BUSINESS FUNDING: At DAC, we're committed to helping existing businesses accomplish their growth ideas by offering simple and speedy funding solutions. We understand that many businesses are unable to secure funding from traditional sources like banks, with as many as 80% being denied. That's where we come in - we offer same or next day approvals and require no collateral. Whether a business owner is unable to get approved, doesn't want to put up their home as collateral, or simply can't afford to wait weeks for a bank loan, we're here to help.
Most of our loans and advances are short-term, ranging from 4-18 months, and are paid back through affordable and automatic daily payments. For businesses with monthly sales of over $5,000, we typically can get them 1-2 times their monthly revenue, and for those with less than $5,000 in monthly sales, it is usually about 25% of their monthly sales. Repayment amounts are usually 1.2-1.5 times the amount borrowed. For example, if a business owner is doing about $20,000 a month in sales, we could get them between $20,000 and $40,000. If they received $30,000, they would pay back between $36,000 and $45,000.
By referring businesses to our online business funding platform, you can help them achieve their goals and earn money at the same time. As a DAC agent, you can earn an average of 4% of their funding, which could be up to $1,200 for a $30,000 loan. And if you're "amped up" - meaning you've achieved certain levels in our compensation plan - you can earn up to 8% of their funding. We provide comprehensive training on our compensation plan, so you can take advantage of all the benefits of being a DAC agent.
