Save your legs and call a finance broker for a tailered finance solutions

How do you match a loan and lender to your needs? Rather than running around finding out the details of each and every lender and loan, draw on the knowledge of a Finance Broker.

One of the benefits of working with a finance broker is the extensive menu of loan options they have at their fingertips. But given such a wide choice, how does your adviser narrow down the options to find the right loan for you?

Finance Brokers have access to different lenders. These might include the big four banks, second-tier lenders such as Macquarie Bank, Bankwest, and Citibank, and a raft of niche lenders such as Liberty or Pepper, which offer loan options for people who may not meet the lending criteria of the top banks.

When it comes to making loan recommendations, a finance broker looks at a number of different factors.

First, we will talk to the client about their goals. They may want a loan with a fixed term, or they may want a facility with a low fee structure or prefer a lender with a branch. Each client is different.

Many finance broker gives each client three loan options and makes sure the options meet their requirements across a range of criteria.

If the borrower has no specific requirements, finance brokers will most often take into account interest rates, how fees impact the life of the loan and how portable the loan is.

While interest rates are the most critical factor, it’s not the only factor. As well as the loan’s fees and interest rates, the lender must also match the client.

Please contact Concept Funding to discuss your business goals and objectives.

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