One of a commercial loan broker’s key skills is the ability to connect with their clients and lenders. The relationships they establish are one of their greatest assets and often determine their long-term success in the industry. But loan brokers are often independent...
The commercial loan brokerage industry is a competitive market. For every borrower, there might be a dozen brokers trying to get their attention. How do you stand out in this playing field?�? Finding your niche in the market can be the first step away from chasing...
The Small Business Administration, or SBA, is an indispensable organization for many small businesses. The SBA program helps companies throughout the country to secure the financing that they need to grow. However, the SBA’s strict requirements and numerous policies can be challenging to navigate for the first time. In this article, we break down the ins, the outs, and the key points that you need to know to determine whether an SBA loan might be the right fit for your business.
With the new year come new opportunities for growth. Most commercial loan brokerage firms go into the new year with the same plans they used in the previous year, but with proper planning, the successes of the previous year can be improved upon in the upcoming one....
A broker’s primary goal is to help their clients find the funding solution that is right for them. This is a simple goal, but successful implementation requires an understanding of how a client thinks. While the broker is familiar with the intricacies of the financial world, their clients will not be. It can be a confusing and often times infuriating place. Understanding how a client thinks can not only help move the process at a smoother pace, it can potentially save a fraught deal.