When can I start working as a DSA for Business Loan?

You can start selling loans to your clients as soon as your application to become a Choice Business Associate gets approved.

Are there any charges to use the CRM software?

No, Choice Connect does not charge a single fee for you to join as a Business Loan Agent. Apart from registering or free, you can also use the technologically advanced software to manage your leads, at no extra cost!

How can I effectively manage and track the status of the leads?

You can visit the Dashboard and view the lead progress at the stage they are currently in. Apart from this, you will also be notified via email and SMS about the status of your lead.

Become A Loan DSA | Choice Connect

Why Become A Commercial Loan Broker With Us?

Best in Market Commission

Wide Range of Loan Products

Flexible hours, work from anywhere

Potential to Earn for a Lifetime

Instant Paperless Registration

Zero Deposit

Complete Transparency

Competitive Interest Rates

Tie-up With Top Banks & NBFCs

How to Become An MSME Loan Agent With Choice Connect?

Step 1

Step 2

Enter your basic information

Step 3

Submit the soft copy of your identity proof

Step 4

Once approved, you can log in and start referring

Advanced CRM For Our Business Loan Partner

Track Leads through Loan Agent Advance CRM

Track and manage the lead process.
View earnings accrued.
Track sales, review performance and engage with customers.
Refer clients to other financial products instantly.
Improves customer conversion, nurturing and retention with instant data retrieval and support features.
Comprehensive reports.
Advanced analytics and insights.

We Are With You At Every Step!

Local Branch Support

Business Loan Agent with Training & Sales Guidance

Backend and Technology Support

Business Loan DSA with Backend & Technology Support

Training and Sales Guidance

Be a Business Loan Agent & Get Dedicated RM

Dedicated Relationship Manager

What Do Our Partners Say About Us?

Easy joining formalities, quick onboarding, excellent backend team support and timely payment. I wish I had taken the decision to become a Business Loan Agent through Choice Connect earlier.

– Jyoti Upadhyay

One platform to serve for MSME/SME loans, machinery loans and special business loans for women. I can cater to my business customers instantly by becoming a Commercial Loan Partner through Choice Connect.

– Anil Routh

Great guidance and support from my Relationship Manager. I can focus on my leads and make conversions through backend support from the CRM team. Happy to be associated with Choice Connect and see myself grow every day.

– Nita Joshi

Frequently Answer Questions

Any individual who is an Indian citizen, 18 years is welcome to join us. Apart from that, you will be required to have good networking skills to acquire new leads.

You will be required to refer customers who require different types of loans, to our portal.

Choice Connect provides end-to-end support to start your business. You are also provided with technical support in terms of a backend system to manage your leads along with a dedicated Relationship Manager to help you with lead conversion.

To become a Business Loan DSA Partner with Choice Connect, you will be required to submit the soft copy of your PAN Card at the time of registration.

Who Is A Business Loan Agent?

Businesses and companies at some point may think about borrowing money from external sources. The reason for borrowing money can be anything right from planning a business expansion to dealing with the cash flow issues. A business loan agent or broker is an intermediary between the companies/business and finance institutions. ...Read More

A Business loan agent can arrange for the finances and make one acquainted with the various business finance schemes. A professional business loan broker will fetch the most attractive deal for the benefit of the business.

The objective of a business loan agent is to help its client find the best lending company and structure favourable loan terms. They work closely with their clients throughout the process. A business loan agent takes care of loan applications, submission documents, negotiations, and reimbursements too.

A Business loan agent has impeccable knowledge and understanding of different types of loan schemes and plans. They have a wide network consisting of lending partners, credit unions and financial institutions.

Who Can Become Business Loan Agent?

Anyone can become a business loan agent and build a bright career taking the advantage of brokering business opportunities. Moreover, one can associate with a business loan DSA (Direct selling Agency) to pursue a career as an expert business loan agent.

Here are certain skills and qualities that one needs to know before commencing a career as a business loan agent:

Education: One doesn't need a college degree to become a business loan agent. Many professionals start working as business loan agents with GED or a high school diploma. But, if one is planning to build a career in mortgage's or commercial loans then, one must have a four-year degree in finance, economics, communications, business or psychology

The study of these aspects allows one to efficiently study finance reports and analyse a business deal. It can aid you in efficaciously negotiating and closing a business loan deal. Fundamental knowledge of banking, accounting and finance can be useful in comprehending the finance requirement of a business.

Skills: In addition to the education requirements, one must also possess a set of soft skills to be a successful business loan agent. As a loan broker one has to deal with various lending partners and individuals. Good interpersonal skills and strong command of the language can always work in favour.

A loan broker must have an analytical approach and optimum research skills to identify businesses. Moreover, one should be accurately able to analyse the funding needs and suggest the most suitable finance solution. The ability to make quick, thoughtful and correct decisions can play a major role in fostering success.

How to Become Business Loan Agent?

To become a business loan agent and work professionally as an MSME loan agent one must go through a loan broker training program. These training programmes are researched backed and provide you with deep insights into the subject.

The training programmes acquaint one with the intricacies of finance, the art of business networking, mathematical skills and negotiation techniques. Several companies can sponsor your business loan broker training programme.

Furthermore, there are certain qualification criteria to be met to qualify for the programmes. After the training program usually a test is conducted, after passing the test one will be able to receive a license to work professionally as a business loan partner. License and certification maximize the chances of success and consistent work.

MSME loan agent registration process

To become a professional DSA Business loan agent one will have to fill the registration form available on Choice Connect.
Enter the basic information online.
Submit the required identity and address proof.
After the successful verification of the documents submitted, you will be assigned a login id.
Now you start working as a registered MSME loan agent and start referring.

The Benefits Of Becoming a Business Loan Agent

As a DSA business loan agent one has an option to work with a lending firm or work independently. Business loan brokers can work as freelancers and associate with businesses requiring specialized financing.

A business loan agent will introduce the business to various loan options and lending partners. Acting as a liaison in the entire deal process, a business loan broker can earn a considerable commission for their service. Apart from this, finance institutes also at times collaborates with a broker to get clients. In return, these institutions offer lucrative commissions or a flat-rate fee.

The Benefits Of Becoming a Business Loan Agent with Choice Connect

Local Branch support: Choice connect offers optimum support to its registered business loan brokers. Our team assists one throughout the process for tracking and managing leads
Backend and Technology Support: One can view earnings accrued, track sales, review performance, get valuable insights with the aid of our advanced CRM tools.
Training And Sales Guidance: Choice Connect provides adequate guidance, training and support to the business loan brokers. We enable one to comprehend the process, learn the intricacies of the broking business and acquire expertise.
No Registration charge: One can register for free at Choice Connect to commence their entrepreneurial journey as an expert business loan agent.
One Platform - Multiple Services: One can get instant access to multiple finance products and services at the cohesive and streamlined platform of Choice Connect.
Zero investment: There is no requirement of any investment to commence working as a business loan agent with Choice Connect.

To sum it up, business loan agents have the great earning opportunity. They have the potential to benefit both businesses as well as lending partners. All it requires is the right set of skills, talent and optimum communication skills to make it big in the brokerage industry.

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Contact us

Choice Retail Solutions Private Limited, Sunil Patodia Tower, J.B. Nagar, Andheri (East), Mumbai 400099.

+91- 8124242424

support@choiceconnect.in

Become A Business Loan Agent