The best part of this business is that there is no loan broker licensing required for business loans and our funding sources do not require that you have any prior experience in this business. There is no testing or financial qualification required for entering this profession. You can do business in your own city, your own state, or across the nation right from your home. Many of the funding sources we will provide to you will fund your loan and pay you a loan broker commission with little more than a name and phone number. You do not have to package and process the loan, our lenders will do that for you.
A Business Finance Consultant (BFC) operates in the same manner as an independent insurance agent. An independent insurance agent works with many insurance companies and finds the best policy at the best price for the customer. With the help and support of The Loan Consultants, your role will be to arrange a variety of asset-based financing products funded by a commercial funder that specializes in that product. The borrower also doesn’t have to pay more to use your services. In fact, the borrower can often save money or obtain financing not offered by banks.