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How I Became “Lucky” As A Business Loan Broker and Why You Can Do It Too!

10-29-17 BLC Blog I think I underestimate myself. Even after all these years, I think I got lucky. Lucky in many respects. Great wife, healthy (and smart kids), a pretty nice house (that is paid for), a pretty nice boat (also paid for) and a weird and unconventional career that allowed me to evolve through…

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10 Things That will Cripple You In Getting Started In Your New Business

10 things that will cripple getting started in your new business… Waiting for the perfect name for your business. Waiting for the perfect logo. Waiting for the perfect website. Waiting to have the perfect business cards. Waiting to have the perfect brochure. Waiting while you decide on what type of corporation to form. Waiting to…

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Email Question From Newbie Asking The Most Common Question “How Do You Find Deals When You First Get Started?”

Here is an email I recently received from a young professional who, at the young age of 21, already has some experience working as a sales representative for a loan broker. Unfortunately, his experience a sales representative for this broker has not been a good one. His story is not completely uncommon when working for…

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10 Things That Require Zero Talent

I found a need to post this. Enjoy.

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Whether You Want To Become A Business Loan Broker or Not… At Some Time in Your Life You Need to “Jump”

This is an awesome speech that Steve Harvey gives to the crowd after (or possibly before) taping of the Family Feud. I think this way all the time. One of my biggest regrets in my life was waiting too long to jump the first time. I thought it was worthy of sharing here on as…

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Pricing Your Deals – “The How To Guide”

Pricing your deals as a business loan broker is a basic function for a commercial loan broker and while it can be a bit of an art in some areas of your business, it is not an insurmountable task. Pricing your services will be needed to broken down into two broad areas. Commercial real estate loans…

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Your Next Life Changing Moment – Becoming a Business Loan Broker

All the cliche days: high school graduations college school graduation your first day at a new job the day you get married the day or days your kids are born maybe the day you get divorced funerals of close friends or family members the day you decide to start your own business They all throw…

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Show Me The Money – How You Can Make Really Great Money Brokering Business Loans

My mother-in-law is a good egg. Her health has been deteriorating over the past few years. Last month my wife and I decided that she should move in with us. To prepare for her moving in, I needed to empty my office as she required space on our first floor and my office was the…

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Brokering Business Loans and Internet Marketing

I started my business loan brokerage business in December 1999. It was during the dot.com boom. Problem is… that boom only lasted about 8 to 9 months before the bottom started falling out and the dot.com boom became a dot.com bust. For most businesses, the dot.com bust did not create a problem, for me it…

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Why You Should Choose a Smaller Niche as Business Loan Broker

The opportunities are endless for business loan brokers. There are many areas that you can focus on once you learn the business. Before I explain choosing a niche, I should explain that you can become what they call a “generalist” when brokering business loans. As a generalist, you will do commercial real estate loans, equipment…

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