Frequently Asked Questions

What is a Business Factor?

Factors serve many industries by providing the working capital management and cash flow necessary to operate, market and grow a business. Your real estate business probably has these same cash flow needs. Instead of borrowing that money as you would from a bank or other lender, however, with a factor you raise the cash flow by selling an asset -- your account receivable in the form of your earned but unpaid commission. Commission Express is a business factor dedicated exclusively to companies and brokers in the real estate industry seeking to better manage their working capital and to generate the cash flow critical to their business's operations and continued growth.

Why Should I Convert My Commission to Cash?

Your earned but unsettled commissions are un-productive business assets. They are receivables, income you are waiting to collect. Like other businesses, you want to convert receivables to cash to operate and promote your business today. Promoting today results in more income tomorrow.

What Do I Need?

All you need is a ratified non-contingent contract with preliminary loan approval

How Does It Work?

Go to Log In and complete the Application Online. Or, if you prefer, call 720-482-8160 and we can either fax or email the Application Forms to you. Once you have completed the forms, submit them to us either online or fax to us at 720-488-2292. Upon our review and approval, you can come to our office to sign the paperwork and receive your check (the fast way); or, we can fax the paperwork to you for signature and make arrangements to have your advance check deposited into your bank account or have the funds wired to you. It's just that simple!

How Soon Can I Expect My Check

Usually within 2 days after we receive the completed forms...often the same day.

How Much Do I Get?

We pay you (advance) up to 82% of your total commission immediately. You receive the balance of your commission less our discount fee (the holdback) after closing (time requirements must be met).

What Does It Cost?

There are no upfront charges. Your cost is called a discount fee and is paid at the time of closing. Commission Express discount fees range from 5% to 14 % of the receivable with repurchase obligations running from 60 days to 120 days.

What If Closing Is Delayed?

So long as closing occurs before the repurchase date (60 to 120 days from the date of the advance depending on the closing window), there is no additional charge aside from the original discount fee. If closing is delayed past the applicable repurchase date, there will be a $25 late fee. You may repurchase the receivable or substitute a new receivable at the then applicable discount fee.

What If Closing Does Not Occur?

You can repurchase the receivable by certified or cashiers check for the amount of the advance plus the discount fee or replace the transaction with another receivable of equal or greater value by the stipulated repurchase date.

How Do I Get Started?

Go to Log In and start right now. If the internet is not convenient for you, call us at 720-482-8160 and the Application Forms will be forwarded to you at your request by fax or email. Remember - there is NO Application Fee and NO Processing Fee.