Allen Frederic, Michael Monk, Pat Haney, Jay Atkins
• Introduction to Sales & Marketing – Blaine Waugh
• Small Factors Roundtable – Melissa Donald, Ryan Jaskiewicz, David Jencks, Esq.
• Factoring in Canada – Jeffery Alpert, Esq, Martin Fingerhut, Esq, Oscar Rombolà
• Plus networking events, receptions, and a golf tournament sponsored by factoring companies like RMP Capital and Bibby Financial.

You can register on-line at www.factoringconference.com or by calling the IFA at
800-563-1895.  There is a $50 discount for registering by January 31, 2011!

Directory of Factoring Companies and Service Providers – All New 2012 Edition

Sometimes it is not only what you know, but who you know.

Knowing the right contacts not only makes things easier, it can make you more money.

Gain access to our personal Rolodex of experienced factoring funders that took years to develop. Work direct with knowledgeable investors, educators, and mentors.

Grab your copy of the 2012 Factoring Directory today!

Order Now in PDF format for only $29.96 (25% Off $39.95 Retail Price)

Business owners and factoring brokers will gain instant access to: Read more

Factoring Invoices With Riviera Finance

Looking for longevity and service in a factoring company? Riviera Finance recently celebrated an impressive 40 years of helping small business turn accounts receivable into ready cash.

Factoring Investor (FI) was fortunate to catch up with Dave DeRango, Business Development Manager at Riviera Finance, for an investor spotlight interview. Read more

« Previous Page — Next Page »