The irony of modern day business stems from the fact that a “short term” solution to a “long-term” goal can actually be ideal. Ever heard of a “part-time” job? Or maybe something like “minimum wage”? These are descriptions given to things that are inherently an oxymoron. A part-time job is actually something that employers expect us to 100% commit to. The “minimum wage” is actually mind-boggling when you think about it because it is not proportionate to your abilities, your experience, or the tasks of the job. Also, why is that the “minimum” they pay you? Critical thinking is important, and it is how we could design a comprehensive short-term finance training to help you maximize your profits as a business lending broker.
What Is Short Term Finance Training?
Short-term finance usually refers to a loan with a shorter loan-term than other traditional loans. It means the interest rates could be lower because the money is going to be paid back faster, and it also means a broker’s fee in the deal is going to be different.
Although a loan of this type has the potential for residual profits (where the broker is paid in full over an extended period or during the full length of the loan term) a onetime commission can also be more ideal depending on the circumstances of the client and the lending options at your disposal.
To better explain, let’s give an example.
A business client needs money, they decide to work with you, and you introduce them to the lender/ lending option. If they want money quickly, and don’t want to pay an enormous amount of interest, a short-term loan can be ideal because it means the entire transaction between the client, broker, and lender, is going to be faster.
Yet amazingly, many training programs don’t cover this kind of lending option very well, and that means many lending brokers miss out on these opportunities.
Is Short Term Financing Profitable?
Assuming you know how to structure the deal like our students do, then yes, it is profitable. In fact, if you know how to maximize profits on an opportunity like this, it can be extremely profitable. (Especially if the loan is large)
The problem facing many businesses today involves a lack of capital. There can be many reasons why a business needs a loan (and those reasons matter) but modern day lending has become the norm, not the exception. (Especially after what is estimated to be over 31% of small businesses closing in the US in 2020)
Because of how the economy and political trends have developed over the last decade, online lending through a broker has reached an apex of popularity. (There has rarely ever been a better time to become a business lending broker)
But Wait, I Thought Businesses Suffer In A Bad Economy Like In 2020?
Yes, they do. But as a business lending broker, you can profit on a bad day and a good day. So whether a business is in retail, marketing, auto sales, or even renovations, they all need money, even when things are going well.
There are several reasons a business might need a loan, and it isn’t always a negative one. (See our full-length, huge article on the various why a business needs money, and how you can profit from that)
To lightly touch on that topic, it would be prudent to note that this isn’t a business model that will run apart from you. It is fully possible to make money within 30-60 days from enrollment in our program, but that is up to you. To create something that runs 100% independently of its maker is a rare occurrence. Even wealthy business owners checkup with their CEO’s regularly. Business isn’t about doing nothing for the rest of your life, it is about creating the best possible lifestyle to accommodate your dreams and goals. (Something McDonald’s, customer service jobs, and construction work will never do for you)
Cause when was the last time someone said it was their dream to work in a fast-food restaurant or do back-breaking labor in a construction zone?
And don’t even get me started about how negative the customer service industry has become.
We Don’t Rely On Cold-Calling, We Have Positive Strategies
Inbound marketing and personalized campaigns are easily the most powerful advertising methods currently. The concept of having someone call you for your services after they saw a personalized ad campaigns has become the bread and butter of corporations everywhere. If you don’t know your audience and using that information to optimize a marketing strategy, what the heck are you doing?
If you aren’t aware of how ineffective cold-calling has become, you need to update. Even cold-callers are now using personalized offers, keeping up with the times.
We don’t live in the medieval or dark ages. At least in Western Civilization (E.g. America, Canada, United Kingdom, etc). There are limitless opportunities to connect with people who have money to spend on something they’re interested in. In times past, there weren’t many ways to do strategic research. T
he only way to learn about your potential customer was to study buying trends and abstract economic factors. (Occupancy, surveys, specific demographic information when available, etc.)
But now social media is connected to virtually everything. YouTube, Google, Microsoft, Apple, and other big-tech corporations are constantly monitoring people’s activities online. (And 62% of people don’t care whether a company has their information or not!)
So why not capitalize on this and learn how to make offers to clients that you know they will appreciate? (Because most consumers expect companies to anticipate their needs. That data was included in the aforementioned link)
Start Making Money, Get Financially Free With Our Short Term Finance Training!
My name is Oz and I am the creator of Business Lending Blueprint. I designed this system as a way for anyone of any skill level to become a lending broker. This isn’t rocket science. And it sure as heck costs less than the college tuition our competitors charge (minimum 20K in most cases).
Take advantage of this opportunity and have us come alongside you. We’ve done this before and know exactly how to help you make the business you dream about.
Join the revolution!