Success as a commercial finance broker does not depend upon knowing only one lender or understanding only one financial product. Successful brokers continually improve their industry knowledge, develop new prospecting strategies, build stronger referral relationships, […]
For factoring brokers, one of the most frustrating situations occurs when an otherwise attractive prospect cannot be funded because another lender already holds the senior UCC position. The company may have a bank line, an […]
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When individuals decide to enter the commercial finance industry as full-time factoring brokers or consultants, they often focus first on acquiring knowledge. They study factoring, asset-based lending, purchase-order finance, equipment leasing, and other funding products. […]
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