Become a commercial finance broker with no experience
Yes, you can start commercial finance broking with no experience. CoreFi provides training, a lender panel and deal support as a self-employed partner. You keep a share of the commission CoreFi earns from lenders, starting at 55% on self-sourced deals. Income is variable and not guaranteed.
We have placed deals brought in by people who came from recruitment, from running a small business, from accountancy support. None of them had a finance background when they started. Commercial finance broking to limited companies is not a credentialled profession, and for the core model it does not require FCA authorisation. What it requires is the ability to have a real conversation with a business owner, follow a process, and learn which lender wants what. CoreFi provides the training, the lender panel and the deal tooling. You run your own self-employed business, bring the relationships, and keep a share of the commission on every deal that completes. There is no salary and no guaranteed income. What you earn is a function of the deals you place.
- 1
Apply
Complete the short application on the for-agents page. Tell us about your background. No finance experience is required; we are looking for people who can have a real conversation with a business owner and follow a process.
- 2
Onboard and train
Work through structured onboarding and product training, sign the terms of business, and get access to the lender panel and deal tooling. You learn the products, the packaging process, and where the regulatory boundary sits before you place your first deal.
- 3
Place deals and earn your split
Start with the business owners in your network and any leads available to you. Match them to lenders on the panel, submit clean cases, and keep your share of the commission on every deal that completes.
You do not need a finance background
The skill is matching a business that needs funding to a lender who wants to lend, then packaging the request so it gets a clean decision. You can learn that. We train you on the products: asset finance, invoice finance, bridging, commercial mortgages, unsecured business loans. We show you how to read a deal, what a lender needs to see, and how to talk to a director about funding without sounding like a brochure. You start with simpler cases and take on more complex ones as your confidence grows. The brokers who struggle aren't the ones from outside finance. They're the ones who won't follow the process.
How you earn: a split of the lender commission
When a deal completes, the lender pays CoreFi a commission. You keep a share of that commission. Not a percentage of the loan. Not a fixed fee. A split of what CoreFi earns from the lender.
On deals you source yourself, that split starts at 55%. It rises with your lifetime commission earned: 60% once you pass £50,000, 65% at £1,000,000 and 70% at £2,500,000, with no cap. On leads that CoreFi provides to you, the split starts lower, from around 45% on referrer-sourced leads and around 35% on organic platform leads, because the lead came from us rather than from your own network. As your track record builds, the split improves and stays there.
A worked example, in plain numbers
This is illustrative only, not a forecast. Take a bridging deal where the lender pays CoreFi roughly £7,500 in commission. At the 55% entry split on a self-sourced deal, your share is around £4,125 on that single case. Different products pay different commissions. Smaller deals pay less. Some enquiries never complete. There is no guaranteed number of deals and no guaranteed income. Use this to understand how the split works, not as an expectation of what you will earn in a given month.
This is self-employment, not a job
You work with CoreFi as a self-employed partner. No salary. No set hours. No holiday pay, sick pay or employee benefits. You invoice for the commission you have earned and you handle your own tax and National Insurance. In return you keep a real share of what you place, you build your own client relationships, and there is no ceiling on what you can earn. If you need a guaranteed monthly income, this is not the right model. If you want your earnings tied to your own effort, it is.
The regulatory position
Broking unregulated commercial finance to limited companies does not require FCA authorisation. That is why people can start without a licence. The line shifts if you are broking to sole traders or partnerships: that can require FCA permission even for otherwise-exempt business loans, under Article 36A(4) of the Regulated Activities Order. Regulated products, including consumer credit and residential mortgages, always require FCA authorisation regardless of who the borrower is. CoreFi is not an FCA-authorised firm and does not hold itself out as regulated. Your training covers where the boundary sits so you know which deals you can place directly and which need a different route.
What you get from CoreFi
A live lender panel with direct BDM contacts across the main commercial finance product types. A deal CRM that tracks every enquiry from first conversation through to funding. A lender-matching engine: enter the deal parameters and it scores the panel against appetite and product criteria, so you approach the right lender first. Conversation scripts that hold up in front of a director, not generic sales training. Deal-side support when a case gets complicated, plus structured broker training that starts before your first deal. You handle the conversations with business owners. CoreFi provides the lenders, the process and the tooling behind you.
Frequently asked questions
Do I really need no experience to start?
No prior finance experience is required. We provide training on the products, the deal-packaging process and how to talk to business owners. You start with simpler cases and take on more complex deals as your track record grows.
How much can I earn per deal?
You keep a share of the commission CoreFi earns from the lender, starting at 55% on deals you source yourself. As an illustration only, a bridging case with around £7,500 of lender commission to CoreFi would pay about £4,125 at the 55% split. Deals vary widely and income is not guaranteed.
Is this a salaried job?
No. This is a self-employed B2B arrangement. There is no salary, no set hours, no holiday pay and no employee benefits. You handle your own tax and National Insurance. Income is variable and depends entirely on the deals you place and complete.
How does the commission split grow over time?
On self-sourced deals the split starts at 55% and rises with your lifetime commission earned: 60% at £50,000, 65% at £1,000,000 and 70% at £2,500,000, with no cap. Leads CoreFi provides start at a lower split, from around 45%, because the lead came from us rather than from your own network.
Do I need to be FCA authorised?
Broking unregulated commercial finance to limited companies does not require FCA authorisation. Broking to sole traders or partnerships, and placing regulated products, can require permission. CoreFi is not an FCA-authorised firm. Your training covers where the boundary sits and which deals you can place directly.
What support do I get as a beginner?
Structured onboarding, product training, conversation scripts, a live lender panel with per-lender appetite information, and deal-side help on complex cases. The platform shows which lenders fit a given deal and what each one needs to see, so you package cases correctly from the start.
Start as a self-employed commercial finance broker
No experience required and no franchise fee. You get the training, the lender panel and a real commission split from day one. Income is variable and depends on the deals you place.
Apply now