Whilst Paul Marland, Base Commercial's sales and marketing director believes that current business conditions will drive significant growth in the commercial sector, he has advised brokers against barging in all guns blazing due to the intricacies of writing commercial business.
With more complex valuations and issues over the status of the business making the application, advisers looking to get started in commercial have been urged to form business alliances with professional commercial brokers in their area.
This is not to put a dampner on the scope for commercial lending in 2008 though. The rising number of firms seeking professional help to get them through current business conditions will offer a wealth of opportunities to all brokers looking to get involved.
Brokers considering entering into the Commercial sector or wanting to find out more about their options are advised to subscribe to Mortgage Introducer's brand new publications, Commercial Finance Introducer to keep abreast of all the goings on in the sector and find answers to all their questions on commercial mortgages, bridging, asset and invoice finance. Sign up here
