| Introduction Why Our Program Works Training Overview Transaction Possibilities How to Make Your Money Program Specifications Available Training Dates |
In the field of commercial lending, a person can easily earn a six-figure income. In fact, there are no limitations on income. Like any career, it's up to you on how you want to work and how much money you want to earn and what kind of life style you want to lead.
Here are a few ways that you would be able to earn that six-figure income.
1. One-Time Fees
In each transaction you make, you are paid a one-time fee that is based on that transaction. A large portion of your income can come from these fees.
For example, in equipment leasing, you can earn up to 15% of the total cost. An $80,000 equipment loan at 15% = $12,000. For medical working capital loans, you can earn up to 8% of the total cost. A $100,000 loan at 8% = $8,000. SBA loans can bring you an average 2% of the loan amount. A typical SBA loan ranges from $150,000 to $1,500,000. These are only few examples.
You can quickly see that it would only take a few transactions a month to start earning that high income and start living that life style that you have always dreamed of!
2. Residual Income with Vendors
Vendors, or equipment suppliers, can be an excellent source of residual income. When you establish good relationship with vendors and as vendors sell equipment to customers who use a finance program, they will be going through you to process the transactions. You help them with their business by giving their customers other financing options, while putting money in your own pocket. You can easily get about 5 deals a month from a vendor and if you have about 5 vendors like that, you should have about 25 deals coming to you every month. A typical equipment loan size is about $60,000. Now you just do the math how much money you can make just from that one type of transaction!
Vendors aren't difficult to find. And, since you make commission on their equipment sales, you continue to make money year after year with little additional effort. This is called residual income.
3. Residual Income with Clients
Lenders will pay you commission on their profits each month, usually between 10-15%. This is for every month, as long as the client is working with the lender. You sell the client once and you are still making money off of that sale for the years the client is financing with the lender. This kind of residual income is very common when you do accounts receivable financing or factoring.. If you have your combined factoring account to about $3 million, then you should have about $25,000 residual income coming to you every month..
There are many other ways to earn this high income that are specific to each transaction. You will learn more as you advance through the training program.
There is no limit to how much money you can make in this industry—how much you make is up to you. IBroker System will give you the training you need to succeed, but it's ultimately up to you to earn that high income that you deserve. The money is out there, but you need to go get it.
Click here for more details on our training program.