The Trained individuals at Platinum Preferred Financial Group are a team of industry leading consultants, who specialize in the business of finance.
List Of Commercial Loans Your Finance Business Can Provide
One of the main advantages of our program is the wide variety of commercial financing products and instruments you will be able to offer your clients. We have the most comprehensive array of financing products for you to profit from than any other training program in the country, period. You will be able to handle small deals in the $25,000 range and larger, more complex deals in the multi-million dollar range. Your finance company will truly be a full service commercial financing company with over 50 financial products and solutions to finance any business or real estate investor. Your company will actually offer more financial solutions than any of the large national banks that you see today. With over 600,000 new businesses starting each year, and over 100,000,000 businesses in the USA, there will never be a shortage of clients.
Below is a brief summary of some of the types of transactions:
Accounts Receivable Financing Every business has to maintain their cash flow in order to remain profitable and healthy. Small to medium-sized (and in some cases large) businesses that make or distribute products and/or provide services to other businesses in virtually every industry can benefit tremendously from A/R Financing.
Any business-to-business company (meaning a business that sells products or services to another business) has accounts and invoices that do not get paid for 30, 60, 90, even 120 days. This has a tremendous effect on cash flow as the business owner is waiting to get paid on goods or services that they already performed. You will be able to offer accounts receivable financing and turn receivables into cash with in 48 hours. Your client receives payment immediately and is therefore able to use the cash in ways that will strengthen their business; e.g. advertising, purchasing new equipment, bringing in additional personnel, etc. The loan is not based on your client’s credit but rather on the business your client sells to. Best of all, you get paid up front and on a continuing monthly basis from your lenders! Residual income at its best.
*Average Commission: Up to 2% of the loan facility / Plus an on-going residual commission paid monthly.
Transaction Size you can do: $100,000 to $20,000,000
Approval Time: 24 hours to 1 week
Example of Accounts Receivable Financing
Asset Based Lines of CreditIn today’s lending environment, when it comes to lines of credit, there are a couple of ways a company can secure a line of credit. One of these could be a line of credit secured by a company’s assets, such as accounts receivables and inventory. With more and more banks pulling traditional lines of credit away from companies, this is a very sufficient way to secure a line of credit again. As long as the assets are there to secure the line, our lenders that do these often can reestablish a revolving line of credit that was taken away from a company’s bank. This form of financing is growing rapidly as traditional banks are tightening their criteria and is always cheaper than factoring.
*Average Commission: Up to 2% of the credit facility / Plus an on-going residual commission paid monthly.
Transaction Size you can do: $500,000 to $30,000,00 or more
Approval Time: 1 – 2 weeks
Example of Asset Based Lines of Credit
Bridge Loans and Hard MoneyThis is another very lucrative and active area of financing that we teach. Due to today’s economic climate, this area of finance is booming as you read this. These loans consist of scenarios where a commercial property owner can’t get traditional financing and they need to act fast to either acquire a commercial property, finish construction, or cash out on their commercial property assets. A distinct advantage of this type of financing is the loan is not based on the owner’s credit but rather on his assets. You will have one of the nation’s largest privately funded bridge lenders to work with. You will be able to provide $1,000,000 to $100,000,000 bridge loans for commercial property and raw land acquisition, development, workouts, bankruptcies, and foreclosures. These can be closed on in as few as 5 days and as few as 2 days for a commitment to fund. The lender that you will work with can do international loans as well.
*Average Commission: Up to 3%
Transaction Size: $1,000,000 to $100,000,000 or more
Approval Time: As fast as 5 days
Example of Bridge and Hard Money Loans
Business Acquisition FinancingMillions of businesses are bought and sold each year. About 90 percent of the time, the buyer needs to finance the purchase.
Through our program you will learn how to finance virtually any business purchase through your specialized lenders.
We will teach you everything you need to know about analyzing a business and structuring the right type of financing for your client. This program alone can earn you a significant amount of income.
*Average Commission: Up to 3%
Transaction Size: $250,000 to $10,000,000
Approval Time: Up to 3 weeks
Example of Business Acquisition Financing
Business and Industry Guaranteed LoansThese loans are perfect for certain businesses that are rural based. The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities.
B&I loans are normally available in rural areas, which include all areas other than cities or towns of more than 50,000 people and the contiguous and adjacent urbanized area of such cities or towns. Funds can be used for but not limited to: business and industrial acquisitions, business conversions or modernization, purchase of equipment, or purchase or development of land.
*Average Commission: Up to 2% of the loan amount
Transaction Size you can do: Up to $10,000,000
Approval Time: 1 to 3 Months
Example of Business and Industry Guaranteed loans (B&I)
Business Term LoansBusiness term loans are one of the most common ways to finance a business for a variety of capital needs. Typically terms loans are structured in 3 to 5 year payback schedules and could be used for equipment purchases, fixes assets, or working capital needs.
In recent years, it has become harder and harder for a small business to obtain term loans because of the increased scrutiny and regulation of FDIC bank. The small business sector is not as profitable for banks compared to middle market banking. There have been numerous private lending companies that have stepped up to fill the void in the term loan sector with improved underwriting and the speed at which they can approve and fund transactions.
*Average Commission: Up to 3%
Transaction Size: $25,000 to $500,000
Approval Time: Up to 48 hours
Example of Business Term Loans
Church Real Estate FinancingThese days there are not too many lenders willing to lend to churches being that they are nonprofit organizations.
We have a niche product that serves this industry that caters to churches who wish to refinance, purchase, or construct the real estate that a church would have regardless of credit. Terms are very aggressive with rates at 5% fixed for a term of 5 to 7 years with a 25 year amortization with the loan being non-recourse.
With our unique platform for this you will have access to dozens of banks who lend to churches.
*Average Commission: 1 to 3 points
Transaction Size you can do: $1,000,000 to $50,000,000
Approval Time: This varies and really depends of project size. 1 to 3 Months
Example of Church Real Estate Financing