Factor Finders Pays Nearly $12K in July Monthly Partner Payout

Factor Finders  paid its referral sources $11,920 in July’s monthly partner payout.

Factor Finders’ lead referral program helps factors get paid for leads they are unable to fund, as well as for clients that no longer fit their portfolios. Through the program, referring factors receive half the commission for the life of the new deal. Last year, partners in the program were paid more than $134,000.

“We work 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.”