What is an ISO and how can you earn money with BCC?
When taking a survey of the current financial market, you can see evidence that it has effectively recovered from the financial crisis that rocked the economy during the last decade. During this recovery period that has been an evolution of sorts in which many people were forced to reinvent themselves as companies downsized and people were laid off. A significant amount of people with experience in the financial industry launched independent sales organizations that provided the exposure to the market while maintaining the flexibility to function as a private business owner. These ISO’s create a significant opportunity for the owners to be directly involved in the recovery and growth of the financial industry in this current decade.
What is an ISO?
The term “ISO” is used quite frequently; however, rarely is it sued with the lucidity necessary to understand what it actually means. According to the payment card industry, an ISO is an individual or organization that is not a member of the payment card association — meaning that they are not a Visa or MasterCard member bank — but they do, in some way, have a relationship with a bank card member. This relationship may exist in a multiplicity of ways. The ISO could function as issuers or acquirers for the member bank, or they may function as an entity that solicits new customers for a member bank. In fact, the number of ways that an ISO can function within the payment card processing industry are increasing at a rapid pace.
How an IPO Can Earn Money with BCC
In addition to any services or products that an IPO may be presenting to its clients, there is an opportunity for them to increase revenue generation by adding lenders, such as BCC Credit & Capital, to their referral list. BCC offers ISOs and other financial consultants a business loan referral program that allows them to earn commissions for referring customers who are looking to secure a business loan or business line of credit.
By partnering with BCC, the IPO will have a reputable lender that they can direct their business clients to. BCC offers some immensely flexible and diverse lending programs and products, which ensure that they will have a program that is suitable for almost any business.
BCC’s Commitment to Excellence
BCC is a lender that understands the importance of making a commitment to excellence in service and products offered. This is why they invest a substantial effort in creating the capacity to support their partners who refer customers to them. An IPO can be confident that their customer will be engaged in a highly proactive manner. Additionally, they will also be able to trust the product that is being extended to their client will be the best for them.
Highest Commissions in the Industry
The term “commissions” is definitely a term that an ISO will understand. BCC prides itself on paying the highest referral commissions in the industry. Furthermore, the company also pays based on percentage points rather than basis points.
Extensive Training Program
To insure the success of the referral partners BCC offers an extensive training program that is designed to equip the ISO with the knowledge and understanding of the lending process, so that they can effectively and accurately counsel their clients while preparing them for the application process.
There are multitudinous methods through which an ISO can earn revenue; however, partnering with BCC is one of the most profitable ways to generate revenue with little risk. BCC is always looking for individuals and organizations with the talent and drive to be a part of their referral program. Any company or individual that is interested should visit their website to learn more.