Business Funding Partners

Expand your market prospects through a collaboration with USA Funding Pros. If you’re a manufacturer of supplies, a retailer, a distributor or an independent sales company, you realize that your profits rely on the willingness of your customer to access working capital. The USA Funding Pros provides your customers with access to capital that helps you produce income and offers a generous fee to provide your customers with a basic service.

For almost 20 years we have supported thousands of businesses in hundreds of different industries with a range of financing options and we recognize that every company and every customer has specific needs. For this reason we are providing the following affiliate programs: Broker Services Platform – We are supporting brokers and independent sales organizations to grow more profitable and sustainable companies with bigger offers, higher profits and quicker support for your clients.

The Easy Way to Grow Your Business At USA Funding Pros

We understand how difficult it can be for brokers and independent sales organizations (ISOs) to find a funding partner for their clients. We began like that a lot. Today, nearly 20 years later we have become one of the leading lenders nationally to small businesses. And we managed to provide companies well over $1.5 billion. Building on our brokering expertise, we have developed a Broker Services Program designed to help brokers represent small businesses nationwide.

State Funding Vendor Advantage System

Do you have a customer who needs your equipment but doesn’t have a means of financing? National Funding recognizes that other suppliers of equipment have the same problem, and we have developed a solution – our Vendor Advantage Plan – to support the equipment needs of your customers.

We offer a plan to lease equipment to fit the needs and prospects of any customer. Company, automobile, or even building, National Funding has the option of leasing equipment that suits just about every scenario. And, we can not only help your customer get the money they need, you’re being paid for it.

USA Funding Pros-Business Funding Partners

There are a number of ways to create a legal agreement for ownership and obligations related to that company when beginning a new company or joining companies. Sole proprietorships are the simplest way to start any company, which is why sole proprietorships today make up 70 percent of all companies in the United States. But what if a company has more than one business owner, or if it wants to link its business legally with fewer personal liability, or simply wishes to involve another individual (or persons) in its business? This is when the company owners begin to understand the various relationship forms.

Essentially, any company that is managed by two or more individuals falls into the partnership category; certain partnerships are similar to a sole proprietorship in that a partnership company is not technically an autonomous corporation, but there are a number of advantages that may help other business owners by opting to have their business as a form of partnership. A partnership is a legal arrangement to co-own a company between two or more people; each partner has invested equally in the company, whether that person is a general partner, a limited partner, an equity partner or a salaried partner.

General partners

General partners are interested in the management of the company and have personal responsibility for all company-related debts.

Limited – partners usually participate in the company but are not involved in day-to-day activities or management.

Equity and Salaried Partners – Both groups of partners are also paying for the business as employees; salaried partners usually have just a share of a company ownership.

General Partnership

A general partnership is the simplest and easiest way to build for two or more business owners. In a general partnership all the members share fair rights and business-related obligations. Every company owner in a general partnership has full responsibility for all the debts, responsibilities, management rights and every other component of the personal liabilities of the particular business.

Advantages

It is relatively convenient to start forming a general partnership, because there are no legal provisions for filing court. There are small administrative expenses as there are no recurring state commissions or franchise taxes due to the lack of legal disclosure provisions associated with the general partnerships. There are also no provisions relevant to conducting annual meetings and expressing relationship rights as is the case with firms.

Disadvantages

Similar to sole proprietorships, general partnerships hold absolute, mutual responsibility of all company debts, decisions and acts for business owners. Essentially, the company owners’ personal assets will be used to resolve those debts.

Establishing a Partnership

Business owners and Business Funding Partners usually register with the specific state when establishing a partnership that they will be doing business in, although these criteria differ from state to state. All states are also required to create a business name, whether it be a legal name for the business owners, a combination of all the last names of the company, a trade name, or a DBA name (doing business as). There are also business licenses and permits that must be obtained once the company is licensed, depending on the market, state and locality.

Importance of a Partnership Agreement

However, it is strongly recommended that a Partnership Agreement is not necessary when establishing a Partnership company. A partnership agreement will usually cover the variety of issues related to the development of a relationship to establish a legal agreement. It could include; how to make future business decisions, how to share profits, how to settle potential future conflicts, how to manage changes of ownership, or how to end the relationship amicably if that situation ever occurs. Essentially a partnership agreement will discuss and answer any “what if” issues that may occur in the future.