Bankers/Brokers Wanted
BeneFactor works with brokers from coast to coast. We offer:
- Top dollar commissions
- Commission checks on the first day of every month
- Commissions for the life of the deal!
We also close transactions quickly! BeneFactor funds businesses that have needs from $30,000 to $2,000,000 per month. We fund businesses in virtually every imaginable industry, except construction. Our superior service sets us apart from our competitors.
Please ask us about the details.
Bankers Wanted
ATTENTION BANKERS! SEND US YOUR DECLINES!
BeneFactor values its relationships with bankers. BeneFactor does not compete with banks in any way; 100% of our business is factoring. In fact, as a banker, you will receive the following major benefits from referring declined loan applicants to Benefactor:
- You will establish and/or preserve the deposit and general banking relationship with the referred client;
- You will be able to take back the referred client when such client meets your lending criteria;
- You will compete more effectively with certain of your bank competitors that have factoring divisions;
- You will be able to offer a new product to customers without the hard work of building your own factoring business (see also the information on Servicing Programs below);
- You will receive top dollar commissions for referrals;
- Most importantly, you will have helped the referred client at its time of greatest need, and you will gain a long-term customer.
BeneFactor can fund virtually any business with creditworthy commercial accounts receivable and owners that display integrity. For example, BeneFactor funds the following types of businesses that don't meet your criteria:
- Start-ups/newer businesses
- Businesses with cash flow issues
- Businesses with limited or even a negative net worth
- Businesses with tax problems (with appropriate IRS subordinations)
- Businesses that can't meet financial and leverage covenants
In addition, BeneFactor will often work side by side with a bank, when the bank has a loan to a business that no longer meets the bank's criteria, such as a business with decreasing or negative earnings and/or negative cash flow, or a business that hasn't met the bank's expectations. BeneFactor may also provide short-term funding to your loan customers when the customer is growing rapidly or has new opportunities and orders that you do not feel comfortable funding. Regardless, you will preserve your lending and deposit relationships with the customer.