Close More Deals by Offering
LeverageLine As A Finance Option
Join our team of affiliates offering portfolio-based stock loans to their clients
We welcome inquiries from candidate referral agents with a suitable pre-existing sales network, contact list, or market for our LeverageLine securities-based credit line program if you have a solid background. Please note that we do not offer a common “brokering” relationship: for compliance reasons, as your role is to refer and monitor your client only, unless of course you are currently licensed and in good standing, in your state of residence, to go beyond this restriction. All elements of this referral process to our licensed lending partners follow rules we at A. B. Nicholas have agreed to follow derived from discussions with our licensed lending institution partners. You will need to be willing to comply with these rules and sign an agreement with us for that purpose.
By joining A. B. Nicholas in this manner, you’ll earn fees on every stock secured loan transaction you refer to us, and that is all you’ll basically be required to do. You’ll receive a fee based on the maximum line authorization we’ve been able to deliver to the client. (See some sample agent earnings scenarios.) You’ll also be providing portfolio owners a wholesale, no-title-transfer, no-sale-to-fund credit line (LeverageLine), helping them realize their franchise, business, real estate investment objectives quickly and more cheaply. There are many other benefits that accrue too.
Need help? Learn more here. To apply now and refer clients to us, please get a copy of your ID and a background statement or resume
While simply referring a client does not require any particular background, we do require that you have a clean record (no criminal, or finance-related civil cases brought against you, regardless of outcome).
To use our program on your website or to integrate our program your existing business offerings as many of our partners do, you’ll require a background in a financial, real estate, accounting, franchising, or related securities or finance-related field, or a field such as commercial real estate, franchising, or. construction where the LeverageLine financing program can be useful.
You must be signed as an agent to receive compensation for legal reasons. You may refer a client any time, but if you plan on placing our program on your website, we do need to review your background first. A simple resume or narrative should be sufficient.
Finally, we ask that you please do not apply if you are planning to start a new marketing program using our LeverageLine as the anchor. Ours is a referral program for pre-existing businesses in an ancillary field..
This is essential for our line of business.
To refer clients to A. B. Nicholas and receive compensation, you cannot have any unresolved or undisclosed civil or criminal legal cases where you were a defendant, past or present. Full disclosures required IF there an issue of this type. Divorce, minor drug offenses without repeat, traffic, misdemeanors, traffic tickets need not be disclosed. However, undisclosed relevant or more serious legal matters, particularly those surrounding the core financial fields we serve — are grounds for immediate termination if not disclosed. (Note: Disclosure is not automatic rejection of your application; non-disclosure, however, is).
We work exclusively with fully regulated and licensed public U.S. institutions with impeccable reputations; we engage absolutely no private lenders, nonrecourse lenders, or escrow lenders of any kind. All of our lending partner advisors are FINRA/SIPC registered with further licensing in several related areas and unblemished outstanding backgrounds.
This means that compliance is key to being a referral agent at A. B. Nicholas.
As a condition to our working with this level of institution and personnel, providing a quality product as we do, we — and our agent force by extension — must never provide any form of tax advice, insurance advice, legal advice, or securities buy-sell (investment) advice unless you are specifically and currently licensed to do so in your state of residence. Providing such advice without being properly licensed will be grounds for termination.
Always Fair Fee Allocations
A. B. Nicholas provides 1/3 of all fees to you as referring agent, paid immediately upon receipt. As your role is to refer, not to broker, per licensed institution requirements, the remainder of all fees are divided into legal administration expenses to remain compliant with law, and to the partner/owners/staff of A. B. Nicholas. Fees are based on a percentage, usually 1-3% depending on various factors, of the maximum credit line we would have delivered to the client borrower. Fee shares to Agents are paid immediately upon receipt within one business day of the availability of LeverageLine funds for the client.