What Does a Commercial Loan Broker Do?
A commercial loan broker connects businesses and property owners with lenders. Instead of applying bank by bank, you share your financials once, and the broker identifies the lenders whose programs fit, packages the application, and negotiates rate, term, leverage and covenants for you.
Halo Business Finance is a nationwide loan marketplace (NMLS #2272778). We work with banks, credit unions, SBA lenders, Certified Development Companies, CMBS and life company lenders, debt funds and equipment lenders, so you can compare offers across loan types in one place.
Typical Terms
Loan types
SBA, commercial real estate, bridge, equipment, working capital
Lenders
Banks, credit unions, SBA lenders, CDCs, debt funds
Cost to apply
Free to apply and compare
Decision
Pre-approval in 24-48 hours
Coverage
Nationwide
Licensing
NMLS #2272778
Before you sign with any broker, ask how they're paid and get it in writing.
Who It's For
- Business owners who don't want to apply to lender after lender
- Deals that don't fit a single bank's box, such as mixed-use or special-purpose properties
- Borrowers comparing SBA, conventional and private options side by side
- Time-sensitive acquisitions and refinances
What You'll Need
- Recent business tax returns and financial statements
- A summary of the loan request and how you'll use the funds
- Property details or the purchase agreement for real estate loans
- Personal financial statements for owners with 20% or more
How It Works
- 1
One application
Share your business, property and financing goals once.
- 2
We match lenders
A specialist identifies the lenders and programs that fit your deal.
- 3
Compare offers
Review terms side by side: rate, term, down payment, fees and prepayment.
- 4
We manage to closing
We coordinate documents, third-party reports and the lender through closing.
How to Choose a Commercial Loan Broker
A good broker saves you time and gets you better terms. Before you sign, check:
- Licensing: an NMLS number you can verify where your state requires one
- Lender relationships across loan types, not just one or two lenders
- Clear, written compensation, and no large upfront fees
- Experience with your property type or industry
- References or verifiable reviews
Broker or Bank?
Going straight to your bank works when your deal fits its lending box. A broker adds value when you want to compare several lenders, your deal is complex, or your bank has said no. Your bank can still be one of the lenders we compare.