Universal Funding Corporation recently announced a radical update to their broker commission rates. The new payment structure allows for brokers, referring agents, ISOs, and CPAs to earn even more residual commission for their referred deals than what the previously lucrative structure paid out.
“We were using an antiquated industry-wide practice that based a broker’s commission percentage on the advance rate,” shares Universal’s Operations Manager, Jordan Hestness. “Now the commission scale is based on how many funded clients the referring agent brings to Universal Funding. Our most successful broker relationships are the ones where the same broker funnels a number of clients to us. The goal is to provide an incentive where the referring agents want to continue a working relationship and will be rewarded with each new customer that comes into our fold.”
The restructuring of the broker commission reinforces Universal Funding’s credence that repeat business is good for their brokers and good for business. Strong broker relations and referrals are telling that Universal Funding provides exceptional service to their clients; otherwise, brokers wouldn’t make the introductions. To view the new agreement in its entirety please visit http://www.universalfunding.com/newbroker/.
The new commission structure was unveiled simultaneously with the most recent website redesign. After an extensive UI/UX test conducted by JEB Commerce, the site presents the most desired content in a simplified style. Most website visitors who are researching factoring companies want to know how much factoring services cost, how does invoice factoring work, and how fast can their business get funded? The website redesign comes just before the busy holiday season when companies are making sure they have capital for end of the year expenses such as holiday bonuses, quarterly taxes, and equipment purchases.
Referring agents may have clients that want to take advantage of year-end sales on equipment or supplies. Universal Funding can be instrumental in making sure these opportunities are not passed up due to revenues being held up by slow payments.
Brokers can be the hero by navigating their clients through the year-end cash flow crunch. With Universal’s commission structure, referring agents stand to make their holiday season a little sweeter as well.
About Universal Funding:
Since 1998, Universal Funding has been creating personalized invoice factoring financing solutions by examining each business, the climate of their industry, and the strength of their customers. They are committed to their clients and are able to offer scalable factoring that grow as their business grows. Based in the Pacific Northwest, Universal Funding is one of the country’s premier factoring companies; financing for companies throughout the United States.
Company Name: Universal Funding Corporation
Contact Person: Heather Burford, Marketing Manager
Address:16201 East Indiana Avenue, Suite 2600
Country: United States