Aug 21, 2021.
6 Min read
When businesses collaborate with chosen individuals and firms to connect with new clients, they pay the partners for every visitor or customer they bring in as a result of their participation in the program.
Many affiliate programs, particularly those for commercial loans, are geared toward service providers with a small company customer base.
Commercial loan broker affiliate networks are ideal for architects, auditors, financial advisors, bankers, and real estate brokers.
Retail stores, restaurants, professional service firms, factories, and a number of other small to mid-size enterprises, for instance, rent or leasing to CRE brokers. These businesses will most likely need to borrow cash from time to time to finance or grow their operations.
A larger industry network is one of the benefits of being a commercial real estate loan affiliate. Furthermore, CRE loan broker affiliate programs provide unique opportunities for generating new business.
Examine the advantages of the top commercial loan broker affiliate programs listed below to choose which one is best for your company.
1. AVANA Capital
AVANA Capital has been championing the growth of small companies across the country for almost two decades in New York. The financing strategy of AVANA Capital concentrates on firms in specialist areas such as renewable energy, hotels, and other owner-occupied commercial real estate. AVANA's staff can use its extensive experience to design a unique financing solution for each customer thanks to this customized approach. AVANA Capital offers a business loan referral scheme for brokers in addition to its lending options. AVANA collaborates with some of the most renowned brokers in the CRE mortgage financing market through this program. AVANA Capital invites inquiries from commercial loan broker affiliates with various degrees of expertise. As a result, the company may deal with brokers with years of expertise as well as brokers who are new to the commercial real estate industry.2. Walnut Street Finance
Walnut Street Finance provides four loan categories in total: repair and flip, acquisition, bridging, and construction loans. All commercial property professionals, particularly commercial and residential brokers, are invited to join the firm's real estate broker affiliate program. Furthermore, Walnut Street Finance has no licensing requirements for its affiliates program. Once a referred contract is finalized, a broker receives credits as an affiliate with Walnut Street. The firm offers a 1% referral fee on each closed loan, and profits are delivered at the time of loan closure.3. BFS Capital
BFS Capital is an acronym for Business Financial Services Capital. The staff at BFS Capital is dedicated to delivering an easy-to-navigate finance option. Clients may borrow more easily thanks to the financing company's online application procedure. Furthermore, BFS Capital guarantees clients that there will be no origination or processing costs. BFS Capital's broker affiliate program is intriguing due to the firm's partnership lending procedure.4. Direct Commercial Loan
Business Lending Direct is a commercial property company that focuses on condo financing and other real estate investment mortgages. They provide referral programs for website affiliates and business professionals that pay out large referral payments. Website affiliates, for example, may earn $1,250 for each funded loan.5. Flip Funding
Flip Funding focuses on providing financial and commercial real estate finance on a global scale. A minimum FICO score of 660 is required to secure a loan. They typically provide loans for single-family and multi-family dwellings. Flip Funding provides an affiliate network for real estate and finance professionals to sell their lending services to real estate investors. They pay fees of up to 1.5 percent of the entire amount funded.6. Crown Point Realty Capital
Crown Point Realty Capital is a real estate company that funds condos, apartments, offices, industrial assets, hotels, rental properties, and land. A network of non-mainstream lenders, including community, regional, and international banks, underwrite the company's different lending programs. Bankers, investors, attorneys, CPAs, mortgage brokers, real estate developers, brokers, and any other professional with customers in need of real estate finance can join Crown Point Realty Capital's affiliate program. Affiliates are paid a referral fee for any loans they bring to the firm that is successfully financed.
