Intuitive Accountant strives to provide you, our QuickBooks Specialist, Accountant and Business Consultant readers with information about opportunities to serve your clients, build your practice, and bolster your compensation through this series we call ‘Advisor Alliance’. The focus of this series will always be product developers and vendors who offer some form of alliance, partnership, or referral program that might be of interest to you and your practice.
Do you have any clients who have cash flow problems from time to time, but they still need to pay employees or purchase new inventory items? If so, then BlueVine wants to get to know you.
The founders of BlueVine know that "lumpy" cash flow and long payment cycles often put a
strain on SMB's working capital, so they started the company to help small business owners reduce the worry of making payroll or being able to buy more inventory. They say they provide a quick, simple, online solution to let businesses access the capital they need, when they need it.
According to Ed Castaño, VP Operations, "advisors who partner with BlueVine through the company's BlueVine Partner Program can help their clients free up cash, pay expenses, invest in their business and cover payroll when their clients experience long payment cycles, "lumpy" cash flow, don't qualify for a bank loan, need working capital financing or fast funding".
Participation in the BlueVine Partner Program is free to ProAdvisors and partners act primarily as a lead generator, but have the opportunity to 15% commissions for the life of the client. Castaño said "We realize that not all advisors like to take fees for products they recommend, so we allow the fee to be passed along to the client". There is no training required, but like any trusted advisor you would certainly want to have a good understanding of the product offering, rates, etc. before you recommended any products or services to your clients.
If you are interested in learning more about BlueVine and their offerings, contact Iris at 888-505-3149. If you'd rather not speak to anyone quite yet, just visit their partner page at www.bluevine.com/partners.