Transparency Relationships Accommodate Meaningful

Business Loan Broker in New York

Blending Fin-Tech & Support
Obtaining Working Capital
Fast & Easy Process for Finding You The Best Small Business Loan

Term Loans

Short & Long Term
$10,000 – $2,000,000
7% – 24%
Funding in 24 - 48 hours
6 months - 10 year terms 7% - 30%

Equipment Financing

Loans Up To $5 Million
Up to 100% of Equipment Cost
Rates as low as 6.59%
1 – 8 Years or Expected Life
Funding in 2 days

Lines Of Credit

Loan Amounts
$50,000 – $500,000
6 Months – 2 Years
7% – 24%
Funding Same Day - 3 days

How to Apply For Business Loans

STEP 1. Apply & Connect

Complete our digital application in a few clicks!

STEP 2. Match & Review

Consult with knowledgeable Business loan Advisor in New York and get matched to 1 or more of the right lenders from our 75 + marketplace.

STEP 3. Get Funded

Receive financing in as little as a few hours, and get back to growing your business!

Become a Partner

Gain access to exclusive financing products for your clients

Submit an Application

Submit a simple application to become a Referral Partner for TRAM Funding

Onboarding

Speak with one of our Account Managers to get you on-boarded in our system

Earn Commission

Speak with one of our Account Managers to get you on-boarded in our system

More About New York Business Loan Broker

A Business Loan Broker is a person or company who acts as an intermediary between small businesses and various lending sources to allocate Capital across multiple verticals.

They use their industry knowledge, experience and most importantly, their working relationships to provide introductions to the most favorable terms, competitive rates while providing expert guidance throughout.

Brokers streamline the process & reach out to the proper lending sources on your behalf, mostly through direct API submissions, providing fast and multiple offers in real time. 

Business Loan Brokers simplify the loan application experience. They streamline the process by connecting you with multiple lending sources offering various Business Loan products.

Full service - From the Application process through the Required Documentation & Paperwork and the Closing procedures.

Additional services might include analyzing your Business finances, Estimating the Capital required, Merger and/or Acquisition, Expansion or Exit Planning.

Brokers typically earn fees, or commissions for their services. It could be either a flashy a percentage of the loan amount or another structure.

Transparency is essential. Anecdotally, fees typically range from 1% to 10% of the total loan amount, but can reach as high as 20%. 

Commission percentages depend on the size of the loan, with Smaller loans subject subject. to a higher percentage. - Some Business loan brokers. will add their fees. include in the interest rate of your financing others. will charge you separately after you close the loan. Again, transparency.

Experience! - Make sure your business loan broker should has a wide range of relevant experience & work with a wide network of lenders and be able to meet your unique financing needs. - Sample questions might include...
 
How many Lenders will see my Application? 
 
A broker should have a sizable network and be able to submit your application to several targeted lenders to help you get the best possible loan offer. Lenders can be Banks, Hedge Funds, Foundations, Philanthropies, Foundations, Endowments, Family Offices, Reg D and Large Private investors. 
 
What are your Processes? 
 
Before agreeing to work with a new broker, you want to understand what's included in their services, how they operate and your involvement. - Complete your application only, or walk you through the entire process from Required Documentation & Paperwork and the Closing procedures.
 
Once an offer is received, a broker should give you time, typically one to three days to consider an offer prior to giving your decision. If getting pushed into a transaction, you may want to find another broker.
 
How long does getting Funded normally take?
 
Loaded Questions, each deal is different. Timelines vary depending on the Deal, Product, Structure and Sector and their lending network.
 
For example: Equipment - 4 hours  |  Business Cash Advance - 2 days  |  A/R Financing - 1 week  |  Real Estate - 1 month.
 
If you need financing quickly, you want to make sure that the broker / brokerage has the technology access to lenders who offer fast business loans. 

A Business Loan Broker does not lend any money. - They WORK for YOU! -

They utilize their network of Funders / Lenders and expertise to help coordinate the business loan application process.

Business Lenders are institutions that loan out money directly from their own accounts to Business Owners.

Loans will be directly underwritten & Docusign paperwork directly from the Funding Source.

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