A commercial finance broker is a finance professional that is experienced in finding the best loans for a business. Their role is to assess the many finance options that are available in the marketplace for their business clients and find the one that matches their client’s lending requirements with the best product and lender.
A finance broker allows a business to shop around for the best finance deal for their particular circumstances without having to assess all of the options themselves – which can be time-consuming. In recent years the brokerage and lender industry have developed a range of digital products that can be accessed online and often use software to make lending decisions as well as providing case management online. A broker should be familiar with the latest technology as well as being accredited through the relevant financial authority.