PALS PROGRAM
Partners Active Locations Network
International Association of Commercial Finance Brokers
Requirements to Become a Pro-PAL
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What is a Pro-PAL?
The Pro-PAL Program level is a goal-oriented designation within the PALs Program, designed to recognize and reward the most successful PAL Affiliates and Associates. Unlike basic membership levels, Pro-PAL is an achievement that must be earned through performance—specifically, by successfully submitting factoring leads that convert into active clients. This designation is a testament to an affiliate’s or associates’ ability to generate business and contribute to the growth of the IACFB factoring network. Both Affiliates and Associates are eligible for the Pro-PAL status, making it an attainable milestone for those dedicated to building a career in commercial finance.
With partner sharing at 50% – 50% with IACFB, successful client submissions generating $1,000 per month in commissions will qualify you for your Academy Upgrade. That would equate to about $200,000 to $300,000 in invoice purchases per month
With partner sharing at 75% – 25% with IACFB, successful client submissions generating $1,000 per month in commission, will qualify you for your Academy Upgrade. That would equate to about $150,00,000 to $225,,000 in invoice purchases per month
PAL Monthly Contests always featuere “Multipliers” where a submission related to the contest goal will double or even triple your commission total for Pro-PAL awards. All PAL Contests are posted at Commercial Finance Consultants.com Magazine.
As a Referrer or Sponsored Agent, social media is likely where 90% of your periodic marketing will occur. Commercial factoring is a B2B business Over 75% of business-to-business (B2B) buyers use social media to make decisions, and over 50% specifically use LinkedIn as a source for making purchase decisions
For PAL Affiliates, a reasonable goal for SQL lead-generation is realistically one or two leads a month. If you are generating Sales Qualified Leads above that rate…you will be rewarded with perks and spiffs.
With their SA-Series website and blog, Associates can easily generate four to five SQL monthly based upon their FREE prospect offers and the power of blog posts. You MUST, however, invest in that content marketing to bet the full benefits.
In addition to adding connections, you are expected to particiapate on the IACFB’s Brokers Group on LinkedIn. This helps to both your network as well as IACFB’s.
We highly recommend that you join and particiapate in one or two local clubs or organizations in your community. In many cases, this does require some expense so it is at your option. There are dozens of articles on the IACFB Magazine to give you some ideas and suggestions.