Rapid Cash Commission Advances

Real Estate and Mortgage Professionals Get Paid Now!

 
Commission AdvanceHow it worksBenefitsRequest FormResource Page

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"Commission Advances for Real Estate and Mortgage Professionals"

Rapid Cash Commission Advance service is immediate, and very easy to use. The service is done by telephone or email and fax. When you sell a single family residence and would like your commission now:

  1. You fax us a signed Commission Advance Request Form, and a copy of the sales contract and mortgage pre-approval.

  2. We fax you an acknowledgement and a Commission Sale Agreement for signature.

  3. Upon receipt of the signed Commission Sale Agreement, we directly deposit money into your bank account or overnight a check to you.


What is Commission Advance?
Rapid Cash Commission Advance is a factoring company specializing in the purchase of commissions from licensed Realtors and Mortgage brokers throughout the United States. 

What is factoring?
Factoring is one of the most widely used forms of financing to assist business people in managing their cash flow. It provides quick and convenient funding at a time when it is most needed. It smoothes out uneven cash flows. Factoring is not a loan. It is the purchase of your commission.

How can Rapid Cash Commission Advances help my business needs?
As a Realtor or Mortgage Broker, projecting your monthly expenses is relatively simple compared to forecasting your income. Rapid Cash Commission Advances assists you in managing your cash flow. We provide financial services to Realtors and Mortgage Brokers by factoring commissions on residential property sales contracts. It’s a very effective way to get the money you’ve earned, without the wait.

How can I apply for an advance on my commission?
Rapid Cash Commission Advances service is immediate, and very easy to use. The service is done by telephone or email and fax.

How much of my commission can I receive from Agents Advance?
Up to 80% of your net earned commission is available up to 120 days.

How soon can I get the money?
Your funds are usually available within 24 hours of receipt of your commission advance request.

How is my commission advance delivered to me?
Rapid Cash Commission Advances will deliver your money by check or directly deposit the funds into your bank account or you can receive a check by overnight delivery.

What can I use my money for?
Many of our customers use their money to pay for various office costs (i.e. desk fees, advertising, etc.). Others have used their funds for personal needs such as vacations, gifts, shopping, and paying household bills.

Can I get a commission advance on a HUD sale?
Rapid Cash Commission Advances accepts applications for advances for commissions from HUD contracts.

How much will my commission advance cost?
The cost of your advance varies depending on the amount of your advance and the number of days until the sales closes. There are no start up cost, the first 30 days we discount 8% then an additional 5% per 30 days.

What happens if I repay early?
Rapid Cash Commission Advances will send you a partial rebate if your advance is repaid early.

What happens if my sale doesn't close?
If a sale fails to close, you have several options for repaying your advance:

  1. Submit a replacement sales contract.
  2. Re-pay the advance outright.
  3. A combination of the above.

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