popular product, seniors, offshore talent welcome
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How? Our specialist earn $20,000 to $60,000 p/year - part-time
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Business Development - Lenders Close the Deals for You Accounts Receivable Specialist Earnings: $20K to $60K Per Year - Working 1 hour per day, 3 or 4 days per week - Commission Only position. How? Business Development - Locating Business who may, or may not, have poor credit, yet have large invoices, which they want to turn into working capital. No credit check, no financial statements required. Lenders will close the deal for you. If one Lender can't do the deal, we will send your client's package to a second or even a third Lender. The client remains, your client, for the life of the funding process. Client's usually remain with the Lender for 6 to 12 months. You are paid the commission each month. Successful Method to Find Clients:
What Types of Businesses Use Factoring? Temporary Employment Agencies, Distributors, Manufacturers and many Government, State, City, County Contractors, and Commercials Builders Note: Commercial Building AR Specialist earn more, however contacts are fewer. Should have a working knowledge of Commercial Constructions The potential is overwhelming AND the competition is limited There are over 33.4 million businesses in American according to IRS statistics. Over one half of these businesses will need Factoring (Accounts Receivable Funding) at some point within their business cycle. Your clients will always be your clients and often times they Factor their Invoices over and over. To ensure that you receive ALL of your commissions, you can contact "YOUR" clients, to find out the status of his/her funding. How You Are Paid? Example of Compensation: Your Client:
XYZ Company leveraged their invoices to fund their growth, without incurring debt. Fees range from 1.5 to 3.5% of the total invoice amount. AR Specialist are paid 8 to 12% (depending on the Lender) of the fees the Lender receives. Who Succeeds in this Business?
History of Factoring Understanding Invoice Factoring and how it works can change the path of your small Business. Factoring has been practiced for centuries. The Romans sold promissory notes at a discount as did the Phoenicians. The word "factor" comes from Latin, the language of Rome. It means "to do" or "to make." The Pilgrims journeys to America were financed by advances from a Factor who provided the funds to pay for the journey. The Pilgrims repaid the money with earnings from America. Factoring to this day is an extremely common business practice in Europe whereas many American business men have never heard of it. This year alone thousands of businesses will Factor billions of dollars in accounts receivable, and they are doing it for profit, growth, and in some cases, their very survival |