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For most Accounts Payable Managers, today's
challenging economy means more and more vendors requesting early
payment upon invoices and special exceptions to terms of payment. Capital
impaired banks and stringent lending requirements mean your suppliers
are depleting working capital and suffering cash flow problems. And the truth
is, it probably isn't going to get better soon! But there
is good news at least in one area for some "savvy" accounts payable
managers that not only can solve the problems of requests for "special
treatment" by vendors but that can also result in a supplemental source of income.
Career Accounts Payable Managers tend to be highly
skilled and well trained accounting professionals. Some, however,
may have
an additional skill that make them exceptionally valuable to other
industries. This is their "sales skills" and with sales
ability, they may have exactly the right qualifications for our
industry, the unique industry of alternative commercial finance.
And in short, with modest sales skills A/P Managers can earn thousands
of dollars in additional cash every month, simply by referring
cash-strapped vendors to America's factors, factoring banks and
asset-based lenders.
Among others, the alternative commercial finance
industry is comprised of...
•
Commercial accounts receivable factors
• Asset-Based lenders
• Purchase order finance specialists
• Equipment leasing companies
• Merchant cash advance providers
With bank lending impaired in all sectors, more and more small and
mid-size business entrepreneurs are turning to alternative
commercial finance solutions to grow their business and to
meet their daily working capital requirements. Still, the vast
majority of
 entrepreneurs
know little of ACFs existence and its power to provide financial
solutions. And, When Banks Say NO!, they are completely
unaware of their alternatives. That is, unless they have been
fortunate to be introduced to an alternative commercial finance
industry broker or as they are better known, Commercial Finance
Consultant (CFC).
Commercial Finance Consultants are the independent "loan
officers" of the factoring and asset-based lending
industry. As such, they are charged with providing expert
financial advice to cash-strapped small business entrepreneurs.
Unlike a traditional loan officer at a commercial bank,
Commercial Finance Consultants are compensated by the lender
with fees or commissions. In factoring for example, the
referring broker earns up to 15% of the fees earned by the factor.
Additionally, these commissions are residual in nature, being paid
each and every month the client is on the books. In some cases,
this can be many years.
Interested in finding out more? Start earning lucrative residual
commissions like thousands of others. Visit DMS Commercial
Finance at
www.dmscommercialfinance.com, and view our Referrals Area requesting our complimentary
Career Guide and sign up for one of our FREE informational
tele-conferences.
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