Everything great starts with a great question. And this question came in 2012… Over the years I had helped bankers, brokers, CPAs, and business attorneys to price and place loans for numerous clients. All of this work had taken place outside of the traditional...
As a commercial loan broker, LinkedIn can be a marketing gold mine. But with any mining, it is easy to invest a whole lot of time without striking it rich. Here are seven critical steps to make sure that you find gold quickly when using LinkedIn to market yourself as...
Centers of Influence (or COI’s for short) represent the main referral source for the most successful of commercial loan brokers. But how do you effectively and efficiently create these referral networks for your brokerage?
In today’s marketplace, your customers are shopping online. Surveys consistently find that 9 out of 10 shoppers will use the internet at some point in their shopping process. For many, this is their starting place. Whether they need a new TV or a new line of credit...
A thorough Loan Assessment is the first critical step in successfully fund commercial loan. When done properly it builds rapport, earns the client’s trust, and shows you whether a deal is worth pursuing. (To learn more about the importance of only pursuing the...
As a junior business banker back in my “Norwest Bank” days , I used to attend formal loan committees whereby we (bankers) would complete the loan review write -up’s and present to the following loan committee members: Sr. Credit Manager, Sr. Lenders,...