Broker Information
INFORMATION ABOUT THE BARCLAY REFERRING
BROKER PROGRAM, WHY YOU SHOULD BECOME A BARCLAY BROKER, AND OUR NEW REFERRAL FEE REWARD PROGRAM.
WE NOW HAVE OVER 700 BROKERS AND ASSOCIATES REFERRING PROSPECTS IN THE FIELDS OF COMMERCIAL MORTGAGE FINANCING, INCOME PROPERTY FINANCING, LAND DEVELOPMENT FINANCING, BUSINESS LOANS, FACTORING AND ACCOUNTS RECEIVABLE LOANS, EQUIPMENT LEASING, HEALTHCARE LOANS AND MANY OTHER SPECIALIZED FORMS OF REAL ESTATE AND BUSINESS FINANCING AND SERVICES.
BARCLAY ASSOCIATES REFERRING BROKER PROGRAM
An explanation of our Broker Referral Fee Program is detailed below.
We pay a finders fee which is 50% higher than most of our competitors. When you register as a Barclay Associates broker we will send you complete information about our new REFERRAL FEE REWARD PROGRAM.
We inform all of our brokers ......"If you can get the lead and close the financing (or note sale), then by all means do so yourself and collect 100% of the fee. However, if your plate is too full to handle the current lead, or if the requested financing is out of your area of expertise, then refer it to us at Barclay Associates.”
To earn your fee you only need to submit contact information and a short summary of the client's financing needs.
We prefer that you submit the referral by e-mail or fax, and then we
will call you for further discussion of the referral. If you have
questions about the referral, feel free to contact us by fax or e-mail.
There is no charge to be a referring broker, not do you have to fill out a lengthy application form.
If you wish to become a Barclay broker, it is important to e-mail us the following contact information:
After talking with many of our brokers, they have told us that we are the only company they deal with who faxes out a
Referral Fee Guarantee usually within one hour after receiving the referral. We drop everything to get the Guarantee to you.
Your referrals are extremely important to us and we value our relationship with you very highly.
There are several basic reasons why you should consider referring prospects to Barclay Associates:
We pay a very substantial referral fee.
We almost always work with clients who are willing to sign our financing
agreement. After talking to the referred prospective client, we will only place
them under agreement if we feel their is a decent chance of closing the
financing.
We only deal with funders (lenders and equity sources) who will withhold our performance fee (commission) at the close. Because we have a solid agreement with the client and a Registry as Finder document which must be signed by the client, just about any funder will withhold our commission from the client's funds at the closing.
We will send your referral fee to you within three days after our performance fee check clears our bank.
We urge you to run questionable financings by us. We will give you our opinion on them even if you don't want to refer them to us. We have helped many brokers by explaining to them why we feel a situation is not fundable. If we are negative on a particular financing project it often saves you, our referring broker, many hours working on a financing which is probably not fundable. Of course, our advice is just our opinion. You must make the final decision whether or not to pursue the financing request.
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