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Here is how you can make Money. The Process is Not Difficult or Complicated
We are often asked, “How much money can I earn?” The simple answer is well into six figures.
Earning a six figure income and having a good lifestyle is not difficult but the real question is how much do you want to make? This is a field with no limitations on income. It’s up to you and how hard you want to work. Earning money and lifestyle choice go hand in hand. Do you want more time or more money? We will teach you how to work smart not hard…make more money and have more free time.
In America, thousands of people are going into business everyday and they all need financing. With the Lenders you are approved to do business with, you can complete just about any type of financing your customer may need, as long as the deal makes sense. Let’s look at just a few ways you make money.
1. Transaction based one time fees
In the industry we often talk about points you can earn; 1 point = 1% of the total equipment cost.
- Equipment Leasing you can
earn up to 15 points of the total cost.
- Example: $50,000 equipment loan at 15%=$ 7,500
- Medical Working Capital Loans can bring
in up to 8 points
- Example: $75,000 loan at 8% = $6,000
- SBA Loans can bring you 2-3% of the loan amount which may range from $75,000 to $750,000 or a $15,000 commission
- And these are but a few examples
You can clearly see if you only do 2-3 transactions a month how much you can make.
The point is you don’t need to do a lot of transactions each month to be very successful.
2. On Going Income With Vendors
By developing a relationship with Vendors (suppliers of equipment) you are creating a sales force with no overhead. As they sell their equipment and their customers need financing, they are sending you transactions. You become their in-house finance company and help them increase sales while increasing your own profits.
Vendors should easily be able to send in five to ten transactions a month and in some cases much more. So, you can see that if you work with your Vendors you will see the dollars add up quickly simply by answering the phone or reading a faxed application. This is what the industry calls a residual income. Money you make each year with little further effort.
An example: a vendor sells $50,000 piece of equipment. You make 5% or $2,500. That same vendor sells 3-5 pieces of equipment each month. In your first year you should be able to open up 3 to 5 vendors....once again, you do the math!
3. Ongoing Commissions with clients
Accounts receivable financing or factoring is probably one of the most needed types of financing for businesses especially newer businesses not yet established. When a company goes into business selling a product or providing a service, they invoice the company and usually wait sixty to ninety days to get paid. This is a real problem for the business owner because they need cash flow to operate their business.
You will be able to provide them with financing where the funding source will lend them up to 80% of the outstanding invoices and get paid back when the customer pays the invoice.
An example, $100,000 invoice x 80% =$80,000.00 loan to the businessman. This means the company can borrow $80,000.00 to be used in their business until the customer pays the invoice, at which point the customer gets the balance due to him.
The way you make a lot of money is you share the profits the Lender makes on each account every month. The Lenders will pay you between 10% to 15% a month of their profits. That is every month for as long as your client finances with the Lender.
One of our Lenders states that if all your clients together have one million dollars outstanding each month, you should earn between six and eight thousand per month. One million sounds like a lot but if you divide that between three or four clients it adds up pretty quickly. This is also an example of residual income. You sell them once and they pay you for years.
And there are many more ways to make money which we outline in transactions you can fund.(LINK)
In other words you define your own success, your own degree of effort, your own lifestyle!
Whether you want to make $60,000, $100,000, or $200,000 or more the opportunity is there. The finance business is such that you can truly earn what you want. The opportunities are limitless.
The one thing you need to know is, “This is not a get rich quick scheme”. It is a real business opportunity. You will get out of it what you put in. We can teach you the business, set you up with the lenders, and give you whatever tools you may need to be successful, but “The rest is up to you!” And the great news is that no greedy boss or jealous manager can ever take that income away from you or your family…ever!
Sounds Good?
<Click here to take a look at our training program in detail and your investment in your future>
