After being downsized from the corporate world 40 years ago, Phil Dushey developed a financial services company, providing loans to business owners who could not access money at local banks. Twenty years later, he founded the Global Financial Training Program, teaching students how to secure those loans with ease. With a one-time fee of $19,950, this low-cost business opportunity has unlimited earnings potential. By Patty Horansky
After being downsized from the corporate world 40 years ago, Phil Dushey developed a financial services company, providing loans to business owners who could not access money at local banks. Twenty years later, he founded the Global Financial Training Program, teaching students how to secure those loans with ease. With a one-time fee of $19,950, this low-cost business opportunity has unlimited earnings potential.
Upon graduating, students own their own commercial finance company and are vetted by over 40 large institutional lenders to secure loans for small- to medium-sized businesses in each state. Unlike a franchise, there are no royalties, additional fees, overhead or employees. Because there are no territories, graduates of the program can provide loans from anywhere, using only a cell phone.
According to Dushey, graduates can easily earn up to six figures while creating a business that suits their lifestyle.
Many of the program’s enrollees have benefited from Dushey’s experience and reputation with institutional lenders who waive their standard requirements because of their long-standing relationship with the program and its founder. These lenders are poised to provide commercial loans from $5,000 to $500 million to businesses typically turned away by banks.
“They’ll do a loan that a bank would never do,” Dushey said.
Each lender has guidelines for the types of loans in which it specializes, such as startups, real estate investing, acquisitions, equipment, invoicing and credits from A through D. The program teaches its students how to find clients and match them with the appropriate lender, securing loans in as little as 24 to 48 hours.
More people want to own a business and be their own boss, making the demand for commercial loans greater than ever. New construction, healthcare, restaurants and acquisitions have all become areas of explosive growth.
The commercial finance business is recession-resistant because people always need to borrow money. It also provides residual income because businesses need monthly funds to pay employees or to expand.
The program doesn’t require a background in business, but most students come from management or sales positions and enjoy building relationships.
Students attend four days of Zoom classes of 10 to 12 participants each in which they learn about trends in financing and the many types of loans any small- to medium-sized business or real estate investor would need. Students meet more than 20 lenders and learn the language of finance to become comfortable dealing with decision-makers.
Graduates are ready for business immediately upon completing the course. They are assigned a lifetime mentor who works one-on-one with them for the first 20 transactions and beyond, guiding them to success.
“One of the biggest benefits of the program is the lenders pay their commissions directly to them,” Dushey said of those who complete the course.
The program provides graduates with 1,000 initial leads, a professional website, a logo, stationery, business cards, monthly webinars and more.
“In most businesses, you don’t make money for a year or two,” Dushey said. “With financing, you immediately start earning money. I don’t know of any business that parallels that.”
Patty Horansky