Oz Konar interviews a student who funded over 100 deals. NO office, NO Employee through Business Lending Blueprint.
- Ernesto Ortega has over a decade of experience in the finance and business lending industry, initially starting at D&B , a prominent business credit reporting agency.
- He transitioned into loan servicing and became a loan officer, later joining Business Lending Blueprint (BLB) in April 2023.
- His journey highlights a shift from traditional banking roles to embracing alternative lending solutions, realizing the potential revenue in this sector.
**Community Engagement and Support**
- The BLB community is characterized by a self-sufficient model where experienced members like Ernesto provide guidance and support to newcomers.
- Members actively share knowledge and resources, fostering an environment of collaboration rather than competition.
- Relationships formed within the community are invaluable, offering a network that enhances business opportunities and personal growth.
**Success in Business Lending**
- Ernesto emphasizes the importance of building relationships with clients and referral partners, leading to successful loan placements.
- He has secured significant funding for clients, such as a recent $150K line of credit for a local meat market, illustrating the impact of tailored lending solutions.
- His approach involves understanding client needs and offering flexible options like Merchant Cash Advances (MCA) and business lines of credit to suit various business scenarios.
**Referral Network and Compensation**
- Ernesto values reciprocity in his referral relationships, often compensating partners transparently for leads that convert into deals.
- His strategy includes nurturing relationships through thoughtful gestures, creating goodwill that fosters ongoing referrals.
- This approach not only incentivizes referrals but also builds a robust network of trusted partnerships in the lending industry.
**Leveraging Technology and Training**
- The BLB platform provides essential tools such as a personalized website and CRM systems, enhancing members' ability to manage leads and client relationships effectively.
- Members benefit from training modules and resources that equip them to navigate the complexities of the lending industry.
- The ease of accessing funding options through the BLB network allows members to respond quickly to client needs, streamlining the lending process.
**Future Aspirations and Industry Insights**
- Ernesto expresses a desire to further his career by potentially becoming a lender, leveraging his extensive knowledge of finance gained through BLB.
- He acknowledges the cyclical nature of the lending market and the importance of remaining adaptable during economic fluctuations.
- His insights reflect a broader understanding of the lending landscape, advocating for informed risk-taking and leveraging opportunities within alternative financing.
Unlock a free training with Oz Konar at businesslendingblueprint.com
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