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Finance brokers often have to weigh up the cost vs. benefit of taking applications from borrowers seeking smaller sums or shorter term loans. Complex application processes, less than perfect applicant history and small commissions make these deals unattractive for many brokers.
Commerce Credit understands the headaches that many brokers face, and has streamlined the application process for its smaller loan facilities, allowing brokers to complete deals they otherwise would not have done without the time and effort required on some other types of lending.
Brokers are able to access a secure area on Commerce Credit's web site. This area contains all the information a broker needs to assess a potential deal. If an applicant meets the basic criteria, an application can be submitted to Commerce Credit either via the web site, or over the phone. The whole process usually takes less than 10 minutes.
Commerce Credit will then handle the rest! Collection of supporting documents, all verifications, document preparation, client interview and drawdown are all taken care of. The broker can then get on with building their business.
Additionally, once a client has been introduced by a broker, all future dealings with the client are in conjunction with the broker, assisting them in managing their client relationships.
If you are an accredited broker, and would like more information, simply call us on 1300 166 639.
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