HOW TO START A MONEY BROKERAGE BUSINESS OF YOUR OWN

... and earn œ100,000 a year, collect
large fees helping others, and borrow all
the money you need ...

Becoming a Money Broker is one of the easiest
and most rewarding endeavours available.

Virtually anyone can become a Money Broker
with the smallest investment.

You can start this business on a part time
basis, and earn large "Finders Fees", or open
your own office and work full time with
absolutely unlimited income potential.

Until very recently, the "secrets of money
brokering" were closely guarded and known
only to a few select bankers, investment
corporations, and business consultants.

No other business offers the potential income
figure for so little investment.

As an example, starting with less than œ100,
some Money Brokers have made œ100,000 in
their first year of business!

This is the ideal way for a man or woman to
supplement his or her present income, or
change professions after a period of time.
It is an absolute "dream-come-true" for the
semi-retired, or retired office worker.
There is hardly another business requiring
less than œ100 in start up costs that can
put you into a six figure income bracket so
quickly. None of them give you the power, prestige,
or status - the respectability in your
community - equal to that of a Money Broker.


To get started, you'll need stationery,
envelopes, and business cards with your own
letterhead. Be sure to include your phone
number. Also,have copies made of your Fee Agreement.
We have presented a typical Fee Agreement
Form (which you may duplicate after
eradicating the instruction we have given in
the blanks).


As we have stated, the investment in this
business is small; when you have your
stationery, envelopes, cards and the Fee
Agreement forms in hand, you have spent part
of it.


The other part will be discussed now, because you have to "find" both borrower and lender to really get underway.

Once you have your "working paper", you will
run some advertisements in your local paper
under the headings "Money to Loan" or
"Business Opportunities".

Typical ads might read:
MONEY AVAILABLE FOR BILL PAYMENTS, HOME
REPAIR, BUSINESS EXPANSION, ANY WORTHWHILE
PROJECT. CALL JOHN JOHNSON 12345. (This ad
would be used to "pull" borrowers).

BUSINESSMAN NEEDS CAPITAL FOR EXPANSION.
EXCELLENT COLLATERAL AND REFERENCES. CALL
JOHN JOHNSON AFTER 4pm 12345. (This one would
be to attract lenders).

In response to the calls or letters from
prospective clients, you will have to be
prepared (really be prepared by practising)
with the proper answers and sales pitch -
i.e. (to the prospective borrower):

"Yes, this is John Johnson. Thank you for
calling. First I'll explain how we operate.
I'm a money broker. I bring you, the
borrower, and the lender, together. I have
many different money sources available -
banks, insurance companies, private
investment groups of doctors, dentists,
lawyers, and other professional people. My
sources are in business to make money by
lending out money. Let's see - I need to
determine your needs and the purpose of the
loan in order to properly prepare the
necessary financial papers for formal
presentation to the best suited lenders. I
may have to take your loan request to as
many as ten different lending groups in
order to get the loan for you. Once I have
an approval on your loan request, I'm paid
anything between 2% to 10% of the total loan
figure - important for you to remember,
though, is that I don't get paid unless I
get the loan for you. I do, however, charge
a œ100 (or œ25 or œ50) non refundable
Application Fee to cover my expenses in
preparing your request for loan papers and
presenting this portfolio to the lenders.
In a nutshell, that's how these types of
loans are negotiated.



Now then, how much money will you need? (Note that five
successful registrations per week could
bring in between œ125 and œ500 each week).
This is where you begin to acquire the
information you are going to need to proceed
- the amount of money needed - purpose of
the loan - terms borrower wants for
repayment - and a profile of his background;
education, employment record, date of birth,
marital status, general health, and number
of dependants.


Next you type this information into a proper
format, assemble it into a portfolio with a
cover letter, and present to at least five
different lenders for their consideration.
When the loan is granted, you collect your
Broker's Fee - a pre-determined percentage
of the total loan figure.
_____________________________________________
(TYPICAL FEE AGREEMENT FORM)


YOUR NAME AND ADDRESS

AGREEMENT FOR FINANCIAL SERVICE

The Undersigned

(borrowers name)

hereby appoints

(your name)

as Agent, and authorises him to submit to
lenders financial data and information
supplied by the borrower, for the purpose of
the lender of making a loan or investment
direct to the undersigned.

The undersigned agrees to pay to

Your Name

of the amount of the loan or investment
obtained.

The undersigned hereby pays to (your name)
a non-returnable fee of œ ...... for the
time involved to appraise the feasibility of
loan requested; this fee is separate from
any other fees due if the loan is obtained.



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