Infographic: 5 ways to expand your client base

How brokers can expand their lending networks by diversifying into small business lending – and help their small business clients solve problems with fast, flexible funding.

Prospa partners may already be working with many clients who are also small business owners and sole traders looking to fund their next venture, plug a gap in cash flow or make essential repairs or purchases.

By providing credit to those small business owners, you can help them pursue their strategic objectives and achieve growth. This makes small business lending a potentially untapped opportunity for brokers to diversify their networks – and provide help to small businesses when they need it most.

Prospa, in partnership with the Mortgage and Finance Association of Australia (MFAA), has compiled advice for brokers in an eBook that explores how to make the most of the opportunities of small business lending.

Here’s a rundown of five ways brokers can broaden their client base by diversifying into small business lending and help small business clients solve their problems with fast, flexible funding.

5 steps to expand your lending network

Find out more about how easy it is to partner with Prospa, or submit a scenario in minutes. Advisers can be involved in the process as much or as little as they like, and always have access to a personalised dashboard to track applications from start to finish.

The information in this post is provided for general information only and does not take into account your personal situation. Nothing contained in this post constitutes advice or an endorsement or recommendation of any kind by Prospa. Any links to third party websites are strictly for informational purposes only. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from financial, legal and taxation advisors. Although every effort has been made to verify the accuracy of the information as at the date of publication, Prospa, its officers, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy, or omission from the information for any reason, including due to the passage of time, or any loss or damage suffered by any person directly or indirectly through relying on this information.