Solid Number Local Agency

Frequently Asked Questions

Does Solid# sell its products through growth agents; Can I represent Solid# and other Growth, Marketing or Small Business Lending companies at the same time?

Yes. Solid# sells its products through exclusive Solid# Local Agents. These agents sell Solid# products and products from partner companies only. Solid# Local Agents are not allowed to represent other Marketing, Advertising, Growth, or Small Business Lending companies that compete with Solid# and partner companies in any way.

Are Solid# Local Agents employed by Solid Number?

No, Solid# Local Agents are not Solid# employees. Solid# Local Agents are “1099” contractors for Solid#.

What markets are available for Solid# Local Agent appointments—will Solid#consider opening a local agent office in my desired location?

No, the only markets available for a Solid Local Agency haven been chosen by Senior management for strategic purposes. Contact Brand Support to request your specific location for consideration.

Does Solid# offer training or growth agent licensing courses in preparation for Solid# Local Agent appointments?

Yes, Solid# does offer licensing program for Solid# Local Agent appointments and Growth Agents.  The average cost for training and certification ranges between $500 – $1,500.00.   Typical Growth Agent programs take 4-8 weeks.

How much does it cost to start a Solid# agency and does Solid# offer loans or advanced commissions to help with start-up costs?

To license a Solid# Brand Agency costs $5,000.00 annually. Licensees can build physical or virtual offices in their markets. Generally, start-up costs for a new Solid# office range between $50,000 and $250,000, depending on the market. Normal start-up costs are office leases, office build-outs, equipment, employee expenses, marketing and advertising, insurance, phone service, and all necessary things to open and run a business. Solid# does not offer any loans or advanced commissions to help with general start-up costs—successful Solid# Local Agent candidates have saved money in preparation for the opportunity to start-up a business.

How are Solid# Local Agents paid by Solid Number?

Local Agents are paid solely by new business and renewal business commission for Growth Services, Payment Processing Income Share, and Premiums. The commission payments range between the same day of service in real-time, monthly ACH deposits, and quarterly bonuses depending on the program. For is an ACH transaction made once a month, generally by the 4th business day each month.

Who owns the Solid# book of business produced by Solid# Local Agents?

Solid# owns the book of business—there is no Solid# Local Agent “equity” in the business.

What is the Solid# Local Agent business model?

Solid# Local Agents are entrepreneurs who go into business to represent Solid# and Growth partners exclusively. Their primary role is to prospect and generate Growth Services, Payment Processing, and Financial Service leads that Solid# would otherwise not capture. Solid# Local Agents lease or own their professional offices with excellent drive or visibility. These professional office space and the hours of operation encourage walk-in business customers but most Solid# Local Agent packages are sold over the phone. Solid# Local Agents hire, train, and pay their employees who are licensed, professional growth agents. Solid# Local Agents on average employ 5 to 6 employees. Solid# trains and supports new Solid# Local Agents on Solid# procedure and policy but it’s the Solid# Local Agent’s responsibility to train her/his employees. Solid# Local Agents lease Solid# configured and maintained PCs that are a part of the Solid# network for their sales and service applications, and purchase designated VOIP phone systems for quality control purposes. One of many Solid# Local Agent benefits is an outstanding co-operative advertising program that reimburses Solid# Local Agents a minimum of 50% of their approved advertising.

What is the template for a successful Solid# Local Agent?

Successful Solid# Local Agents are sales professionals who are confident, competitive women and men who have prepared to go into business by saving money to start their own business. These are individuals who thrive on opportunities/challenges year in and year out and never tire of the satisfaction of closing the sale. Generally they are optimists with personal goals for success in life—they see the intrinsic value in representing an innovative growth and finance industry  and understand nothing good comes easy. Probably the most common thread among successful Solid# Local Agents is their desire to win through strategic advertising in their market and keen business talent.

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