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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Diversified Funding
International
The COMMERCE BANK Building
P.O Box 402, Worcester, Mass 01613
508-753-1769
Fax 775-406-7017
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2002-2005 Diversified Funding International. All Rights Reserved
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