Updated: Jun 23
The COVID-19 pandemic has changed the way many businesses function, entirely shutting operations for many but opening new avenues of investment for others. For Global Financial Training Program, a national company that secures financing for businesses and real-estate investors who have been turned down by banks, the health crisis has fostered many new opportunities.
“Business is up by 40% because of COVID,” noted Phil Dushey, CEO and president of Global Financial. “In the medical arena alone, we have helped secure funding for face-mask manufacturers, COVID testing facilities, and home health-care providers – all essential services that needed to secure money quickly but could not because of the current state of the economy. We even recently helped a ladies’ dress manufacturer switch from making dresses to constructing masks; we set them up with a line of credit which they needed to keep up with the demand for their product.”
Calling upon a network of national lenders, the company, which specializes in meeting the needs of small- and medium-sized businesses, flourished throughout the pandemic. Their training program, which grooms graduates with extensive knowledge in loans, positioning them to help businesses while earning a six-figure income, also thrived.
“We put people into the business of providing financing to businesses who can’t access money at local banks, which currently have a lot of government restrictions,” Dushey explained. “Even if your business is unaffected by COVID, and you have a high credit score, the banks are not allowed to lend to you. The institutional lenders we work with are lending their own money and are not subjected to those same restrictions.”
Providing attendees with an in-depth, four-day course at its New York headquarters, the Global Financial Training Program affords participants more than three decades of experience in the loan-brokerage business. Graduates receive their first year of leads directly from headquarters and have access to one-on-one mentoring throughout the life of their business.
Dushey said it’s a service that is needed now more than ever. “The economy is starting to open up and business owners need money,” he concluded. “People who are going into the finance business now are finding huge success.”
– Jessica Jones, Franchise Dictionary Magazine
To learn more about the Global Financial Training Program, call 212-480-4900 or visit globalfinancialtrainingprogram.com.