What you'll learn
What Does A Business Loan Broker Do
How To Setup A Loan Broker Business
The Loan Products That You Will Offer
Different Types of Business Lenders
Find & Package Deals
Getting Paid
Requirements
There are no required financial skills or sales background, but both of those help. However, most people are successful when they are good communicators, tough minded, and detailed. All you need is a laptop and phone.
Description
Opening up your own business loan brokerage company and becoming a business loan broker is not difficult and has low startup costs, but being a successful business loan broker that has a sustainable competitive advantage for many years while earning an income that supports your desired lifestyle is a totally different story.
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You can start with zero experience and scale the business to 5 or more sales reps with the right business loan broker training.
Business loan brokers, also called commercial finance brokers, business finance brokers, and ISOs(Independent Sales organizations) have great flexibility in their business with regards to where they operate their business, what products they offer, to whom, and when. There are pros and cons to everything when growing your loan broker business so there isn't just one way to build it. Thus, even experienced business loan brokers will benefit from some of the tips and advice we give or lenders we can connect you with.
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Learning how to start a loan broker business does not require any prior knowledge of finance although it helps. Being able to communicate effectively is a good attribute but that goes for almost anything in today's economy. All you need to start a loan broker business is a strong will to succeed, a desire to be your own boss, and a tried-and-true process that you can execute effectively. Our business loan broker training will guide you down that path.
Who this course is for
This course is for anyone who has the desire to be your own boss, grow a business, and help other business owners.
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