When it comes to lending, chances are that most small business borrowers know nothing about the rigors of borrowing. What follows is that they turn to brokers to help them scale through the hurdle. Brokers on the other hand have come to realize this, that they are sole mediator and some seek to exploit the borrowers.
First, there are lots of loan options and whether online or offline, borrowers will somehow come around to their loan broker to help them explain the complicated huge documents they are often given. Online lenders also often have no base for lending and rely on loan brokers to secure their investment.
