You might be surprised to hear that entrepreneurs are more likely to secure a merchant cash advance from a helpful salesperson than applying for one on the internet. A merchant cash advance is not a loan; it is a sale. This cash solution provides businesses with a lump-sum payment in exchange for an agreed-upon percentage of their future credit and debit card sales.
Through broker’s friendly approach, merchants have the opportunity to sit down and learn the ins and outs of this flexible solution. In fact, most cash advance sales happen offline by brokers who take the time to call on clients. For the companies – like First American Merchant – who offer these alternative lending options, these independent sales agents are key.
A full-service provider and a high-risk specialist, First American Merchant offers the very best in business funding solutions – even to the “unbankable”. High-risk business types and those struggling with bad credit can easily obtain the services they need. Even merchants with open tax liens can secure a merchant cash advance with FAM.
How to Become a FAM Merchant Cash Advance ISO
First American Merchant pays its independent sales agents the highest commissions in the industry. You could earn up to 9% of the funded amount and earn residuals on credit card processing services. In fact, many brokers have sought out FAM from outside agents to receive a better compensation plan, higher residuals, free terminal programs and a high-risk program.
If you have struggled to close cash advance deals in the past because of declines, consider the a few of the many advantages of working with FAM:
- Offer your clients credit card processing from all top providers
- Track all residuals and commissions from one portal
- Earn $1000 upfront per account – plus residuals and bonuses
- Take advantage of online training tools and paperless application with e-signatures
Working with First American Merchant ensures you find the right deal for your customer – a deal that fits their unique situation and needs. If you would like to get started in FAM’s agent partner program, filling out our form or call 1-800-210-5649.