A Broker is Only as Good as Their Lender
There is a saying in the finance world that a broker is only as good as their lender. The best broker in the game can let their client down, not because they are incompetent, but rather because their lender is.
At HomeSec Business Finance we have a growing community of brokers, who are loyal, because they know they can count on us, and we know this because of the feedback we get each week, but mostly what it comes down to is this…
And, we'd like to give you two short scenarios to help you get a feel for why we get so much repeat business...
Example 1: Henry phones HomeSec, because his client needs $250k by the following business day to commence works on a building project. HomeSec is satisfied the figures stack up and can settle the short term business loan by the following business day, provided we receive the relevant information from the client.
Example 2: Wally phones HomeSec with a client, who also requires $250k to commence works on a new building project. HomeSec comes to the conclusion the figures don’t quite stack up and so immediately declines the short term business loan, saving his client a lot of time and money and the broker his reputation. Wally and HomeSec Business Finance remain on solid terms because at the end of the day, all any of us want is a straight-up honest answer.
Who says we can’t settle a loan in 24 hours?
At Homesec Business Finance our motto is “Business Loans funded in just 24 hours!” We have lost count of the number of times we have heard the words “impossible”. Well we are here to tell you that it is not impossible nor is it out of the ordinary for us.
The processes we have in place for funding our Short term business loans are slick to say the least, but we are not giving away any trade secrets today however a recent settlement saw us pull out all stops to make sure that we did fund in 24 hours.
Clients and brokers come to us because of our speed. We don't always appear on face value to be the cheapest (a fact we do not hide) but we are the quickest.
Just last week we had a client who needed funds the Monday before our Cup Day holiday. The client applied on Friday and our letter of offer was issued within 2 business hours, everything was on track and going smoothly until their solicitor delayed the signing of the documents until late morning Monday. Not to be deterred we still had plenty of time to arrange settlement of the loan. However there seemed to be forces working against us, firstly the delay in the signing of the documents, then their solicitor missed a crucial ID requirement which meant the client’s had to re-attend his office at 4pm. This left us no time to arrange a courier to collect the documents and arrange lodgement of our security, most funders would have called it a day, not us however we found a solution - the client became the courier and returned documents to our office. The fun was not over yet, a last minute change to the client’s disbursement meant that they needed to re-execute another settlement authority, it was now 5.30pm the day before a public holiday, again most lenders would have given up, but we persevered, the amended authority was returned to us via email at 5.57pm 3 minutes before our banks cut off to process the funds.
Transfer completed and happy clients. Homesec prides itself on finding solutions to assist clients with their short term funding needs. Business loans funded in 24 hours? Yes we can!
If a business client comes to you in the next 5 minutes and says they need $300,000 BY TOMORROW.... Do You Have The Solution?
We all know that the ONLY solution (apart from generous relatives) is a Short Term Business Loan.
However, it's something a lot of brokers don't think about until the moment arrives, and then it's a mad panic to find out who to trust, and who can deliver funds in just 24 hours. Or some brokers may even just turn the client away.
This is where YOU can benefit by making sure you are already on board with Australia's Fastest National Short Term Business Lender.
Partnering with us is Free, & takes just 2 minutes.
Plus there is no paperwork to supply. It's just a quick online form and then you are automatically on board. Then you receive your own personalised links to your application forms, and access to the Broker Portal.
You can then lodge your own applications directly into our system, and receive automatic updates at every stage, and your brokerage is automatically paid directly into your account on the day that each loan settles. It's just so Easy!
So if you want to BE THE BROKER WITH THE SOLUTIONS, Partner with us today. CLICK HERE and within 2 minutes, you will be on board.
If there’s one thing that continues to utterly confuse us, it’s brokers who keep going back to private lenders who stuff them around, demand excessive upfront fees from their clients, and waste weeks of their time.
It happens in all walks of life. It's safe to say we’ve all got that one friend who keeps going back to the guy or girl, who’s clearly no good for them, and unfortunately some of us have to learn the hard way…over and over!
Meanwhile when you deal with HomeSec Business Finance, we’ll give you a yay or nay within 30 minutes, because we don’t believe in playing games with you or your client, or screwing you over with valuations and upfront fees…sorry we know it’s a tad crude, but we couldn’t resist…
Time and time again we have brokers exclaim to us that they can’t believe how easy it is to deal with us, and that’s because life doesn’t need to be complicated folks! Just look how simple it is to deal with us.
You can be rest assured, we'll give you a lot of love at HomeSec.
A quick reminder to our finance brokers about our Spring Carnival promotion, settle a loan over $230k with HomeSec Business Finance and we'll give you a $1000 Sports Bet Card, in addition to your usual brokerage fee. CLICK HERE to check out our other rewards on offer in the Brokers Club.
When it comes to service, speed, integrity AND RESPECT, there's only one lender you need to remember and that's HomeSec Business Finance. Click here to see just how simple it is to apply for a short term business loan. It takes just 60 seconds.
To become a successful finance broker with repeat business from a loyal base of clients, it comes down to having 3 very important cards up your sleeve.
THE THREE MOST IMPORTANT PRODUCTS EVERY BROKER NEEDS
1. A contact at one of the big 4 banks who you are on first name basis with, that you can call at any time. Remember the old saying.... "It's not what you know, but who you know". So get to know that person well.
2. A relationship with a non-conforming lender for self-employed business owners. This is a must for when you come across self employed clients, or clients with a difficult or patchy credit or repayment history. Sometimes it's not all about getting the client a better interest rate. Sometimes it's about rescuing the client, and providing a solution that fits.
3. Us... HomeSec Business Finance. This is for when your client needs money for an urgent business opportunity tomorrow. "Cash is King" as the late great Kerry Packer used to say. Small businesses get opportunities every day and you can’t take advantage of them if you don’t have funds readily available. Also remember that if your client doesn't have the cash, your clients competitor possibly will, OR your clients' competitor knows they can get the funds in 24 Hours from HomeSec Business Finance.
These 3 products are the most crucial for a broker to be armed with, as they cover the most common funding requirments for a client.
The reality is that most brokers have on average over 40 lenders on their panels, and would be lucky to use just five of them, because at the end of the day, it’s about having quality networks that provide real funding solutions for your client’s individual needs.
Obviously our product is not something you push onto a client who just requires a standard home loan, But it is the ace card you hold when a long term client needs a SUPER FAST solution outside the square, and smart brokers know when to pull out their best cards.
So if you have a business client who has an urgent need for funds RIGHT NOW, the solution is right in front of you.... HomeSec Business Finance. 1300 93 83 87