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How is the Club compensated for the services it provides members and contractors?

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How is the Club compensated for the services it provides members and contractors?

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Unlike other referral services, the Club does not charge contractors any up-front fees, or any fees for referrals. The Club’s only financial agreement with contractors is that all work successfully completed for members be billed through the Club. The Club then pays the contractor a discounted amount (as if it were charged on a credit card), while collecting the full invoiced amount from the member. In banking terms, this is called “factoring the invoice.” In addition, your annual membership dues help to cover some of the administrative costs the Club incurs, as well.

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