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Prospective Client Broker Agreement - Factoring

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This is an agreement between a broker and a factor representing a company for brokerage services. The broker is engaged to solicit new clients and attract new business opportunities for the factor’s company. In addition, the agreement provides that the broker will receive a commission fee for any new business the company receives due to the broker’s reference. This document should be used by small businesses or other entities that want to hire a broker to market and solicit new clients to the company.

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