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Selecting a Factor From the Directory of American Factors and Lenders
Lesson Video
Selecting a Factor From the Directory of American Factors and Lenders
Learning all of the features of the Directory of American Factors and Lenders is important for all types of brokers, consultants, and even referrers as well. The directories function as a database of not only factors but also all types of common lenders used by professional freelance consultants.
The searchable feature of the directories allows you to locate a specific type of lender that prefers certain industries and specific sizes of deals. This means you should always be able to locate a ready financing source for financing your prospects and clients every time.
How to Use the Search Feature
When viewing the IACFB’s Directory of American Factors and Lenders, you will immediately notice the MAIN SEARCH BAR in the middle of the website’s home page. The MAIN SEARCH BAR offers 5 choices or options of lender categories. They are…
- Commercial Factors
- Asset-Based Lenders
- Alternative Commercial Lenders
- Equipment Finance Company
- Brokers and Consultant
The SELECTOR of the search bar defaults to search and access commercial factor listings. You will notice that the listing has a WHITE BACKGROUND. If you are seeking another lender type, such as an asset-based lender, position your mouse pointer over the Asset-Based Lenders listing and logo and click your mouse to move the SELECTOR.
Once you have selected the type of lender you are seeking, then click the PURPLE Search Button to display all of the basic listings of all lenders in that particular category.