Connect with us


End The Woes In Business Funding by Making Good Use Of Advance Commissions

End The Woes In Business Funding by Making Good Use Of Advance Commissions

All startups regardless of the industry to which it belongs have one thing in common – it needs funds for starting as well as running the show. While the funds required for generating the initial inertia during the start is essential, it is equally vital even after takeoff.  In fact, the latter requirement could turn out more important because the inability to pump funds into business on an ongoing basis can make it suffer. Lack of funds is any business owner’s nightmare, and once you have set it going, it would hit you very hard to see the prospects fading. Depending on the nature of the business, you have to explore all options for funding, from traditional lenders to alternative lenders as well as alternative methods like crowdfunding. For ongoing funding, explore the model of revenue generation that could provide direction.

Are Commissions the main revenue for your business?

If your business earnings depend heavily on commissions, then the options of funding get quite restricted. The traditional lending sources like banks and financial institutions are not too keen to place their money in such businesses. Alternative lenders are your only option, but it could still pose other problems because the rates of interest are very high. Unless you can arrange for funds at low interest, it does not make sense. Although it might seem that you have exhausted all your options, there is still good hope because you have yet not explored the last resort. Yes, we are talking about commission advance like the types offered by NPC commission express. Keep reading to know more about the method that would help you to take a well-informed decision.

Advance commissions provide a lifeline to business

When you are struggling to figure out what would be the best funding of your commission based business, the offer for advance commissions would appear irresistible. And, truly irresistible it is because you can speed up the process of collecting outstanding payments that converts the earning into funds that you can use for business. Timely availability of funds injects new life into the business as cash flow eases and you enjoy better liquidity.  The quicker you can put back the money in business better would be the growth prospects. Some companies exclusively offer commission advances, and you can tie up with anyone to achieve your goals of the business.

Use your business credentials for securing advance commissions

Whether you are in the travel business, insurance or real estate, if you earn commissions which is the only or major source of revenue, you can qualify for advance commissions.  You have to convince the lender with documentary evidence that you have a firm deal executed but awaiting the commission after some time and make them agree to buy the commission at a discount. You can avail the majority of your expected earnings from the deal while the little amount that remains would come to you once the deal closes.

The best part of the arrangement is that it involves neither any credit checks nor security deposit to get the money.

Continue Reading

Recent Posts

Business3 weeks ago

Your Basic Guide To Creating A Unique Investment Blog

Starting your own blog is great and once you get the ball rolling, it can be a good passive income...

Business3 weeks ago

3 Low-Risk Ways To Get Your New Business Started

Once you’ve got an initial business idea and believe that it will be a success, there are some basic things...

Lifestyle4 weeks ago

Conquering the Co-free Zone: Tips for Thriving as a Remote Worker

Adjusting to an office environment can come with its downfalls in the sense that it might be a shock to...

General2 months ago

3 Ways To Take Control Of Your Finances Starting Now

If your finances have taken over and are bringing stress to your life, we understand just how overwhelming it can...

Travel4 months ago

Best Places To Visit In The North Of England

If you live in England, you will know there are many different places to visit for the weekend. There are...

General4 months ago

Green Home Improvement Ideas

In a world where environmental concerns are growing, the concept of “green” has gone beyond a trendy catchphrase and is...

Lifestyle4 months ago

How to Host an Unforgettable House-Warming!

The time has finally come. You have moved into your dream pad, and are officially adulting in your very own...

Autos4 months ago

A Guide to Parking Lot Striping

The journey to a well-striped parking lot begins with the right paint. In this brief guide, we’ll unravel the mystery...

Business7 months ago

Business Tips For Protecting Your Finances During A Recession

In 2023, taking the necessary steps to protect your finances for your business is now more important than ever. The...

Lifestyle7 months ago

Tips For Cleaning Your Trainers

If you’re into your trainers and streetwear, you’re likely to be very conscious of keeping them looking their best! So,...

Marketing8 months ago

Branding Trends For Start-Ups in 2023

Branding is incredibly important as it impacts how your business reaches and connects with its target market. If you’re branding...

Business8 months ago

Avoiding the Wrong Kind of Growth

Growth is vital for any business – some models, like tech start-ups, are built around periods of dramatic, explosive growth...

Business8 months ago

How To Become A Property Developer

There are several reasons why an individual will want to become a property developer. One of the main reasons for...

Tech11 months ago

What Is The Difference Between Cyber Attacks and Cyber Threats?

If you own a business that uses the cloud to manage workloads, you have probably heard of the terms cyberattack...

Marketing11 months ago

3 Types of Marketing Every Small Construction Business Should Do

Construction is a very saturated sector, whether you’re a large or small construction company, so marketing should be at the...