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IACFB Sponsored Agent

Become an IACFB Referrer

IACFB Sponsored Agents

The Sponsored Agent Program (IACFB) is the base level membership program at IACFB that provides basic factoring training (Factoring 101) for for part-time broker and consultants just entering the industry.  The associated cost of Sponsored Agent training  through IACFB is complimentary and includes a FREE broker landing page (WordPress) with required hosting of just $99.95 per year.

Typically, IACFB Sponsored Agents will be home business entrepreneurs active in their community through clubs and organizations and will also often be very active on social media.  IACFB Sponsored Agents will work directly with and submit financing prospects directly to  IACFB’s Wholesale Operations.

Many IACFB Sponsored Agents are active bloggers and look at the Sponsored Agents Program as simply one of many very lucrative affiliate programs, but one that pays an exceptional residual commission.  

Another popular group entering the Campus e-learning training center through the Sponsored Agents Program is accounting professionals such as bookkeepers, tax preparers, QuickBooks ProAdvisors, CPAs, and others. 

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Earn as an IACFB Agent

The  IACFB Agents Program is a unique and low cost program and is directed towards those entering the industry part-time and just getting started.  Some participants may, however, have the intent of becoming full time freelance consultants in the future.

IACFB Agents will typically be home business entrepreneurs active in their community through clubs and organizations and also be very active on social media.  Additionally, this program is perfect for tax preparers, bookkeepers, Quickbooks ProAdvisors, and other accounting professionals seeking to expand their services and better serve their clientele.

Unlike freelance brokers and consultants, IACFB Agents are strictly “lead generators”.  IACFB Members who are Freelance Brokers and Consultants will both generate leads and then prospect those leads to close deals.  Agents generate leads, but the prospecting and deal closing is left to IACFB.  Leads generated through networking and social media “qualify” themselves using our Agent’s Landing Page (provided) and Factoring Broker Sponsored Agenteither requesting an offer of additional information or by requesting a conference call with an IACFB account executive.  Although they are certainly free to do so, our Agents are NOT expected to engage in costly direct marketing campaigns, but will simply develop and refer periodic qualified leads to their sponsoring factor by being active in their community, face-to-face networking, being active on social media, and most often simply being in the right place at the right time and armed with the necessary factoring knowledge provided by the program. 

Features and Program Cost

  • PROGRAM COST:  $99.95
  • WEBSITE / LANDING PAGE:  Included
  • HOSTING:  $9.95 per month
  • DOMAIN:  #14.99 per year
  • BUSINESS EMAIL:  Included
  • TRAINING & MARKETING SUPPORT:  Factoring 101 “Lite” e-learning at Campus IACFB
  • COMMISSION RATE:  10% of fees earned

Training

Although the IACFB Agents Program is designed to be strictly a program for networking and lead-referrers, agents are provided with a comprehensive selection of classes and lessons chosen from Campus Factoring 101 Training Program. Additionally, Agents receive a PDF downloadable of sections taken from our 5-star rated Commercial Finance Consultants Guide

How Do I Enter This Program?

To enter the Factors Agents Program and training, you simply need need to set up your account through DataMax by clicking the button below.  The normal cost for this program is just $99.95.   You will also be responsible for your landing page domain and first month’s web hosting.  

What is Expected From Our Agents?

Unlike career professional freelance members who will typically work 40+ hour weeks, Sponsored Factor’s Agent members are quite different, simply working when and as often as they like.  Agent members operate as an entry-level, completely flexible home business opportunity that centers 100% around simple lead generation.  In short, everything about the program is about you, as the agent, generating leads and then letting IACFB do the rest.  

How to Submit Referrals (Leads)

How to submit leads for follow up. 

  • Leads are submitted directly from the form located on your Agent’s Landing Page which is provided as part of the program.  When a prospective client requests a free booklet or a conference call, the form that is submitted reports the request and sends an email to both and IACFB.  

It’s important to remember, as an IACFB agent, you are NOT responsible for selling or “landing the deal”.  That is our job.  You are only responsible for generating the lead through your landing page or through your normal networking or marketing.  In the case that you have a lead you have generated from another source, qualify the lead, have them complete a “Company Profile”, and send it to IACFB for closing and contracting.

How Member / Agent Commissions Are Paid

Commissions paid on accepted referrals are paid monthly by your sponsor and usually around the second Friday of each calendar month but never later than the 15th.   Agent commission rates are most often…

  • 10% of factoring fees earned or with some form of grid bonuses for consistent productivity from various factors
  • Paid by or before the 15th of the month following the month they were earned.  Payment dates depend on the actual funding source.
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Questions and Answers

Training ProvidedYes
WebsiteLanding Page
DifficultyVery Easy
Commissions10% of Fees Earned

IACFB Agent vs. Factors Agent?

Although this can be a little confusing, there are two Sponsored Agent Programs at IACFB. 

  • Factors Agent:  This is the Sponsored Agents Program where an actual industry factor is your sponsor for training.  It is a completely FREE program where the factor actually pays for your training.  The landing page is OPTIONAL but highly recommended.
  • IACFB Agent:  With this program, IACFB is your sponsor.  The cost of the program is $99.95 and the landing page is included, but required with hosting being just $9.95 per month.  Business email is included.

How Do I Sign Up for This Program?

To sign up to be an IACFB Agent, simply click here.

Where Can I View the Landing Pages

The new Sponsored Agent Landing Pages are WordPress and include an Elementor drag and drop editor which gives you full control over the look of the website.

You can view the templates here.

What Qualifies as a Lead?

As an IACFB Sponsored Agent, we define a “lead” as…

  • any business owner that you have spoken with within the past 48 hours and has expressed an interest in finding out more regarding factoring…or…
  • any business owner that has completed the form on your optional Sponsored Agent Website / Landing Page and requested…A copy of our publication “When Banks Say No!  The Small Business Guide to Factoring” …or…a has requested a conference call.

Once you have submitted a lead for follow up or that lead is received from the automated form on your landing page, IACFB handles the rest.