Vice President, Sales & Marketing Salary at Merchant Factors BETA

How much does a Merchant Factors Vice President, Sales & Marketing make?

As of April 2025, the average annual salary for a Vice President, Sales & Marketing at Merchant Factors is $270,324, which translates to approximately $130 per hour. Salaries for Vice President, Sales & Marketing at Merchant Factors typically range from $236,206 to $338,859, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Merchant Factors Overview

Website:
merchantfinancial.com
Size:
50 - 100 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Merchant Factors Corp. provides factoring and asset based lending primarily to small and medium-sized companies, and service organizations in the United States. It offers discount, partial, and collection factoring, as well as provides import financing and purchase guarantees. The company provides financial assistance in the form of letters of credit, credit information on customers, customer aging and status, and business advice. Its asset-based lending service provides working capital credit lines for growing companies. The company also provides spot factoring, as well as involves in purchase order financing, and unconventional finance activities. In addition, it offers accounts receivable bookkeeping services, as well as monthly aged accounts receivable reports, including monthly statements. The company provides on-line access to customers. It serves manufacturers, jobbers, converters, importers, service companies, and start-ups in various industries, such as textile, apparel, electronics, giftware, accessories, toys, luggage, furniture, shoes, costume jewelry, linens and bedding, printing, computer consulting, outsourcing, and service. The company was founded in 1985 and is based in New York, New York.

See similar companies related to Merchant Factors

What Skills Does a person Need at Merchant Factors?

At Merchant Factors, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Sales Development: Devising and strategizing new sales operations and processes to drive higher profitability.
  2. Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.
  3. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  4. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  5. Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.

Related Jobs

Eric V Stearley CPC & Associates Inc.
Detroit , MI

Job Description Job Description Requirements: 10+ years in sales and sales management of bearings to automotive customers. Experience in Sales / Marketing of Tier 1 and Tier 2 components is very helpful. Must be able to supervise sales, marketing and customer service staff. Duties: Responsible for sales and marketing functions and strategic planning including forecasting, advertising, quotations, business development, pricing, processing of orders and supervision. Select direct account responsibility. Being a part of the Senior Management Team that makes key leadership decisions for overall company direction. Essential Functions: 1. Develop and maintain marketing plan for increased business with new and existing accounts. 2. Direct the sales, marketing and customer service staff. 3. Analyze market and economy. 4. Resolve customer issues and provide business development quotes on new and existing business. 5. Set company policy with respect to sales/marketing. SPECIAL NOTE: My company i


Sponsored
4/30/2025 12:00:00 AM
Streamlight Inc
Phoenix , AZ

The International Regional Sales Manager, Asia Pacific, has primary responsibility for profitably meeting international sales forecasts and goals for specific territories; established by the Director, International Business Development in conjunction with the Vice President, Sales & Marketing. Market responsibilities include Industrial, Law Enforcement, Federal/Military, Fire/EMS, Automotive, and Sporting Goods. Primary role is to develop and build distribution within these markets, as well as end-user activity to drive demand for Streamlight products. Additionally, this position will provide input on international cultural and legal issues as they pertain to sales and distribution development as well as marketing activities. Candidates must live in Seattle, Washington or Phoenix, Arizona and be willing to travel up to 50%. Essential Duties and Responsibilities: 1. Develop and execute annual sales Action Plan for specific geographic territories assigned 2. Evaluate and monitor company'


Sponsored
4/30/2025 12:00:00 AM
Planned Companies
Parsippany , NJ

Planned Companies –Executive Vice President of Sales & Marketing – Job Description Company Overview: Planned Companies is one of the fastest-growing real estate services organizations in the country, delivering best-in-class janitorial, maintenance, concierge/front desk, and security services through our three divisions: Planned Building Services, Planned Security Services, and Planned Lifestyle Services. With over 125 years of experience and four generations of family management, we continue to set the standard for excellence in real estate services, supporting clients across the United States. Today, we have a dedicated team of 5,000 employees across 11 states, ensuring seamless service delivery to our valued clients. Our clients—including ownership groups, property management companies, boards, and associations—rely on us for professionally screened, trained, and qualified personnel who enhance the safety, cleanliness, and hospitality of their properties. Our in-house recruitment te


Sponsored
4/29/2025 12:00:00 AM
Eric V Stearley CPC & Associates Inc.
Indianapolis , IN

Job Description Job Description Requirements: 10+ years in sales and sales management of automotive components. Experience in Sales / Marketing of Tier 1 and Tier 2 components is very helpful. Must be able to supervise sales, marketing and customer service staff. SPECIAL NOTE: My company is located in Northern, Indiana area. Must be willing to relocate or work in a hybrid role. Duties: Responsible for sales and marketing functions and strategic planning including forecasting, advertising, quotations, business development, pricing, processing of orders and supervision. Select direct account responsibility. Being a part of the Senior Management Team that makes key leadership decisions for overall company direction. Essential Functions: 1. Develop and maintain marketing plan for increased business with new and existing accounts. 2. Direct the sales, marketing and customer service staff. 3. Analyze market and economy. 4. Resolve customer issues and provide business development quotes on ne


Sponsored
4/29/2025 12:00:00 AM
CLA (CliftonLarsonAllen)
Altadena , CA

Company/Role Overview: CliftonLarsonAllen (CLA) Search has been retained by Episcopal Communities and Services (ECS) to identify an Executive Director to serve their team. Under the direction of the Vice President of Operations, the Executive Director is responsible for planning, directing and managing the overall operations of the community to ensure financial viability and quality of care to residents. The individual is responsible for the daily operational management of the community in compliance with corporate and community policies and procedures, federal, state, and local health and human service regulations. MonteCedro is a nonprofit Life Plan community for active seniors aged 62 and older. It offers a luxury lifestyle with exceptional services and amenities, featuring a modern design and enhanced functionality for a better user experience. Nestled in the beauty of the San Gabriel Mountains, MonteCedro provides a worry-free lifestyle with a holistic and proactive approach to he


Sponsored
4/29/2025 12:00:00 AM
Career Transitions, LLC
South Bend , IN

Vice President of Marketing & Sales Full Time Hybrid Compensation DOE: up to $200K Career Transition is supporting a market leading, automotive component manufacturer based outside of South Bend, IN. Our client is seeking a highly motivated and strategic, Vice President of Marketing & Sales to join their team. This role is responsible for sales and marketing functions and strategic planning including forecasting, advertising, quotations, business development, pricing, processing of orders and supervision. Select direct account responsibility. Being a part of the Senior Management Team that makes key leadership decisions for overall company direction. The ideal Vice President of Marketing & Sales has a strong background in automotive component sales, strategic planning, and management/supervisory experience. Vice President of Marketing & Sales Responsibilities: Develop and maintain marketing plan for increased business with new and existing accounts. Direct the sales, marketing and cust


Sponsored
4/26/2025 12:00:00 AM
Verify, Inc.
Irving , TX

Job Title: Vice President, Strategic New Sales Department: Sales / Business Development Location: Open (near major international airport) Reports To: Chief Commercial Officer Job Summary: The Vice President, Strategic New Sales is an executive role responsible first, for establishing and executing Verify's new sales & revenue strategy and second, establishing and leading a high-performing sales team focused on securing strategic clients and associated revenue streams. Our new sales leader will play a critical role in identifying market opportunities, shaping go-to-market plans, and building strong relationships with key targets to accelerate revenue growth and market expansion. Key Responsibilities: Develop and execute a comprehensive strategy for acquiring new, strategic clients (OEMs, primes, and major sub-primes) across targeted markets and verticals (primarily within the aerospace and defense industry). Establish and manage a structured new sales process and pipeline through its va


Sponsored
4/26/2025 12:00:00 AM
Trusted Workforce Solutions
Garfield , NJ

Job Description We are seeking a dynamic and experienced Vice President of Sales and Marketing to lead our sales and marketing efforts. The ideal candidate will have a proven track record of success in driving revenue growth and building high-performing teams. This role will be instrumental in shaping our company's future and expanding our market presence. Key Responsibilities: Strategic Leadership: Develop and execute a comprehensive sales and marketing strategy aligned with the company's overall business objectives. Sales Management: Oversee the entire sales organization, including sales teams, channel partners, and distributors. Develop and implement effective sales processes, quotas, and performance metrics. Coach and mentor sales teams to maximize their potential and achieve sales targets. Marketing Leadership: Lead the development and execution of innovative marketing campaigns across various channels, including digital, social media, and traditional marketing. Manage brand strat


Sponsored
4/26/2025 12:00:00 AM

Check more jobs information at Merchant Factors

Job Title Average Merchant Factors Salary Hourly Rate
2 Business Development Consultant $115,657 $56
3 Client Administrator $140,880 $68
4 IT Assistant $51,995 $25
5 Junior Account Executive $68,504 $33
6 Junior Financial Analyst $71,009 $34
7 Senior Vice President $232,406 $112
8 Administrative Assistant $57,301 $28
9 Manager $120,379 $58
10 Office Manager and Executive Assistant $83,763 $40
11 Secretary $253,296 $122
12 Account Executive $82,321 $40

Hourly Pay at Merchant Factors

The average hourly pay at Merchant Factors for a Vice President, Sales & Marketing is $130 per hour. The location, department, and job description all have an impact on the typical compensation for Merchant Factors positions. The pay range and total remuneration for the job title are shown in the table below. Merchant Factors may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $270,324 look to you?

FAQ about Salary and Jobs at Merchant Factors

1. How much does Merchant Factors pay per hour?
The average hourly pay is $130. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Merchant Factors?
According to the data, the highest approximate salary is about $338,859 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Merchant Factors?
According to the data, the lowest estimated salary is about $236,206 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.