Equipment Finance Broker
An equipment finance broker helps businesses acquire the equipment they need through leasing, financing, and loan products. This is one of the most tangible broker paths because every funded deal has a physical asset attached to it: a truck, a machine, a piece of technology.
Common deal types
- Equipment Leases (FMV and $1 buyout)
- Equipment Loans
- Sale-Leaseback Transactions
- Construction Equipment Financing
- Medical Equipment Financing
- Manufacturing Equipment Financing
- Restaurant Equipment Financing
- Technology and IT Equipment Financing
Frequently asked questions
Is equipment 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.