Commercial Finance Broker
A commercial finance broker is similar to a commercial loan broker but emphasizes the full spectrum of commercial funding products, including non-traditional options like factoring, asset-based lending, and alternative financing. This path suits people who want maximum product flexibility.
Common deal types
- Traditional Commercial Loans
- Alternative Lending Products
- Asset-Based Lending
- Invoice Factoring
- Equipment Financing
- Merchant Cash Advances
- Purchase Order Financing
- Revenue-Based Financing
Frequently asked questions
Is commercial finance brokering passive income?
No. All commercial finance brokering requires active prospecting, deal packaging, and follow-up. Income depends on effort, skill, and market conditions.
Do I need a license?
Licensing requirements vary by state and product type. Research your state requirements or ask about this on your CLBI call.
How much can I make?
Income varies widely. There are no guarantees. Commission structures differ by product type and deal size.
Do I need experience?
Not necessarily. Good training programs should teach you the fundamentals. Backgrounds in sales, finance, real estate, or insurance can help.
How long does it take to close a deal?
Deal timelines vary by product type and complexity. Some products close faster than others. Expect 30-90+ days for many commercial transactions.
How do I use the CLBI referral discount?
Ask Josh to apply your $200 Kick Start discount. Executive and Elite savings are $1,000 with EXEC1000 and ELITE1000 respectively. CLBI confirms eligibility and final payment terms.