Articles on How to Become a Commercial Loan Broker
A Guide to The Loan Broker Business Opportunity
A Guide to the Loan Broker Business Opportunity The commercial loan broker business opportunity is gaining traction as an alternative to the traditional nine-to-five grind, driven by widespread job dissatisfaction. With the proper training, such as that offered by the...
What is a Commercial Lending Franchise?
How Loan Franchises are Empowering Fast-Moving Businesses Financing Diversity Capital is the lifeblood of any business. With its plethora of options, the lending network ensures companies have the right financial backing. Lending franchises, in particular, have...
Here are the Top 4 Cyber Crime Threats to Your Business and How Disaster Can Be Avoided
Protecting your business against cyber crime is now more important than ever. In 2015, the U.S. Director of National Intelligence ranked cybercrime as the number one security threat in the country. Mega-corporations get most of the publicity when it comes to...
Loan Brokers: What makes for a Great Website?
When a prospective client or referral partner becomes interested in your business, their first step is to research you. And in today’s world, that means checking out your website. Your website plays a number of critical roles. It is there around the clock to answer...
How to Set Up a Great LinkedIn Profile
A LinkedIn profile is a must-have in any broker’s repertoire of social media platforms. LinkedIn is the largest professional social network that has over 200 million members. Unlike Facebook, which is generally considered the best social network for...
Choosing the Right Office Space for Your Loan Broker Business
So you’re finally ready to have a real office space. Maybe you’re tired of having clients come to your home, or you’re having trouble separating personal life and work, or you just want to look more professional. Whatever the reason, renting or buying a space to...
Are We Headed for an $11 Trillion CRE Bubble?
Warnings about the loans, bonds, and commercial-mortgage-backed securities (CMBS) tied to an incredible $11-trillion commercial property sector in the US have been talked about for months. Defaults are rising in the commercial real-estate debt market just as borrowing...
7 Steps to Building Productive and Profitable COI Relationships
You may recall our blog article The Ins and Outs of Centers of Influence from September explaining the importance of COIs and how to use them to bag referrals. As you know, COI relationship building should be a broker’s highest priority. Without a strong COI or a...
The Fed Hiking Rates: What It Means for CRE
The Fed raised its benchmark interest rate from zero to 0.25 percent In December of last year. It was the first increase since the Great Recession in 2008. Experts initially expected hiking the rate as many as four more times this year, but lowered their expectations...
Health of the Commercial Real Estate Market: Looking to 2017
The commercial real estate market, just like residential markets, is subject to cyclical highs and lows. As recently as the first quarter of this year, the commercial real estate market was the receiver of positive trends that carried over from 2015. No more than two...
The Importance of Loan Broker Blogging
As a business owner, you should always be looking for ways to improve your marketing strategy. You want your business and your brand to be at the top of mind for potential clients. One easy way to accomplish this is by blogging. Essentially, blogging is a way for a...
Loan Broker Website Design
As a business owner, you are always looking for ways to market your business to make it profitable. When it comes to an online presence for your business, your website, just like your other marketing materials, need to project a professional image that stands out from...
Business Loan Lead Generation – Leads For Loan Brokers
Business Loan Lead Generation for Loan Brokers The #1 most important thing your brokerage needs is clients. It doesn’t matter if you’ve just started your brokerage business or have been operating for decades, you won’t get anywhere without them. So, how do you get...
The Power of In-Person Loan Broker Mentoring
It’s well known that in business, having a mentor is immeasurably helpful. When questioned about their professional accomplishments, you'll find that most successful entrepreneurs credit at least one mentor. It's the men and women who are able to take in the wisdom of...
COIs and Referrals: Building Your Commercial Loan Broker Business One Relationship at a Time
Have you ever wondered what the secret is to successful commercial loan broker business? The simple answer is referrals. Everyone appreciates a good referral. Referrals are great because they take less effort with big payouts; you don’t have the usual obstacles to...
Content Is King
In today’s digital marketing world, if you’re not making the effort to create quality content then don’t bother at all. Content marketing is not a new concept in digital marketing, but it is more important than ever. Content is king and it is increasingly working its...
Top 5 Tips for Productivity as a Loan Broker
Commercial loan brokers have to juggle a lot of different tasks during their working hours which can be overwhelming. With all the important tasks that need to be completed, it’s easy for some things to fall to the wayside, and not be done by the end of the day....
Selecting the Right Lenders to Work With
Many brokerages provide their clients with financing through their relationships with alternative lenders. As a result, brokers need to have a network of lenders available to be able to match clients with in order to get them the funding they need. Having a...
Alternative Funding & Loan Options for Business
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...
Content is King: Business Loan Broker Websites
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...