Creating a well - prepared arsenal will allow you to easily send information to lenders and borrowers and will make your commercial
loan brokerage more efficient.
Not exact matches
Building these valuable relationships will only make your commercial
loan brokerage business better and
more profitable.
Most independent business
loan brokers have
more leeway in adjusting their fees up or down than those brokers employed by
brokerage firms.
If your stocks fall 29 %, to $ 14,200, your $ 10,000
loan would equal
more than 70 % of the account's total value — and, depending on the
brokerage firm's rules, you could receive a margin call.
«
Brokerage executives have said the longer a client has one of these
loans tied to their account, the
more likely they are to use it.»
$ 25,000 or
more in linked bank deposit accounts (checking, savings, CDs, FDIC - insured IRAs) OR $ 50,000 or
more in any combination of qualifying linked banking,
brokerage and 10 % of
loan balances.
Margin debt can either be for the purpose of buying
more securities, or «non-purpose lending,» where the proceeds of the
loan are used to buy assets outside of
brokerage accounts, or goods, or services.
Invest as much into your company 401k (if you have one) or an IRA to reduce your tax burden and build wealth, invest in personal
brokerages to increase your personal returns (Robinhood is great for individual stocks, Vanguard for
more passive ETF investing), invest in lending club for personal
loan investment, or invest in HomeUnion for those looking for income streams from housing.
Crouse joined NorthMarq in 2008 when the company acquired Crouse & Associates, where he served as president / owner and had a direct role in
loan originations and property
brokerage transactions totaling
more than $ 1 billion.
More than income, adding
loan origination to a list of services gives salespeople at a small or mid-size company a chance to offer something close to the one - stop shopping packages offered by larger
brokerages.