A finance broker is a business or individual that endeavours to bring together people who require funds (borrowers), with those who have money to lend (lenders). Borrowers may require funds for private and / or business purposes; including the purchase and development of property, purchase of equipment, purchase of a principal home or investment property.
Many finance brokers primarily assisting customers to obtain mortgages, and are usually referred to as "mortgage brokers". Other types of finance can be arranged, such as personal loans, lines of credit, Commercial Hire Purchase, lease facilities and business loans. This has resulted in the evolution of the term Finance Broker who assists with all facets of lending.
No. The Diploma is aimed at both new entrants and experienced brokers. It is essential however that you gain workplace experience throughout your learning and so you will need to have access to one or more experienced brokers for assistance. If you do not know any brokers, City Pacific Training may be able to assist you with an introduction to a broker in the City Pacific Finance network.
City Pacific Finance can tailor a loan to suit your needs, from the products of over 35 lenders. Our brokers are able to organise finance for the first home buyer, owner / occupier homes, investment properties or re-financing of existing home loans.
City Pacific Finance has access to a range of lenders and products to suit just about any plant and equipment finance need. Our brokers have helped finance everything from computer equipment to a prime mover, and are able to manage the application process for their clients.
Just about any commercial finance need can be satisfied by City Pacific Finance with access to a range of lenders and products. Our brokers have helped finance everything from a small overdraft to a large warehouse complex and will manage the application process for their clients.
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