Traditional banks are declining business loans at a rate of approximately 80%. Most of these denials are due to things like credit issues (little, no, or bad credit), lack of collateral, or simply because they don’t provide funding for certain industries or business...
Many business loan broker training programs provide students with a loan broker website at the completion of the course. These websites promise to be effective in building your business and generating leads. But, how can you be sure that the website you’re getting is...
For a commercial loan broker, networking is top priority. In order to garner strong relationships with clients and lenders and to fund more deals, your networks should be large and diverse. Building these networks is important and will take time and effort. In every...
Your business is unique and you should always be marketing based on the uniqueness that makes you, YOU. When it comes to marketing for commercial loan brokers, you need to be specific. How can a commercial loan broker market their business effectively? Who You Are...
The Value of Trust and Integrity in the Loan Broker Business The alternative loan brokerage industry has the potential to be a vital resource for business owners seeking funding, but its reputation has been tarnished by the actions of a few unscrupulous brokers....