Invoice Factoring Broker Information - Partner With Us
If you reached this page looking for
Factoring Services, please go to this other page.
If you are a factoring broker, keep reading; you are in the right place.
In 1995, our Managing Director began his career as a factoring broker, gaining firsthand experience of the challenges faced by brokers. Matching clients with the right factoring provider is no easy task. It demands an accurate picture of your client and a thorough understanding of a factor’s true competencies, industry preferences, underwriting approach, pricing capabilities, and speed.
Equally important is having trust and confidence that every lead will be worked diligently to get your deals funded.
At Gateway, we believe the best relationships are built on transparency and consistency. These core values, combined with direct access to decision-makers, form the foundation of our approach with our Referral Partners.
Why work with Gateway Commercial Finance as a factoring broker?
As a non-bank-owned factoring company, we consistently offer the following benefits:
– Commissions paid for the life of the account
– 15% standard commission
– 20% commission for high-volume producers
– Commissions paid via ACH, generally by the 3rd business day of each month
Landing a client is great, but keeping them is key! Gateway’s average client retention period is nearly 41.5 months, almost double the average client lifespan at most factors. Since 2007, we’ve provided more than $2.5 Billion in funding to more than 1,000 businesses.
Factoring Broker Success Story #2052
ONE CALL
Meet Brett Littlefield. He’s an equipment financing broker. In 2007, Brett made one phone call that would provide him with real and enduring residual commissions. Brett had a client who needed working capital fast, so he reached out to Gateway and was able to help his client turnaround a challenging situation in time for them to meet payroll. More than 200+ months later, the firm is still factoring with Gateway, and Brett is a staggering $121,686.53 richer because of just one call!
…REAL RESIDUAL COMMISSIONS!
Request Information
Other Contact Options
Factoring Product Outline
Selective Services. Your client has the freedom to choose which customers to set up and which specific invoices to sell. This gives your client maximum flexibility in determining and appropriately managing cash needs.
Full Service. This program offers maximum availability against all invoices generated, as well as full monitoring and credit support. It is ideal for businesses that generate large amounts of invoices and/or have a large customer base.
Spot Purchasing. This program provides availability on a single invoice or a group of invoices without the expectation of further purchases. It is ideal for specific instances where a business generates a large invoice amount and needs quick, “no-strings” availability.
Ledgered Line. This program creates a borrowing base and then allows draws up to 90%, depending on the industry. Submission of individual invoices is eliminated therefore offering availability without the high-workload.
Non-Notification. This program offers discretion as a business’s customers remain unaware of our involvement.
Non-Recourse. Non-recourse availability is offered for debtor insolvency only and is limited to the customer’s/debtor’s insurability.
True-Sale. We can offer a True Sale on accounts for businesses requiring no balance sheet liability.
Extended Terms. We can accommodate sales terms of Net 90 days with up to 120-day eligibility.
Debtor in Possession (DIP). For businesses contemplating or have already filed Chapter 11, this service can arrange pre/post-petition financing to support working capital needs during reorganization.
Let’s Have a Conversation
Talk to us! Our Referral Partners are an integral part of our business, and the best starting point is to ensure you know about us and our capabilities through an honest conversation.
Stay in the know
You’ll automatically receive e-mail updates as your client moves through our process instead of having to check in with your client and factor to see what’s going on.