Today, More Than Ever Loan Brokers,
Money Brokers, Finance Consultants & Specialty Collateral
Consultants Are In HUGE Demand!
Yes, the Loan Broker, also called Money Broker, Finance
Broker or Finance Consultant is in great demand today (
Remember, like many finance terms, all these names can be
used interchangeably.)
And who is a Loan Broker? A Loan Broker acts as an
independent contractor and arranges loans or financing
between a lender and a borrower. The broker usually
represents a series of lenders since most lending
institutions specialize in a particular area of loans.
Commissions are usually paid by the borrower upon
confirmation of the line of credit by a lender or after the
first loan is made.
Many business firms inquiring with a broker will have
diversified situations that cannot be covered by one lender.
These may include receivable financing, start-up capital,
real estate mortgages, signature loans, equipment leases,
construction, and development.
A Select Group Of Loan Brokers
Offers Collateral Back Up Programs As Well
To be of better service to more clients and earn higher
fees, brokers may represent many areas of financing. In fact
some brokers offer collateral enhancements to back up their
clients project to help them acquire loans. An excellent way
for the beginner to do this is to establish a working
relationship with an experienced and reputable firm that has
all the contacts and sources to provide the required
financing.
The independent Loan Broker or Money Broker is in an
excellent position today due to the tremendous demand of
working capital, commercial mortgages and other financing in
the business community. This demand provides you with an
unlimited opportunity for monetary success and personal
satisfaction.
Indeed, the potential is virtually unlimited. Fees may
range from $500 up to many thousands of dollars for a
successful loan placement. Most brokers ask their client to
estimate the dollar volume in installment sales for the
future twelve months period. Their fees are usually set on
1% to 2% of the loan amount, payable upon a letter of
confirmation from the lender and the first loan received by
the clients.
Interested In Becoming A Loan
Broker, Money Broker,
Finance Broker Or A Specialty Collateral Consultant?
Yes? I'm glad you are. You may soon become an
indispensable part of your community and be known as "The
Financial Expert" in your area. You will be in a position to
set your personal financial future at almost any level.
Within a reasonable amount of time, you may be earning more
money than most of the doctors, lawyers or other
professionals in your area.
Experience with borrowing procedures is the important
element that enables you to justify generous fees for your
services. It is important for the professional Loan Broker
to understand the financial needs of his prospective client
and the alternative sources available for the loan
placement.
You may start TODAY without the years and money
investment necessary in most professions. As a Money Broker,
all that is necessary is dedication to service, truth in
representations, and fidelity to the ethics of membership in
the great and growing fraternity of independent financial
brokers.
Click here to read more about how to become a certified
loan broker or
complete the form, download our newsletter and sign up
for our consulting services.
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P.O. Box 402, Worcester, Mass 01613
508-753-1769
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