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Why And When You Should Use A Business Loan Broker
What is a Business Loan Broker?
A Business Loan Broker (Commercial Loan Broker) helps small business owners by arranging business financing through a network of business financing products and lenders and funders that the business loan broker has built a relationship with over time. Business loan brokers identify the need of small business owners and then offer the financing products to suit those needs. Business loan brokers charge typically earn fees from the referring source (lender or funder) and do not collect fees upfront or at funding or closing for their services from their client, the small business owner. Working with the right broker can make a huge difference in the profitability of your business long term. They are an ASSET, not a Liability.
A Business loan broker specializes in providing a wide array of small business financing products including, but not limited to; Long-Term Business Loans, SBA Loans, Business Lines of Credit, Short-Term Business Loans, Merchant Cash Advance, Business Cash Advance, Equipment Financing, Invoice Financing, Asset Based Lending, Accounts Receivable Financing, Commercial Loan, Commercial Real Estate Loans, and Consumer Financing.
