Five Contest Award Levels.  Everybody Wins at IACFB During the Career Builder Challenge

Five levels of awards makes it a certainty that everyone can walk away with an exciting award this year as they build there business and recurring income streams of broker commissions.  Additionally, winning awards has never been easier than with IACFB’s exciting Trophy System.  Examples of awards available for all Levels are below.

250 Trophy Points earns your choice of Level One Award along with your standard commission rate of 12.5% – 15% of factoring fees earned

325 Trophy Points earns your choice of Level Two Award along with your standard commission rate of 12.5% – 15% of factoring fees earned

400 Trophy Points earns your choice of Level Three Award along with your standard commission rate of 12.5% – 15% of factoring fees earned

450 Trophy Points earns your choice of Level Four Award along with your standard commission rate of 12.5% – 15% of factoring fees earned.

500 Trophy Points or more earns your choice of Level Five Award along with your standard commission rate of 12.5% -15% of factoring fees earned.

Lease Cash Bonus Awards

In the past, the Career Builder Challenge has awarded a single prepaid lease to a Dodge Challenger SXT to the “Top Gun” winner.  This year, we are expanding the ability earn the Top Prize with “LEASE CASH” and the rules for winning a Lease Cash award are simple.  To win the lease cash bonus you simply must have…

  • Five (5) or more clients on the books with IACFB Wholesale.  These can be new or existing clients from previous years.
  • A total of $750,000 or more in receivables being factoring on a monthly basis through IACFB (determined by the average of the last three contest months in any given year)Lease a Dodge Challenger or Similar
  • Have reached “Level Five” Awards Status for the current contest period
  • Negotiate a valid auto lease at the dealer of your choice for which we can reimburse you

Lease Cash Example:

Candace, an IACFB Factoring 101 Freelance Broker reaches Level Five Award status with 600 Trophy Points and also earns Lease Cash.  Here’s how she did it

  • CORE TROPHY POINTS:  200
    • 50 as a Factoring 101 Broker
    • 50 for her consistent posting of threads and comments on the forums
    • 85 for her score on the Proficiency Exam
    • 15 for her use of the Pipedrive CRM System
  • CONTEST TROPHY POINTS: 300
    • Three new CLIENTS were added during the 12 month contest period at 100 Trophy Points Each
    • Two EXISTING CLIENTS from last yeas Contest at 50 Trophy Points each
  • LEASE CASH QUALIFIER
    • Candace’s five (5) clients on the books are factoring over $800,000 in receivables each month as gauged by the final 3 months of the contest.  This is over the $750,000 threshold and she will earn “Lease Cash” which includes..
      • Up to $3,000 for the down payment on her new vehicle lease
      • Up to $300 per month “lease cash”
  • LEASE CASH CONTINUITY
    • Candace’s Lease Cash bonus will continue so long as…
      • She has a valid auto lease
      • She maintains a minimum of 5 clients on the books at all times
      • Her clients continue to factor at least $500,000 per month in receivables ($750,000 is the qualifier)

With IACFB’s unique Lease Cash Bonus Program, Candace will be driving a new car on us.  She will receive a $300 bonus payment along with her standard monthly commission payment and at the end of every three year lease cycle, will receive a lump sum $3,000 as the down payment on a new leased vehicle so long as she continues to qualify for Lease Cash.