Business loan broker who works for your bottom line
One application, many lenders. We package your file the way underwriters want it, shop it to the lenders most likely to approve, and put the offers side by side so the lowest cost wins.
What a business loan broker actually does for you
A bank can only offer its own loans. A direct funder can only offer its own program. A broker’s job is to know which lender says yes to a file like yours, and on what terms.
Bank, direct lender or broker?
| Your bank | Direct online lender | Business loan broker | |
|---|---|---|---|
| Products | Its own loans | Its own program | Term loans, SBA, lines of credit, equipment, factoring and working capital |
| Credit range | Strong credit only | Usually one tier | A to D credit, through different lenders |
| Speed | Weeks | Days | Days, or weeks for bank and SBA |
| Offers you see | One | One | Several, side by side |
| If you’re declined | Start over somewhere else | Start over somewhere else | We move your file to the next best fit |
How brokers get paid, and the red flags to avoid
No surprises
- No application fee and nothing paid up front
- Brokers are usually paid a commission by the lender when your deal funds
- Any fee you pay at funding should be written in your offer, in dollars
- Ask any broker to explain their pay in writing. We will.
Walk away if a broker…
- Asks for a fee before you’re approved
- Guarantees approval before seeing your bank statements
- Pushes a merchant cash advance before checking for a loan
- Stacks a second or third advance on top of one you have
- Can’t show a license (in California, a DFPI license)
As seen on ABC 10 News San Diego
“Banking on Business”: equipment funding.
Turned down by your bank? What to do next.
Loan programs we broker
How working with our brokers works
- Apply onceA 3-minute application with a soft credit inquiry.
- We review and packageAn account manager reviews your statements and picks the right lenders.
- Compare offersWe walk you through each offer’s total cost, payment and term.
- Get fundedYou pick the offer. Working capital can fund in 24–48 hours.
Business loan broker: FAQ
Is it better to use a business loan broker or go direct?
If you have strong credit and a bank relationship, start with your bank. If you’ve been declined, need money quickly, or want to compare several lenders without filling out several applications, a broker usually saves time and money.
How do business loan brokers get paid?
Most are paid a commission by the lender when the deal funds. Some charge a fee at funding. A reputable broker will tell you how they’re paid, in writing, and will never ask for money before you’re approved.
Will a broker hurt my credit?
Not with us. We pre-qualify with a soft inquiry and send one file to the right lenders. Some products, like equipment financing, may use a hard inquiry at final approval.
Do I need a licensed broker?
Yes. In California, commercial loan brokers must be licensed by the Department of Financial Protection and Innovation. Liberty Capital Group holds CA DFPI license #60-DBO49692 and NMLS #2009539.
Do you only work with California businesses?
No. We’re based in San Diego and fund businesses nationwide through lenders that lend across the US.
Let a broker do the shopping
Apply once and see offers from multiple lenders, with a soft pull.
Educational information only; not legal, tax or accounting advice. All approvals, rates and terms are subject to credit, time in business, cash flow and lender guidelines. Liberty Capital Group, Inc. NMLS #2009539. CA DFPI #60-DBO49692.