The core products
Most commercial asset finance is one of four structures:
- Chattel mortgage
- Commercial hire purchase
- Finance lease
- Low doc variants of the above
Get set up with lenders
Your aggregator likely already has asset finance lender panels. Start with two or three lenders and learn their credit appetite well.
Compliance basics
Commercial asset finance often sits outside the NCCP, but check your licensing obligations and your aggregator's requirements before writing deals.
Find your first clients
Start with your existing self-employed home loan clients, then add exclusive leads to build volume.