The American Cash Flow Institute® (ACFI) is the training body that provides the three-day Certified Cash Flow Consultant training program that you are about to participate in. The American Cash Flow Corporation (ACFC) is the entity that owns and operates ACFI. The American Cash Flow Association® (ACFA) is the trade association that supports the Cash Flow Industry. Its main focus is publishing the Growing Wealth™ Mag and hosting the annual Growing Wealth™ Live Convention.

The tuition is $3,995. Click here to attend an upcoming free workshop in your area to hear more about the training, or call 800-713-6901 (press 8) to speak with an ACFI representative to purchase the training now.

You’re entering a career and receiving an opportunity to earn money for the rest of your life, so the potential return on your investment is unlimited. We provide superior training, which includes top-notch Instructors and comprehensive materials. The hands-on training, access to billions of dollars of capital, practical and educational tools, and unlimited support equal a lifetime of financial opportunity. When you consider the cost of education today as well as the expense of starting your own business — and then factor in the amount of money you could make throughout your career in the Cash Flow Industry — you’ll realize that the investment in your training is well worth it.

Your materials are extensive and will be handed out throughout your three-day training. We have found that students get the most out of these materials when they are used in conjunction with the training. Therefore, you will become familiar with your resource and training materials during the class and will learn how best to use them to accomplish your goals in the Cash Flow Industry.

Unfortunately, no. There are many costs that need to be covered for the training, such as ongoing research and development to keep your materials completely up to date, your Instructors’ salaries and transportation expenses, and finally, accommodations for the class itself. Therefore, the cost of the training needs to be covered before the training begins. However, there is nothing stopping you from transacting deals before you take the training, as long as you receive the proper support.

The certification for consultants comes from ACFA, which also provides ACFI graduates with additional support, such as the Growing Wealth™ Mag and the annual Growing Wealth™ Live Convention. The funding sources in the industry rely on ACFI to properly educate Certified Cash Flow Consultants and equip them with the proper tools to submit deals for funding.

Once you are a Certified Cash Flow Consultant, you are always a Certified Cash Flow Consultant. Your designation represents the capital, training, tools, and support that ACFI provides on an ongoing basis.

There is no mandatory class that ACFA requires. There are many continuing education workshops offered by ACFI and ACFA that you can take advantage of, many of which are made available at the annual Growing Wealth™ Live Convention. These classes typically are listed in the Growing Wealth™ Mag. All are optional.

There are a few additional costs involved, many of which are optional, depending on how you run your business.

It is all relative and up to each and every individual. The more you put into your cash flow career, the more successful you can be.

No one is obligated to report their earnings back to ACFI, and everyone measures success differently. Success to you might be a specific monetary amount, financial security and independence, gaining a certain client, or being inducted into the Million Dollar Club. Set your goals based on your own individual needs and wants, not those of others. You make money based on the number and type of deals you complete. Whether you want to work it full time, part time, or big time, the Cash Flow Industry can accommodate you.

Finding the deals is the fun part, once you’ve been professionally trained. The training you will attend will focus on how to find the deals, where to find the deals, and how to transact the deals. The training will also focus on the methods available for marketing your services. The marketing strategies are fine-tuned for you to make prospecting and marketing more cost-effective and less time-consuming.

Yes! You can transact deals as a Certified Cash Flow Consultant anywhere that you have access to a phone, a fax machine, and a funding source to handle the deal.

Although you are in the business of buying and selling cash, you have nothing tangible to sell. You are providing a service to help people with their cash flows.

No. You are not in this industry to lend money. Cash Flow Consultants are trained to find potential income streams and then take these assets to funding sources. The funding sources then buy the income streams at a discount. Neither party actually lends money, although the funding sources’ finances enable the deal to take place.

This is somewhat of a misconception. They are not actually taking less for their note. They are getting today’s value for a future income stream. A dollar is worth more today than in the future.

Not if you’re uncomfortable with the phone. You should tailor your marketing plan to fit your personality. “Cold calls” have always been a very powerful form of marketing to attack the numbers game, but there are countless other very effective methods of soliciting business. At the professional training you are about to attend, you will be introduced to a plethora of marketing techniques.

A 10 to 15 percent referral fee of your profit is the industry standard.

Most deals can close within two to four weeks. However, every deal is different, and you will discuss with your funding source your individual deals.

You, the consultant, get paid by the funding source. You will have a legally binding agreement with the funding source that states your profit. In these cases, you will typically get paid at the close of the deal. Factoring deals are paid when the funding source collects on the invoice that was purchased.

No. This is one of the great benefits of becoming a Certified Cash Flow Consultant. Most closings are handled via overnight mail or wire transfers. On occasion, the funding source will contract a third-party closing agent to close the deal at the funding source’s expense.

You can tell your clients you are new. However, you should also tout the fact that you are a Certified Cash Flow Consultant and a member of ACFA, an organization that has been the leader in the industry for almost two decades. Not only have you completed the in-depth training to become designated a CCFC in this industry, but you have the support, knowledge, integrity, and backing of an entire association in your corner. In addition, you represent well-established funding sources with money to buy transactions, and their credibility reflects on you.

If they hired their own people, then they would only have a limited number of employees reaching a limited geographic area. They would have to pay these employees base fees, commissions, and benefits. They also would have to spend an exorbitant amount of money on advertising. By using the resources of ACFI graduates, the funding sources have access to thousands of trained consultants who can bring in deals from all over the country.

You can get quotes from as many funding sources as are available for any particular income stream. Ideally, you will create relationships with certain funding sources and obtain quotes from them on a regular basis. However, three to four quotes usually are sufficient on any transaction to meet the needs of the client and secure your profit.

You work directly with the funding sources. ACFC and ACFI do not receive any money for your deals. There is no central office of any kind that you send the deals to first. Most funding sources have Consultant Liaisons that will work directly with you, and they are typically named in the Who’s Who in the Cash Flow Industry funding source directory as contacts.

The funding sources are buying an asset at a discount. This is something banks do not ordinarily do. Banks are in the business to originate loans and charge interest rates. Funding sources buy a debt instrument outright and charge a yield for the future income.

If there is a default on the note, the funding source will take action against the payor to recover the loss. The funding source will typically have a lien filed on the collateral, and if necessary, take further legal action such as liquidating the collateral or foreclosing on a property to recover the loss. In any case, a default will not affect the fee paid to the Certified Cash Flow Consultant.

When you bring a client to a funding source, that client is put into the funding source’s database, and you are recorded as the submitting consultant of record. Every time that client is pulled up from the database, the record includes your name as the consultant, so the funding source is obligated to include you in any deals. The funding sources need and want your business; they are making a profit because you brought them the deal.

Computers are great tools for any business, providing efficiency and easy access to data, but they are not a required element to be successful in the cash flow business.

Most cash flow professionals are not incorporated until they start purchasing deals for themselves. You may act as a sole proprietor. However, if you wish to incorporate, talk to your accountant or attorney about the legal and tax benefits.

Speak to your attorney or accountant about the specifics that apply to you.