How brokers can expand their lending networks by diversifying into small business lending – and help their small business clients solve problems with fast, flexible funding.
Prospa partners may already be working with many clients who are also small business owners and sole traders looking to fund their next venture, plug a gap in cash flow or make essential repairs or purchases.
By providing credit to those small business owners, you can help them pursue their strategic objectives and achieve growth. This makes small business lending a potentially untapped opportunity for brokers to diversify their networks – and provide help to small businesses when they need it most.
Prospa, in partnership with the Mortgage and Finance Association of Australia (MFAA), has compiled advice for brokers in an eBook that explores how to make the most of the opportunities of small business lending.
Here’s a rundown of five ways brokers can broaden their client base by diversifying into small business lending and help small business clients solve their problems with fast, flexible funding.