I’m Considering Becoming a “Loan Broker”.
A day does not go by that we do not receive multiple emails (spam) from loan brokers (or “consultants”) offering their services as they recently invested time and resources attending a course (in person or online) on how to offer business loans. Sadly, many of these individuals are ill-prepared to help business owners who are receiving countless similar emails and phone calls from other new start-ups.
The sheer level of competition alone from seasoned professionals, and the countless numbers entering the field each month often prevents these new start-ups from being able to get their business going.
Valcor has been providing clients access to capital without competing against the large numbers of biz-op seekers who have saturated each town and city throughout North America. Since we are already working with business clients on their business restructuring and debt mediation issues, we are positioned to help with capital when needed.
With access to over 300 lending groups and private equity firms, if a client qualifies we can provide quick turn-around on capital acquisition which helps complete the business restructuring, in many cases buying out discounted payoffs with banks and lending institutions using our systematized approaches, often times at 30% to 70%.
We strongly urge anyone considering becoming a loan broker to determine your competition as there are literally thousands of individuals offering “professional” commercial lending, and newly trained people entering the space each month.
With multiple loan broker (consultant) training companies incentivizing sales reps to fill seats, along with the online get-quick-rich programs all promising wealth, we recommend our potential Licensees to understand the marketplace, competition and the challanges facing those considering offering business loans as a full time business. No new business is easy. Massive competition makes anything almost impossible.
Should you wish to discuss this further please contact us for details.
Topics: Small Business,
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