Meta Description: Aside from connecting brokers and lenders so commercial loans are processed faster, here are other Fundever benefits even borrowers can enjoy.
While making your commercial loan proposal, did you ever come upon the name Fundever during your research and wondered what it was? Well, Fundever is the system that will help you in securing your loan in the most convenient way possible. It bridges the gaps between borrowers, brokers, and lenders – making it a worthwhile help in this fast-paced world where you need to hustle hard to get what you want.
Connecting brokers with commercial lenders, Fundever provides a platform where brokers can have your commercial loan request uploaded to the system. This, in turn, will be showcased to Fundever’s lender partners and evaluated at the soonest possible time. With the system, response times are improved immensely as your information is always available for lenders to review once they become interested in your venture.
Benefits for Borrowers
So, if you are looking to get a commercial loan and are planning to hire the services of a broker, inquire if they are using Fundever. This will make sure that your mortgage profile is presented to the lender marketplace quickly. As the system allows your broker to connect with a huge number of commercial lenders in the country, the responses you get will be better and faster than if your broker is not using the system.
Here are other ways that Fundever can help you when it comes to accessing lenders and funding for your business:
– Your mortgage profile is presented on an electronic platform, so it can be seen by interested lenders. This, in turn, will increase your broker’s choices beyond his or her own circle of connections, experience, and influence.
– As Fundever has a huge marketplace for lenders, there will be a number of them competing for your business. You won’t have to go chasing after them as they will be the ones looking into your mortgage profile. This means you will be getting the best terms and conditions for your commercial loan application.
– Because lenders will be coming to you instead of the other way around, the time needed in looking for an interested lender will be shortened considerably. This will give you a better chance of securing your loan sooner and starting with your projects.
– With Fundever, you won’t have to wait to hear from a lender that is not interested in ever granting you a loan. Through the system, you will be able to know which lender is really interested in sealing your deal.
– Streamlined communications and expert technology allow Fundever to provide faster and better results to borrowers. As they make sure that your mortgage profile is viewed and evaluated by a huge number of lenders, they are able to deliver a turnaround time that is faster and more efficient for your business.
Advantages for Brokers
Now that we have already pointed out the benefits borrowers can get from Fundever, it is time to look into the advantages that the system offers brokers, especially if you are one yourself. It provides a connection between commercial brokers and lenders, which allows them to communicate about mortgage profiles. This does not only mean savings of money and time for both parties, but also results in better borrower satisfaction.
Below are some advantages brokers like you can enjoy when using Fundever:
– The Fundever system allows brokers to send the mortgage profiles of their commercial clients to a huge number of lenders based in Canada. This standardized form will give lenders the ability to establish quickly if they are interested in the deals presented.
– As Fundever centres their attention on the types of loans lenders are more interested in funding today, brokers are guaranteed to hear from interested lenders only. With our system, waiting for days or weeks on end, only to be told that a lender is no longer funding a type of loan, is a problem of the past.
– You will never lose a deal or get shopped again. When you present your funding offer to your client, let them know that their mortgage profile has been viewed and evaluated by a large number of lenders. This will boost your fiduciary duty, which, in turn, will add more value to your professional fee.
– Fundever is exclusive only to licensed brokers. This means that it supports only those who have earned their licenses.
– Being a Fundever user does not only increase your value to the eyes of your clients but will also set you apart from in-house bank representatives. This is because you are using a system that showcases them to a large majority of the lending market – an advantage that these reps do not have.
– You will be exposed to more lenders in the marketplace, instead of just to your own connections. This is mainly because Fundever has a growing number of lending partners every day, many of which may change their focus at any time. This will guarantee that there will be lenders who will be interested in the proposals of your commercial mortgage clients.
– Fundever allows you to provide more value to your clients, even as you use it for free. As such, it makes perfect sense for you to use the system as soon as you can – if you are not doing it already.
If you will look at the benefits you can get from using Fundever, regardless of whether you are a borrower or a broker, you can say that it is definitely worth its weight in gold. As a borrower, you can be assured that you will be able to secure funds for your commercial venture. Meanwhile, if you are a broker, you will be able to use a system for free, while increasing your value to your clients. Fundever provides a win-win situation for both borrowers and brokers – even for lenders who are in the lookout to fund good deals that will provide them with hefty returns.