At Bizcap we pride ourselves on “getting the deal done”, says Head of Lending David Smith.
In a recent interview with Australian Broker, Smith delves into Bizcap’s Tick ‘n’ Flick referral model.
While brokers also have the option to manage the deal themselves, working with our dedicated Business Development Managers and Broker Support team to secure fast access to flexible loans for their clients, they also have the option to Tick ‘n’ Flick the deal, explains Smith.
Through Tick ‘n’ Flick, brokers can refer clients to Bizcap with just their name and contact details, and a member of our Lending team will handle the process from start to finish, working on behalf of the broker to explain our product to the client and secure them the best solution available. Brokers can thereby earn commissions without managing the deal themselves and enjoy trail commissions from repeat deals.
Smith emphasises the advantages of Tick ‘n’ Flick for brokers:
- Significantly higher closing rates, thanks to our Loan Specialists’ expertise in Bizcap’s products and the client’s industry.
- This route often leads to repeat deals.
Almost 67% of the customers that we lend to come back time and time again.
- Superior customer service, as Bizcap’s Loan Specialists act as an extension of the broker. They also provide transparency over the deal flow to the broker.
- Diversification opportunities for brokers who lack confidence or experience in SME lending. By simply referring clients to Bizcap’s internal team, they can boost business with minimal effort.
Smith also highlights the opportunity cost for brokers who don’t use Tick ‘n’ Flick, namely the risk of losing clients to competitors. Bizcap receives thousands of inquiries monthly, so if brokers aren’t seeking loans for their SME clients, those clients may well obtain them independently or via another broker.
Bizcap's comprehensive approach to deal management helps brokers secure clients' loyalty, potentially retaining not just a single customer but also their wider network, including family and associated businesses.
Watch Smith’s full interview with Australian Broker to discover how Bizcap's referral model helps brokers close deals for their clients.
Want to learn more about Tick ‘n’ Flick? Contact your Bizcap BDM or become a referral partner today.
Business Loans Made Simple
Are you ready to seize new business opportunities? Perhaps you need to plug cash flow gaps? Bizcap is Australia’s most open-minded lender, empowering businesses with fast access to flexible loans, even if they don’t have the perfect credit score.
Business Loans Made Simple
Are your clients ready to seize new business opportunities? Perhaps they need to plug cash flow gaps? Bizcap is Australia’s most open-minded lender, empowering businesses with fast access to flexible loans, even if they don’t have the perfect credit score.