Same Same - But Different

As a Finance and Mortgage Broker, dealing in Commercial Loans is “same, same but different.” The fundamentals of finance/lending considerations and the basis of the products is the same. The difference lies in recognising you’re dealing with someone who is wearing a different hat and approaching decisions with a different demeanour.???

In the world of Finance and Mortgage Broking, the phrase “commercial finance” is uttered many, many times. However, despite it being common jargon within the industry, this phrase can conjure uncertainty and confusion for some residential mortgage brokers, unaware of the options available for them to assist their clients.

A commercial loan is simply a loan that is extended to a business (rather than an individual) by a financial institution.?

Commercial loans are generally used to purchase?long-term assets, (e.g., funding a commercial property purchase, buying new equipment),?to help fund day-to-day operational costs (e.g., increasing working capital), or funding other business activities.?

Commercial loans can ultimately be used for any purposes required for the business – acquiring assets, purchasing supplies, meeting daily operational costs, paying payroll, etc.?

A savvy Finance Specialist knows how to have the right conversation with someone wearing their business hat, research and recommend financing options (at a competitive interest rate, with appropriate security and from a vast network of lenders), and provide great business solutions, saving your SME clients time and money.?

Become the savvy SME Finance Specialist for your self-employed client base.?

If you’re looking to extend your finance offering and build a list of business clients, the Business Finance Certification positions you as an SME Finance Specialist, so you can help your clients succeed and prosper. For more information go to:

https://www.elevateb.com.au/bfclp