Factor Finders Paid More Than $134K to Referral Sources in 2021
Factor Finders paid referral sources $134,288 in 2021, an increase of 24% compared with 2020.
In addition to traditional referral sources, Factors Finders took referrals from factors who identified leads that were not in their “sweet spot” or who were looking to outplace clients who no longer were a good fit for their portfolios.
“Factor Finders works with many factoring companies who frequently get perfectly good deals that are outside of their sweet spot,” Stephanie Chmielecki, sales director at Factor Finders, said. “Our job is to use our extensive network of funders to identify a better fit for the prospect, assuring they receive the needed funding while generating ongoing revenue for the referring factor.”
Factor Finders has referral relationships with bankers, consultants, accountants and factoring companies.