With job losses now mounting throughout the economy, many of those out of work are finding it increasingly necessary to explore their career options by investing in their own businesses. And based on our statistics tracking here at Commercial Finance Consultants magazine and our increasing readership, it is clear that more and more entrepreneurs are opting out of 9-to-5 jobs with no or little security in the new world of artificial intelligence. So for October, we have focused more attention on articles on the current weakening economy and the benefits of exploring a career as a broker or consultant in the factoring industry.
Factoring and the various other areas of alternative commercial finance are well-known business opportunities that thrive in tough times. It is well understood that when recessionary times make loans difficult to secure from traditional banks, financing businesses through non-bank options takes front and center for small business owners. Worldwide, factoring is one of the most popular solutions due to its ease of access. And while all factors utilize in-house sales staff (BDOs), they also focus on developing their network of independent financing consultants that can generate the high-quality leads that can bring business their way.
Focus on 2025’s Final Quarter
Learning the “nuts and bolts” of factoring with the help of IACFB is very quick, easy, and a very low-cost path of entry in this field. While developing the knowledge of commercial factoring is simple, developing the business is not and it takes time for all new brokers to learn sales techniques and develop strategies that will turn their newfound factoring knowledge into attractive commission income. So at CFC magazine, we are providing more articles to help our newest readers to build their business over the first three months of the year so 2026 can finally be the year they shed their paycheck-to-paycheck 9-to-5 job and begin enjoying the life of a successful home-based entrepreneur.
What’s New for October
Beginning this month, we are making some major changes at IACFB to assist our newest brokers in quickly getting their foot in the door and becoming profitable for 2026.
- Free Premium Article Content: With daily Factoring 101 Broker’s Guide sales spiking through Amazon, we are now adding free access to premium magazine content to all Amazon subscribers.
- “I Know Factoring” FREE website contest: For October, the IACFB’s “I Know Factoring” means FREE broker websites for new Amazon guide subscribers. A professional WordPress website, along with an articles blog, is 100% critical to business success. This IACFB magazine challenge/contest provides all new brokers with a free website by simply scoring well on this 35-question quiz administered by Class Marker.
- More Video Content: We are currently adding new and updated content to the Academy due to our expanded use of Descript videos. This will make learning this business even easier with the expanded video training content at the Academy.
Though the magazine continues to publish monthly, we are also adding additional important content almost daily through the Academy and our growing YouTube playlists. To get the latest new ideas, make certain you frequently visit our Group channel on LinkedIn.
