If you’re in search of a home, car, or small business loan, social media can help you during the financial hunt.
Many loan providers use social media to inform current and potential customers on the lending process, which makes it a valuable and informative resource.
Here are just a few ways you can use social media to lock down the right loan for your needs:
Finding a Mortgage Using Social Media
With all of the options available, it’s harder than you might think finding a mortgage provider.
Luckily, social media is a great place to start the mortgage loan process.
Many mortgage companies are using social media to post client testimonials as well as links to convenient mortgage calculators.
Likewise, mortgage lenders are also turning to sites like Facebook and Twitter to answer your questions about the mortgage lending process.
Although they can’t offer advice on financial decisions, they can suggest which options you can take when acquiring a mortgage.
You can also use social media to contact mortgage agents and further the conversation.
Social Car Loans
Social media can also steer you in the right direction when searching for a new car loan.
A large number of auto loan lenders and qualified dealerships have Facebook business pages and fan pages where they post the latest information on loans and promotional offers.
As the following article shows, because auto loans in a changing market are difficult to track, following lenders and dealerships on social media takes the headache out of the equation.
Social media is a one-stop shop when it comes to following dealerships and getting a better idea of the loan programs they offer.
Business Loans and Social Media
A greater number of smaller business loan providers are taking the social presence of entrepreneurs into consideration when choosing loan candidates.
By keeping up with your social accounts and building future business relationships, you can prove to lenders that you are serious about your business endeavors.
Whether your business is already in place and you just need a small loan to expand or you’re starting from scratch, you can begin building your presence now. By spreading the word about your new business and building your followers, you can prove to lenders that you already have a strong customer base.
With a healthy following and active social media profiles, you will also prove to lenders that you’re serious about the success of your business.
Social Outreach
Following lenders via social media is a great ways to gain a better understanding about the loans they have to offer. With that said, reaching out to your friends and family for loan advice is another effective way to make your way through the lending process.
Maybe you have a friend who just bought a new car or you have a social acquaintance that just went through the business loan process.
Simply seeking out and asking your social contacts about their loan experiences can better inform you about the lending process.
Finding a car, business, or mortgage loan is easier with a little help from social media.
from Darlene Milligan http://ift.tt/1D4hUqD via small business marketing company
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