Brokers
What We’ve Got for Brokers
April 19, 2024If you’re a small business or commercial finance broker, I hope you take advantage of the many resources we’ve put together. With the exception of tickets to our in-person events, everything we put out there is FREE TO CONSUME with no strings attached.
In addition to articles, stories, newsletters, and regular product marketing materials, we’ve produced nearly 1,000 videos including short documentaries and sit-down interviews, explainer videos, and sound bites from participants across the industry.
If you’re wondering what’s the next big thing to look out for, it’s the Broker Fair conference in New York City on May 20. There’s a big pre-show open bar party the night before as well. See you there!
Brokers: Attend This Open Bar in NYC
April 14, 2024
Broker Fair’s Pre-show party sponsored by Triton Recovery Group takes place on May 19th from 7-9pm at Somewhere Nowhere NYC. The Pre-show requires a separate ticket from the main event taking place the following day at The Metropolitan Pavilion.
You can register below for one or both! OR do it on the main site at brokerfair.org.
Peter Ribeiro to Speak at Broker Fair 2024
April 8, 2024Brokers, get ready to learn from one of the industry masters. Peter Ribeiro, well known for his ability to build and scale a very successful broker shop, will be speaking at Broker Fair 2024 on May 20 in NYC. If you’ve ever wanted to hear how it’s done from him in person, this is your chance to do it!
Ribeiro also announced just last week that he has become CEO of Capital Gurus.
On Long Island? You Might See Signs
March 26, 2024
Billboards for Broker Fair 2024 have gone up across several Long Island towns this past week, including locations in Glen Cove, Syosset, Westbury, Bay Shore, and Valley Stream. The conference, built specifically around a broad range of commercial finance brokers, will take place on May 20 in New York City. Long Island is among the largest geographical employers of brokers in the United States.
Broker Fair attendees can expect to learn from industry pro Peter Ribeiro, meet a wide range of funders/lenders & vendors, pitch their deals, and find out what they need to be doing to remain compliant and become successful.
Broker Fair 2024 will take place at the Metropolitan Pavilion in New York City. Brokers pay the lowest price for entry. There is also a pre-show party the night before on May 19th at a Lounge called Somewhere Nowhere NYC (yes that’s really the name!).
If you’re a broker, Broker Fair 2024 is an event you cannot miss!
Broker Battle Finds a Champion
January 14, 2024At the Miami Beach Convention Center in Miami Beach, Florida, thousands of viewers packed a hall to witness the first ever Broker Battle™ at deBanked CONNECT. After the rules of the competition were explained, six broker contestants waited eagerly for their turn to face four judges and with that a chance to win a grand prize of $5,000. Their goal? Choose from one of three pre-defined sales scenarios and show off their knowledge and abilities to the judges. Here’s what happened:
The Broker Battle was introduced
Broker Battle judge Daniel Dames (Bitty Advance) held up a Title belt
Irving Betesh (Advance Funds Network) had the distinction of going first. He came prepared!
The contestants continued one by one alphabetically by last name
The conversational role playing on the stage covered the gamut, ranging from explaining APRs and contract terminology to diagnosing customer needs or trying to earn a customer’s business. Below, judges Jared Weitz (United Capital Source) and Cheryl Tibbs (Equipment LeaseCo Inc) listen in to a contestant’s pitch.
Mike Brooks (Best Connect Capital) came in with his own style
Corey Digi (Lexington Capital Group) put up a strong showing
Stanley Mitchell (CLM Financial) goes to work
Danielle Rivelli (United Capital Source) showed off her experience
Anthony Truglia (CapFront) made it known the competition wasn’t over yet
The judges had to add up their scores for each contestant to find out which TWO would make it into the final championship battle
Second from the right is judge Leo Vargas (Triton Recovery Group).
Anthony Truglia and Danielle Rivelli are declared the two finalists after racking up the highest scores
The final sales scenario is revealed!
Both contestants have to compete on stage at the same time! Oh my!
The contestants are sent offstage so the judges can deliberate
And the winner is…
Anthony Truglia!
All photos from the Broker Battle here
All photos from the rest of deBanked CONNECT MIAMI here
deBanked would like to thank all of the amazing broker contestants for participating in something bold and brand new. Thank you to Anthony Truglia, Danielle Rivelli, Corey Digi, Irving Betesh, Stanley Mitchell, and Mike Brooks. Gratitude is also directed towards the judges for their efforts, Cheryl Tibbs, Daniel Dames, Jared Weitz, and Leo Vargas.
deBanked hopes that this competition inspires all brokers to become better, to further master their knowledge of available products, legal compliance, style, and confidence. A video highlight reel of the competition is in post-production.
Interested in more from deBanked? Contact us at info@debanked.com or call 212-220-9084.
Broker Prediction for 2024
January 2, 2024For many brokers the day revolves around going from call to call, email to email, deal to deal. Close one, go to the next, keep going, leave late, and continue to respond to merchants up until it’s time to go to sleep. Funders have come and gone, underwriting requirements have changed, and technology has made the business more efficient, but the broker role has remained. Merchants, time has proven, still just want to talk to someone.
Indeed, every time a new regulation or technology comes out that portends danger for brokers, life pretty much goes on like normal. Yes, it’s a competitive business and a changing business but here we are now in the mid-2020s and numerous brokers are just so bogged down with merchant calls and emails that they hardly have time to consider that anything is different other than so and so just changed their underwriting guidelines.
What’s my prediction for brokers in 2024? That brokers will keep brokering!
Attend deBanked CONNECT MIAMI for Broker Brilliance
November 20, 2023
Before the Broker Battle at deBanked CONNECT MIAMI, come join the Broker Brilliance session!
- Enjoy a preview of the official SBFA broker certification led by the Executive Director of the SBFA and a Partner of top law firm Hudson Cook, LLP.
- Learn about pending legislation and regulations that could impact your career forever.
- Find out what licenses are required for brokers and broker shops so that you stay compliant.
- Hear about the extraordinary opportunity that comes with joining the official Broker Council.
- Don’t just sell for today, make sure you’re set up for longevity!
BUT, in order to experience all of it you MUST be registered for deBanked CONNECT MIAMI. Join the industry on January 11th!
Judges Announced for Broker Battle at deBanked CONNECT MIAMI
November 17, 2023The first ever Broker Battle™ taking place at deBanked CONNECT MIAMI on January 11th at the Miami Beach Convention Center has locked in 4 highly qualified judges.
The Battle will feature 5-8 brokers exhibiting their abilities while fielding questions from the judges in front of a LIVE audience. The winner of the championship round will receive a $5,000 grand prize. More than 30 brokers have already entered themselves in for consideration. The submission deadline is December 1. More information and the entry form can be viewed here.
deBanked CONNECT MIAMI will also have a full slate of additional content including a complete Broker info session called Broker Brilliance on top of networking.
