The Interface Financial Group has recently appointed a new master licensee for South Africa and is now seeking sub-licensees, across South Africa.
While many people might consider that these are not good times in which to start a business, it is quite clear that Interface licensees, working in the small business invoice discounting arena, are enjoying record growth opportunities which, of course, translate into record income opportunities.
Interface is the leading alternative funding source for small business.
The company has been in operation for over 40 years and currently operates in Canada, Australia, South Africa, Singapore, New Zealand, The Republic of Ireland, the US and the UK. The company employs a unique delivery method for their financing, incorporating a licensed outlet approach.
The ideal Interface sub-licensee candidate
Naturally, there is no such thing as a universal description of an Interface licensee. There are, however, several significant characteristics that all IFG licensees have. These are the characteristics that we feel are very important in a licensee’s makeup because they contribute to the long-term success of the licensee’s business.
Licensee selection and the final award process are based on the overriding qualities of business background, communication skills, decision-making, and entrepreneurial spirit.
Our number one concern is a solid business background with the ability to communicate effectively.
Excellent communication skills
First, we always look for individuals who have excellent communication skills — both verbal and written. Interface licensees are charged with the task of communicating with professionals such as bankers and accountants on the one hand, and with small business owners/entrepreneurs on the other.
Licensees need to be able to effectively communicate with these individuals in order to obtain the required information and also to work with them on an ongoing basis. Licensees need to bring their communication skills to the table. We cannot train individuals to be communicators at this stage of their career.
Second, we look for individuals who are decision makers. Licensees gather and analyze the information, confer with Head Office, and then make a decision to move forward or not. Our process is designed to be handled quickly, efficiently, and in a professional manner.
Third, we seek to work with licensees that are entrepreneurial in their outlook. We look for people who have a vision for themselves and their Interface business.
Capital to purchase the license
The Interface license fee is R400 000. This covers a range of elements, such as documentation and operational manuals, comprehensive training, one-on-one coaching, assistance in promoting your Interface business, marketing material and ongoing support and advice from the Interface team.
Are you interested?
We have licensees who have owned businesses in the past; may own other businesses now; have been senior executives in industry and commerce; worked in the medical profession, or were accounting or legal professionals. The background list is very extensive.
If you are based in South Africa and have the inherent qualities, drive, experience and capital to become an Interface licensee, this is a rare opportunity for you.
Interested parties are encouraged to respond to this opportunity with a brief motivation and their contact details (click here to contact IFG).
The Interface license is not a gender-dominated business. There are many female franchisees and everyone does business on a level playing field. Similarly, we have licensees of various ethnic backgrounds.
Open Day in Johannesburg, 16 and 17 September 2014
IFG is hosting an Open Day, which will take place 16 and 17 September, from 8:30 am until 1:00 pm (lunch included) at Focus Rooms in Sunninghill, Johannesburg. The event is free, but registration is required. Anyone who wishes to learn more about the Interface license opportunity in South Africa are invited to register for the event. Limited seats are available for the two sessions. Find out more and register here.
Benefits to being an Interface licensee
Here are some of the benefits to be gained by taking advantage of this lucrative opportunity.
– An excellent return on investment
– No staff to manage
– No premises to rent
– No inventory to acquire
– No long or unsocial working hours
– No extensive business travel
– No custom-designed equipment or signage
Consider the side effects…
A few thoughts from David T. Banfield, President of The Interface Financial Group:
“The main reason companies use the Interface service is to facilitate their growth plans. Virtually all Interface clients are expanding their business and utilizing the accelerated cash flow that Interface provides as the means for that expansion. This means that our licensees are, in fact, facilitating that expansion by providing the working capital necessary to grow the client business. In feedback from IFG licensees, many of them have commented on this particular point as a real satisfaction area for them.
They particularly like the feeling that they have been instrumental in helping their clients grow, and, in many cases, enabling their clients to increase their labour force, add new jobs, and increase their profitability. Naturally, when a new job is created it increases the overall tax base for the city, the state, and the country as a whole. Interface franchisees/licensees indicate a high ‘job satisfaction’ in this aspect of the business.
IFG licensees also comment on the fact that due to the time requirement to run their business, they have more time for family life and opportunities to participate in community activities and services. They find that Interface also gives them the opportunity to volunteer in areas where, previously, they just did not have the time to become involved.
All things considered, we think you’ll find Interface a rare opportunity.”