Commission Express Information:
COMMISSION EXPRESS® businesses provide commission advances to real estate agents and brokers by purchasing their pending commissions (accounts receivable) at a discount.
COMMISSION EXPRESS® businesses advance real estate sales commissions to agents and brokers by factoring their commissions (accounts receivable). That is, we purchase pending commissions at a discount. The purchased commissions are usually redeemed within 30 to 60 days.
COMMISSION EXPRESS® businesses apply the general factoring process to the specialty of factoring real estate sales commissions. We purchase pending commissions on the basis of their quality as an asset, not on the credit worthiness of our customers.
COMMISSION EXPRESS® customers use our services because the process is easy, fast and reliable. They usually sell their commissions at the time of contract ratification.