Developing Strong Leaders for the
Commercial Equipment Finance and Leasing Industry

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Training Entrepreneurs to Become Independent Lease Brokers
YOUR INVESTMENT:     $18,500.00

Wheeler Business Consulting's goal is to provide a high quality product at a reasonable cost to all participants.  The training and support provided will allow individuals to establish their own independent brokering business. This program is not a franchise operation and therefore has no future royalty payments due.  This is a one time upfront investment. The ongoing business expenses are determined by you. The monthly expenses can be a low as few hundred dollars a month to cover space, phone, fax, computer and miscellaneous office supplies. Lease broker operations can easily be operated from your home office.

The funding source pays the lease broker a commission upon funding each transaction. The commission is paid based upon the funder's yield and the amount of points that the broker adds to the transaction. Each point represents 1% of the equipment cost. Most brokered transactions include between three and ten points.
Equipment Cost:                                   $50,000
Points added by the lease broker:     6 Points
Commission paid by the funder:        (6% of $50,000) = $3,000
It is not unusual for a lease broker to complete his/her first transaction within three to four months and within one year to be funding multiple transactions each month. The business is derived from equipment vendors and direct end-user clients. Within one year strong relationships will create an environment of ongoing repeat business from your network of business partners.