Benefits of working with a commercial loan broker instead of a bank

Working with a commercial loan broker has many benefits. We’ll go over these benefits;

· Access to multiple lenders

· Financing knowledge

· Save time and money

Commercial brokers tend to work with multiple lenders since not every lender has the same criteria for lending in specific industries. Having relationships with multiple lenders helps know which lenders are best fit for the client’s financing needs. Team BWCA does not work with 100s of lenders but with a good amount so that we can have built strong relationships with lenders and can get loans closed for clients that many other lenders would not touch.

Commercial loan brokers will have knowledge of how your loan will be structured. Depending on the type of loan you are seeking, they will know which lender would best work for your and also obtain the best terms and conditions. Team BWCA not only have extensive experience in commercial loan brokerage, but have extensive experience in commercial lending. Having closed over 1,000s of commercial loans as bankers, we can determine the best financing structure for you even before seeking a lender. We are able to be creative in structuring loan requests to fit a specific bank’s credit box.

Saving time and money. This is something no one wants to waste. Working with a commercial broker eliminates the need to go seek one lender at a time trying to get the financing you need. Working with Team BWCA helps find the best fit lender since we have already built relationships with multiple lenders for all industries. Not only that, due to our banking background we already know how to structure your loan requests so that it will meet the credit conditions for the right bank.

If you are in need of financing, out to us. Our team members are here to help you. Don’t forget to subscribe to our newsletter!