Money brokers work as a liason between consumers who need loans and the banks that offer them. They charge a flat fee to prepare loan documents and earn a commission if the loan is approved. You don't need a college education to be a money broker, and you can start with as little as $100 and build your income over time. Money brokering is a career you can launch as a part-time job; once your business picks up, it can earn a full-time income.
Create customized business cards and letterhead. These will make your business seem more legitimate to clients and potential investors.
Develop a finder's fee agreement. This is a concise note stipulating the terms of the agreement between you and your client, including the flat-rate fee, the percentage to be paid upon receipt of the loan, and the time frame over which you will be paid. You can find sample finder's fee agreements online.
Run advertisements in local newspapers or business magazines advertising your services. Use headlines like "Money to Loan" or "Business Opportunities" to attract customers needing your service. You will need to create separate advertisements to draw in customers who need loans and investors who want to lend.
Prepare yourself with a quick sales pitch when prospective customers call. You need to draw them in quickly and sound professional. Be prepared to answer any questions they might have, and make sure your voice is reassuring.
When a customer agrees to have you organize and present her loan request, compile all her information---including employment record, credit background, education, Social Security, income and any collateral---into a portfolio. Type up a cover letter that introduces your client to the potential lender and explains her reason for requesting a loan. Present this portfolio to at least five different lenders. Once you have obtained a lender and the loan is dispensed, claim your commission.