Welcome to our online training and business set-up center. This course is designed for desk top computer view, or wide-screen phone view. You will find 4 study modules attached, with resources for each unit. Please follow the instructions in each module to prepare to set up your business and sign up with the recommended lenders in each module. After the Introduction, you may begin with any module you like, and begin originating one product at a time! You do not have to finish the entire course before you start marketing products! This program is designed to stream line the process, and have your business up and running within 30-60 days. In fact, if you want a quick start method, start with Module 2, as it very easy to breeze through, and begin offering to business owners! Please use our online resource page also included for additional help and support! We are excited to be a part of your entrepreneurial endeavor! Please follow the instructions to first set up your business. Most of your help will come directly from the lenders you sign up with. If you need additional help please email: customerservice@nbaaz.com, for any questions or concerns you may have as you proceed through the training and business set up.
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Business Training and Set Up
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Introduction Module
This module provides a brief overview, and important steps for your training. Click to download the file, and resources onto your computer. Pay attention to the recommended steps you will take to launch your business. You will find a Standard Broker Fee Agreement in addition to the introduction module, which can be used for all of your loan types! You do not have to complete every module before establishing your business, and offering the products you have learned. You can add the others as you complete each module. Once you have grasped this introduction, move on to the products which will begin your work in the Commercial Finance Industry! | ||
| standard_broker_fee_agreement-general.pdf |
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Module 1- Hard Money Alternative Commercial Mortgage Lending
Module 1 takes you right into the meat of the commercial mortgage industry-The introduction to Bridge Loans! Originating Commercial Bridge loans can easily become the bread and butter of your business! You will be able to offer this product and more in many different ways, upon completing this module, and signing up with the attached lenders! You will also find resource files attached next to this module. These files include commercial mortgage terminology, the standard industry 1003 application, as well as instructions to completing the 1003. You will need to become familiar with these resources before moving on from the module. | ||
| alternative_lending_commercial_mortgageterminology_1.pdf |
| 1003_loan_application.pdf |
| instructions_for_completing_1003.pdf |
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Module 2- Business Advances and Business Loans
Module 2 introduces you to a product which have been gaining popularity in recent years. Merchant or Business Advances. The product started as a solution to finance future credit card sales. However, this product has evolved into a solution that allows companies to finance future sales of almost any kind! Many business owners use these loans multiple times, leaving an opportunity for you to retain repeat customers! While this is a very popular product, and one you must learn; as many of your clients will have them; To be successful you must go a step further! There are 2 business loan products, which will take your business to another level, and allow you to assist your clients even further. You will find information to these products in our resource center. As for now, get to learn the Business Advance Module, and sign up with the recommended lenders! |
| business_advances_study_module_2_revised_1_.pdf |
| general_business_advance_application.pdf |
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Module 3-Equipment Lending/Asset Lending
Module 3 gives you access to a couple of alternative lending options. You will originate financing for businesses in need of new equipment, as well as those who currently own equipment and may need cash! You will be able to refer, and/or originate these loans for businesses nationwide! This asset based lending is very common, and growing as a way to allow business owners to maintain cash on hand. Follow the instructions in your training module, to get started!! You will also find a general industry application attached! |
| business_equipment_lending_study_module_3.pdf |
| general_equipment_financing_application.pdf |
Now that you have completed your training, you are ready to offer several products! You have permanent access to our resource center for business set-up and marketing tips. While we have included 10 lenders for you to begin originating with, you may add to that list over time. Lender's products can change, and it may be necessary from time to time to search out other lenders. PLEASE VISIT THE RESOURCE CENTER OFTEN! WE WILL we will continue to add new lenders, and products to our resource page to keep you informed! Marketing is the life line of your business. Visit our resource page for tips on marketing, and your free lead source! Most of your assistance will come directly from the lenders you sign up with . They will assist you in offering their products, and with any questions you may have.