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HOW TO BECOME A BIZFIN AFFILIATE
Our typical Affiliates have experience in corporate finance, real estate, investment banking, law, accounting, and banking. Some work at it full-time and others part-time. Many of them work from offices in their homes.
As an Affiliate you will submit to us micro cap
corporate finance deals, business financing and commercial real estate deals. Before applying to become an Affiliate, please read our website to get an idea of the
services we provide and the kind of deals we will expect you to submit
to us. The chance to get financing for a start-up business is about one
in 1000 and therefore we ask our affiliates to not submit start-ups
unless the principals have a considerable amount of their own cash
invested and it is a very unique situation. .
The ideal minimum business prospect has been operating more than four
years, has experienced management in place, is profitable, last
12-months revenues are $500,000 and the company needs more than $250,000
of capital to expand. Submitting a candidate with an idea for a business
or with an invention is very much discouraged.
An application to become an Affiliate will not be accepted from anyone who has ever
been found guilty of fraud, misrepresentation, stock manipulation, or
who is presently under investigation by the Securities & Exchange
Commission. Please do not apply if you have any of these issues. If you
apply to be an Affiliate we are of the opinion that you are clear on
these issues.
After reading the sample Agreement below and studying our website, if you wish to become an Affiliate, please email us the requested information below. Upon reviewing the information, if we have further interest, we will call you to discuss our program and further talk about your experiences. If we accept you as an Affiliate we will mail you two signed copies of the Affiliate Agreement. Keep one copy for your files and sign and return the other copy to Bizfin, LLC, 50 McLaughlin Drive, Greensburg PA 15601.
Email this information to us:
1. Name
2. Address
3. Telephone number--please list a good time to call you to discuss your experiences and the Affiliate program.
4. Email address
5. Website address
6. Briefly explain your experiences in
business or finance or other experiences that may qualify you
to be an Affiliate
AFFILIATE AGREEMENT
This Affiliate Agreement is made as of * between Bizfin, LLC., hereinafter referred to as (“Bizfin”), with offices at 50 McLaughlin Drive, Greensburg, Pennsylvania, 15601, and * hereinafter referred to as (“*”), with offices at *.
THE TERMS AND CONDITIONS OF THIS AGREEMENT ARE AS FOLLOWS:
WHEREAS Bizfin has access to capital sources and deal flow, and has
experience and training in corporate finance and investment
banking and * wishes to become an
Affiliate of Bizfin to submit deals to Bizfin, the Parties to this
Agreement agree as follows:
-Affiliate
will refer deals to Bizfin and Bizfin will work on a best efforts to
find sources for the deals.
-Affiliate submits deals to Bizfin by email but deals can be refused by
Bizfin for any reason.
-Affiliate of Record shall mean the Affiliate who first submits the deal
to Bizfin.
-On deals submitted by Affiliate of record, within
ten days of receiving fees, Bizfin agrees to pay Affiliate fifty percent of
the
fees.
-Should Bizfin incur costs to collect the fee, one half the costs will
be subtracted from the Affiliates 50%.
-Disputes on fees will be settled in accordance with the rules of the
American Arbitration Association.
-Deals
must close within two years of the date first submitted for Affiliate of
record to
be compensated.
-Bizfin
will pay trailing fees--if any--to Affiliate of record for only three years after
the closing date of the deal.
-When there
is a daisy chain of affiliates in a deal, the fifty percent
payable to an Affiliate will be divided among the daisy chain.
-Bizfin
will not pay a referral fee if it would be in violation of
an SEC regulation or a violation of any other law.
-Neither
Bizfin nor Affiliate will be responsible for professional fees incurred
by the other in connection with a referred deal.
-Bizfin and
Affiliate agree to work on an agency basis as independent agents.
-Nothing
herein shall be construed as creating an employer-employee relationship.
-Neither Bizfin nor Affiliate has a guarantee of future employment or engagement with one
another.
-This
Agreement can be terminated by either party in writing delivered by
Certified Mail or by email received by the other Party.
-Upon termination of this Agreement any fees
earned by Affiliate or Bizfin, prior to termination, are still due..
-Bizfin and Affiliate
are responsible for their
expenses and taxes, including federal, state,
withholding, social security, and insurance.
-To receive a referral fee, Affiliate
must have discussed the deal with the principals of the deal.
-Affiliate agrees to maintain a high level of integrity and
cooperate with Bizfin in connection with referred deals.
-Affiliate certifies to be over the age of 21 and legally permitted to
refer deals.
-Affiliate understands that Bizfin holds no special licenses, including a
securities dealer or real estate brokerage license.
-Affiliate and Bizfin agree to hold one another harmless from all legal
actions brought about by their own actions or inactions.
-This
Agreement is on a deal by deal basis and there are no other verbal or
written agreement between Bizfin and Affiliate.
-Affiliate and Bizfin understand that this Agreement is legally binding.
-Affiliate avers that he/she has never been
found guilty of a felony, fraud, misrepresentation, stock manipulation,
or is presently
under investigation by the Securities & Exchange
Commission or other governmental office in connection with any one of
these issues,
and hereby authorizes Bizfin to run a check in this connection with
appropriate authorities.
AGREED BY:
BIZFIN, LLC
____________________________
Robert T. Koveleskie, President
__________________________________
Affiliate