Articles on How to Become a Commercial Loan Broker
Key Metrics: Using Numbers to Grow Your Commercial Loan Broker Business
When launching, loan broker business owners are focused on establishing those first few critical connections with bankers, lenders and borrowers. When they are putting so much of their time into networking and creating a foundation for their business, many brokers...
A Day In The Life of a Commercial Loan Broker
Commercial loan brokers act as a matchmaker for lenders and businesses who have been denied a traditional loan. A loan broker is often the last resort for businesses in need of funding and the loan broker needs to be ready to provide that funding. Every day is...
What MUST a Commercial Loan Broker have in their pitch deck? The Ultimate Guide
What MUST a Commercial Loan Broker Have in Their Pitch Deck? The Ultimate Guide KEY TAKEAWAY: Your pitch deck isn’t just pretty slides—it’s your silent partner that helps you you say the right things, at the right time, in the right way. Master this critical tool, and...
Business Loan Brokers: Top 5 Tricks for Marketing Online
Online marketing has become standard operating procedure.. Almost every business, large or small, has a website and uses social media for marketing. Business loan brokers, however, face a few challenges when marketing online that traditional businesses do not have to...
5 Steps to Building a Smart Referral Network
As a business loan broker, tending and growing your referral network will be one of the most important aspects of your daily business. Half of your time (or more) will be spent building and nurturing your referral relationships and creating a network of trusted...
Not All Brokers Play by The Rules: 5 Pitfalls to Avoid When Working with Other Brokers
Networking is one of the most important parts of business loan brokering and there are many opportunities for networking to take place. But, how do you know that the brokers that you are working with are playing by the rules? Working with other brokers is part of the...
Due Diligence – The Broker’s Deal Maker or Deal Breaker
Trust is one of the first words that comes to mind when describing the relationship between commercial loan brokers and their clients. Not only do you want your clients to trust you, but you also need to be able to trust your clients. Due diligence is one of the very...