How To Start A Money Brokerage Busin

How To Start A Money Brokerage Busin



HOW TO START a​ MONEY BROKERAGE BUSINESS
...and Earn $100,​000 a​ Year,​ Collect Large Fees Helping
Others....and Borrow All the​ Money You Need
Becoming a​ Money Broker is​ one of​ the​ easiest and most rewarding
endeavors available .​
Virtually anyone can become a​ Money Broker
with the​ smallest investment .​
You can start this business on​ a
part-time basis,​ and earn large Finders Fees,​ or​ open your own
office and work fulltime with absolutely unlimited income
potential.
Until very recently,​ the​ secrets of​ money brokering were
closely guarded and known only to​ a​ few select bankers,​
investment corporations,​ and business consultants .​
No other
business offers the​ potential income figure for so little
investment! As an​ example,​ starting with less than $100,​ some
money brokers have made $100,​000 their first year in​ their
business! This is​ the​ ideal way for a​ man or​ woman to​ supplement
his or​ her present income,​ or​ change professions after a​ period
of time .​
It is​ an​ absolute dream-come-true for the
semi-retired,​ or​ retired office worker.
There is​ hardly another business requiring less than $100 in
start-up cost that can put you in​ a​ six-figure income bracket so
quickly .​
None of​ them give you the​ power,​ prestige,​ or
status---respectability in​ your community---equal to​ that of​ the
Money Broker.
To get started,​ you'll need stationary,​ envelopes,​ and business
cards with your own letterhead .​
When ordering,​ be sure to​ include
your phone number .​
Also have copies made of​ your Fee Agreement.
We have presented a​ typical Fee Agreement form (which you may
duplicate after eradicating the​ instructions we​ have given in
blanks)
As we​ started,​ the​ investment in​ this business is​ small; when you
have your stationary,​ envelopes,​ cards and the​ Finder's Fee
Agreement in​ hand,​ you have spent part of​ it .​
The other part will
be discussed now,​ because you have to​ find both borrower and
lender to​ really get underway.
Once you have your working paper,​ you will run some
advertisements in​ your local paper under the​ headings money to
Loan,​ or​ Business Opportunities .​
Typical ads might read:
MONEY AVAILABLE FOR BILL CONSOLIDATION,​ HOME REPAIR,​
BUSINESS EXPANSION,​ ANY WORTHWHILE PROJECT CALL JOHN
423-8821
(This ad would be used to​ pull BORROWERS)
BUSINESSMAN NEEDS CAPITAL FOR EXPANSION .​
EXCELLENT
COLLATERAL AND REFERENCES .​
CALL JOHN JOHNSON AFTER 4:00 PM
423-8821
(This one would be to​ attract LENDERS)
In response to​ the​ calls or​ letters from prospective clients,​ you
will have to​ be prepared (really BE prepared by practicing) with
the proper answers and sales pitch--(to the​ prospective
borrower): Yes,​ this is​ John Johnson .​
Thank you for calling.
First I​ will explain how we​ operate .​
I'm a​ money broker,​ Mr .​
(USE
HIS NAME!)____ .​
I​ bring you,​ the​ borrower,​ and the​ lender,​
together .​
I​ have different money sources available---banks,​
insurance companies,​ private investment groups of​ doctors,​
dentists,​ lawyers,​ and other professional people .​
My sources are
in business to​ make money by lending out money .​
Let's see-- I
need to​ determine your needs and the​ purpose of​ the​ loan in​ order
to properly prepare the​ necessary financial papers for your loan
request as​ many as​ ten different lending groups in​ order to​ get
the loan for you .​
Once I​ have an​ approval on​ your loan request,​
I'm paid anywhere from 2% to​ 10% of​ the​ total loan
figure...important for you to​ remember,​ though,​ is​ that I​ don't
get paid less I​ GET the​ loan for you .​
I​ do,​ however charge a​ $100
non-refundable Application Fee to​ cover my expenses in​ preparing
your request for loan papers and presenting this portfolio to​ the
lenders .​
In a​ nutshell,​ that's how these types of​ loans are
negotiated .​
Now then,​ how much will you need?
(Note that five successful registrations per will bring you $500
each week.)
This is​ where you begin to​ acquire the​ information you are going
to need to​ proceed--the amount of​ money needed---purpose of​ the
loan---terms the​ borrower wants for repayment--and a​ profile of
his background--education,​ employment record,​ date of​ birth,​
Social Security number,​ marital status,​ general health,​ and
number of​ dependents.
Next you type this information onto the​ proper forms,​ assembling
all into a​ portfolio and presenting it​ with a​ cover letter to​ at
least five different lenders for their consideration.
When the​ loan is​ granted,​ you collect your Brokers Fee--a
pre-determined percentage of​ the​ total loan figure.
(TYPICAL FEE AGREEMENT FORM)
YOUR NAME AND ADDRESS
AGREEMENT FOR FINANCIAL SERVICE
The undersigned,​ Borrower's name,​ hereby appoints YOUR NAME,​ as
his Agent and authorizes him to​ submit to​ lenders data
information supplied by the​ borrower,​ for the​ purpose of​ the
lender making a​ loan or​ investment direct to​ the​ undersigned .​
The
undersigned aggress to​ pay to​ YOUR NAME,​ a​ fee of​ ___% of​ the
amount of​ the​ loan or​ investment obtained .​
The undersigned hereby
pays to​ YOUR NAME,​ $____ as​ a​ non-refundable fee for the​ time
involved to​ appraise the​ feasibility of​ loan requested; this fee
is separate from any
other fess due,​ if​ the​ loan is​ obtained.

___________________ _______________________
Date Borrower




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