Money makes the world go ‘round and being a cash advance broker can be very lucrative. However, there’s a lot of scams out there where they charge you money to train you into something that is already free to do! We are going to cover everything you need to know to help small businesses get the money they need and possibly make life-changing income. Business cash advance brokers wanted.
What is a Business Cash Advance Broker?
A business cash advance broker is someone who helps businesses get quick funding using business cash advances and/or merchant cash advances, also known as MCA brokers.
MCAs and BCAs make up a large portion of the $37 Billion a year alternative lending industry because small businesses need funding more than ever and business cash advances have far less restrictions than traditional bank loans.
The good news is, unlike personal loan broker jobs that require licensing to broker them, business cash advance brokers don’t need any licensing or have to pay any fees to start.
You can start today absolutely free, watch 3 hours of training, and be off and running. You even get your own personalized websites to share to businesses so they can apply right on your website.
The websites are tracked to you so you get credit when a business gets funded. You can also build your own organization of agents and get paid on all of them, which we will discuss next.
How Much Does a BCA Broker Earn?
The average salary of a loan officer according to Investopedia is $63,960. The lowest of that average is $32,820 and the high range is $132,290. However, a typical loan officer works long hours, has to act as an intermediary between the client and the lender, and won’t make the big bucks usually until after year 5.
Our business loan brokers are already making $15,000 to $30,000 per month working a few hours a day – and we just started our same day business advance program seven months ago (as of this writing 1/7/22).
What makes our loan broker program so lucrative is one, quick turnaround times and minimal loan requirements, and two; you can earn overrides on every agent you bring in and their agents.
For example: if you recruited 500 agents (which isn’t impossible to do) and 10 of those became your rockstars and they made $160,000 in commissions per month, you would make 50% of that (if you’re amp’d up – rank term) which would be $80k per month to you, meaning almost a million dollars a year.
So, you can make money two ways with us – one way from getting business’ funded, and two, residual income from your team getting their own fundings. The income potential is unlimited. It depends on your tenacity, size of network, and consistency.
How to Build Your BCA Broker Business Online
Being a business cash advance broker is having your own business or agency. What you make in this business is solely based on your income-producing activities.
This isn’t something that pays you for joining a certain leader, or being in the right place at the right time, or making money for no effort at all. The compensation plan rewards those who get businesses funded and who recruits producers. Period.
On a lighter note, we have agents making significant income just by shooting entertaining and informative short TikTok videos and Facebook reels – literally making thousands per week creating 15-30 second videos!
The bottomline to success is getting enough consistent, targeted traffic to your website and letting our lender close your leads for you. The entire process is automated – you don’t need to be a financial wizard or banker to promote our program. Just get business owners applying on your website – that’s it. The more visitors to your website, the more fundings you will get.
How to Join Our Loan Broker Program
It’s very easy to join our program, simply click the link HERE and watch the short video by our CEO. Then, click the join button and fill out the form. This is for residents of US, Canada, and surrounding US territories only. We pay daily on personal fundings and weekly on team overrides. I wish you all the success in the world!
See Our Best Loan Broker Opportunities
Erik Christian Johnson