With traditional money lenders becoming more risk averse during the COVID-19 crisis, loans have become harder to obtain. But for Global Financial, a national company which secures financing for businesses and real estate investors who have been turned down by banks, the pandemic has bolstered business. By Jessica Jones
With traditional money lenders becoming more risk averse during the COVID-19 crisis, loans have become harder to obtain. But for Global Financial, a national company which secures financing for businesses and real estate investors who have been turned down by banks, the pandemic has bolstered business.
“Banks have become stricter, many not lending as easily because of Coronavirus-related restrictions,” noted Erica Sarway, Global Financial’s vice president of sales and marketing. “Businesses are suffering because of these restrictions, so we are providing solutions.”
Calling upon a network of national lenders that offer more than 30 types of funding from accounts receivable financing, to unsecured lines of credit, the company, which specializes in meeting the needs of small and medium-sized businesses, flourished throughout the pandemic. Its Training Program, which prepares graduates with an extensive knowledge in loans, positions them to help businesses that have less than perfect credit while earning a six-figure income, also thrived.
“The crux of our training program is to put people into business, securing loans for those who need them,” Sarway said. “We connect our trainees with the resources to access loans for people and companies who cannot obtain them. Their job is to build up struggling businesses – and unfortunately, these past few months, there has been a lot of struggle.”
Providing attendees with an in-depth, four-day course, the Global Financial Training Program affords participants more than three decades of experience in the loan brokerage business. They learn all aspects of owning and running their own finance companies. Graduates receive their first 1000 leads and have access to one-on-one mentoring throughout the life of their business.
“It’s an all-inclusive package,” Sarway said. “We set up our graduates with lenders, leads, websites, social media and support. These are all the tools needed to be successful in this industry.”
And according to Sarway, given the world’s current economic climate, the worth of Global Financial’s program will only continue to grow in the future.
“I honestly believe we’re only going to continue to see an uptick in this segment of the industry,” she concluded. “Small business has been so negatively impacted by the Coronavirus, they need our services now more than ever.”
To learn more about the Global Financial Training Program call 212-480-4900, or visit globalfinancialtrainingprogram.com.
– Jessica Jones