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Do I Make Money? |
THE QUESTION
“How much money can I earn?” The simple answer is well into
six figures.
Commercial Finance is a field with no limitations on income.
It’s up to you and how hard you want to work
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In America, small business owners are the backbone of our
economy and they all need financing. With our lenders, you
can complete just about any type of financing your customer
may need, as long as the deal makes sense.
1. TRANSACTION BASED FEES
In the industry we 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: $40,000 equipment loan
at 15%=$ 6,000
• Working Capital Loans can bring in up to 7 points
- Example: $100,000 loan at 7% =
$7,000 |
You can clearly see if you only do 2-3 transactions a month
how much you can make. You do not need to do a lot of transactions
each month to be very successful.
2. ON GOING INCOME WITH VENDORS
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By developing a relationship
with Vendors (suppliers of equipment) you are creating
yourself 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 be able to send in three to five transactions
a month and in some cases more. So, you can see that
if you work with your Vendors you will see the dollars
add up quickly by answering the phone or |
reading a faxed application.
An example: a vendor sells $40,000 piece of equipment.
You make 5% or $2,000. That same vendor sells 3-5 pieces of
equipment each month. In your first year you should be able
to open up 2 to 4 vendors....once again, you do the math!
IN OTHER WORDS YOU DEFINE YOUR OWN SUCCESS!
Whether you want to make $50,000, $100,000, or more the opportunity
is here. The Leasing Industry is such that you can earn what
you want. The opportunities are limitless for those willing
to work hard.
It is very important to note that we are not offering a “Get
Rich Quick Scheme”. You will get out of it what you put in.
We can teach you the industry, provide you access to the lenders,
provide you all of the Back Office support and give you the
tools you need to be successful, but “The rest is up to you!”
The best news is that we are with you every step of the way,
so you are not alone in your initial launch of your new business! |
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The Logo Loft