A recent article published on Yahoo.com listed the top 10 hottest professions for 2009. On this list was becoming a Factor. Many people do not know what Factoring is. Here is a brief overview of how it works:

Many small businesses are having a harder time than ever finding sources of capital to run their business. As traditional financing becomes more and more difficult to obtain, factors become more and more important for small business owners.

Many small businesses will have accounts receivable where they will not be paid for 45, 60, or 90 days. This can present a problem, especially if the business needs that money to operate. A Factor is someone that will loan money to the small business owner on these accounts receivable. The small business owner will receive the capital that they need to run the business, the Factor will receive money as the accounts are paid, and everyone gets what they need.

This cutting edge course will teach you how to become a Commercial Financial Consultant. The Commercial Financial Consultant is the person that will locate the small business owners with the need, and then finds the Factor that will loan money. As a result, they will earn commissions for their efforts in facilitating the deal between the small business owner and the Factor.

You will learn how to be an entrepreneur in this quickly growing industry during this power packed three-day course.

Learning Objectives:

• Overview of factoring process.
• How to market to businesses in need of cash.
• Understand the win-win-win situation provided by Factoring.
• Find businesses in need of cash flow.
• How to find Factors to buy the paper.
• Using factoring as a business to be an entrepreneur.
• Becoming a Commercial Financial Consultant.
• Profiting from other sources of paper.
• Calculate the commissions and fees earned from Factoring.