Oz Konar – Business Lending Blueprint Review, Scam or Legit?

Are you looking for a Business Lending Blueprint review? You might have heard of this program if you want to start a business. But you may wonder if it is a scam.

There are courses out there that give you fake information, claiming that you can make big money with their system or purchasing the tools they recommend, but they’re not worth it.

To help you make a more informed decision, I have thoroughly researched the Business Lending Blueprint so I can tell you more about it.

As a disclaimer, I’m not affiliated with Business Lending Blueprint. It means I’m not paid to write this review. So you can rest assured that you will get an honest and unbiased review from me.

At the end of this review, I’ll also tell you the best alternative to Business Lending Blueprint that has enabled me to make a full-time passive income online.

What is Business Lending Blueprint?

The Business Lending Blueprint is a step-by-step guide on how to become a business loan broker and earn six to seven figures.

With more than 80% of small businesses unable to obtain bank loans, it is imperative for small business owners to find the financial resources they need to succeed.

The Business Lending Blueprint by “Oz Konar,” a millionaire entrepreneur who has built multiple businesses in the seven-figure range and beyond, provides step-by-step instructions on how to “sell” various types of working capital such as a Merchant Cash Advance.

Business loan brokers act as go-betweens for small businesses and lenders. When a business loan broker learns about a client’s business and financial goals, he or she uses their knowledge of the industry and relationships with lenders to find loans with the best terms and competitive interest rates.

Small business loan brokers work on behalf of small business owners, contacting lenders on their behalf, assisting them with loan applications, and answering questions during the funding process.

Brokers can charge small business owners a fee for their services, which saves them time and lowers their interest rate.

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What’s Inside Business Lending Blueprint?

After you join the training course, you will have access to six in-depth modules that start with a basic description of the business concept and lead to all the advanced intricacies that anyone interested in this business needs to know in order to be successful.

Below is an overview of what you’ll get:

  • Lifetime access to the BLB content portal. Online video training in the form of six modules.
  • Digital marketing strategies.
  • One-on-one weekly coaching call.
  • All collateral, contracts, scripts, and a website.
  • A list of lending partners you can work with to fund small businesses.

In addition, you can have access to the following bonuses:

  1. Weekly Q&A Sessions with Oz (lifetime)
  2. Private BLB Community on Facebook
  3. Customer support 
  4. Future updates
  5. BLB Flowchart poster with detailed instructions on quick fund deals

Who Is Oz Konar?

Oz Konar is a successful entrepreneur who has amassed a seven-figure net worth and helped tens of thousands of people design their ideal lives and start successful businesses.

Oz Konar

Oz Konar has worked in the financial industry for ten years. He is very knowledgeable about the intricate workings of banking institutions. Therefore, he is an excellent resource for anyone interested in this topic. 

Through a variety of promotional efforts, Konar has achieved more than 4 million views on his YouTube channel, which has earned him over 15,000 subscribers.

Oz is frequently featured in media outlets such as Entrepreneur and The Huffington Post. Both of his books have been published and he frequently gives speeches around the world. 

His training programs have helped numerous people, including some who earned six- and seven-figure salaries in their previous jobs, leave those positions and instead achieve entrepreneurial success.

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What Does A Business Loan Broker Do?

Business loan brokers assist entrepreneurs in obtaining a business loan to finance operations, expansions or projects. 

Your job duties in this profession include helping clients complete the application and reviewing the business’s financial records and assets to assess its need and financial ability to repay a loan. 

You then recommend loan products that meet the company’s financing needs and negotiate with lenders to reach an agreement that benefits both them and the borrower. You discuss the approval process with your client as the process progresses, ensuring that the lender complies with all regulations in the borrower’s country.

Although no formal education is required to become a loan broker, many employers prefer applicants with an associate’s or bachelor’s degree in finance or economics. 

Those who do not have a degree can begin their careers in an entry-level position at a bank or mortgage office, where they can learn about the different types of loan products, commercial loan application requirements, and financial risk analysis. 

Most employers also offer on-the-job training. Although most states do not have licensing requirements, there are some states where they do. Make sure you know the requirements in your home state. It is also important to have excellent communication and organizational skills.

How Does Business Lending Blueprint Work?

Oz Konar said his business model works as follows:

Step 1: Look For Businesses In Need Of Funding

This process starts with using digital marketing strategies like paid social media ads to find leads.

Step 2: Qualify Your Prospects Based On A Wide Range Of Variables

  • Credit score
  • Business account
  • Monthly revenue
  • Established or new business
  • Industry

Step 3: Assess the Lenders’ Offers And Help Them Choose The Best Candidate.

After filling out an application, your prospects will contact different lenders. It’s their choice whether to take the loan or not.

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Can You Make Money With Business Lending Blueprint?

Yes, it is possible to make money with Business Lending Blueprint. 

Business Lending Blueprint teaches their students how to build a profitable online business with low overhead that allows them to work remotely, set their own hours, start as part-time employees, and eventually become their full-time profession.

According to data from ZipRecruiter, the average salary for a mortgage broker in the U.S. is $77,202 annually, 

Considering Oz Konar’s claim that some members have earned over $40,000 a month with their program, you should be skeptical.

After all, he provides no valid evidence to support these claims.

Many people struggle to master the various facets of arranging business loans. So it is never easy to work as a loan broker. 

The bottom line is that you can earn money from business loan brokering, but only if you learn the basics and get a business degree.

Business Lending Blueprint Pricing and Refund Policy

Business Lending Blueprint is expesnive. It costs $2,197.

Payment plan is available. You can pay $845 in three equal monthly installments. The total cost will, however, increase to $2,535.

There is a 30-day money-back guarantee. However, you have to meet some conditions to get back your money. 

After purchasing the programme, you must complete it within 30 days to be eligible for a refund.

Recommendation: Here’s The Best Alternative

Business Lending Blueprint Pros

1. No prior experience is required

As a Business Lending Blueprint member, you learn how to build an online business with little to no overhead so you can work part-time or full-time from anywhere, anytime.

2. Lifetime access to customer support 

You can reach their experts 24 hours a day, 7 days a week through their Facebook group, weekly Q&A sessions, and internal support.

Business Lending Blueprint Cons and Complaints

1. Business Lending Blueprint is Too Expensive

The course is very expensive and not everyone can afford it. After all, Business Lending Blueprint’s course is merely a course. It’s not an all-in-one platform that gives you everything you need to build a loan brokerage business

I don’t recommend investing so much money into a course when you have not made a penny. It’s risky to invest thousands of dollars when you are not sure whether it works or not.

2. Lack of Successful Stories of Students

While Business Lending Blueprint claims that there are thousands of their students see results from the training, there is no verified evidence to show this.

You may see some reviews posting screenshots as proof of the success stories. But there is no way to verify if those are true results or not.

Moreover, while Business Lending Blueprint teaches people how to make money, most of their revenue comes from their courses instead of what they teach. That makes the whole thing not convincing at all.

3. There is No Free Trial

There is no free trial for Business Lending Blueprint. You have to pay a thousand dollars upfront to get started. The risk is much higher in case you don’t like the course or don’t feel good about it. Although they offer a money-back guarantee, there are some procedures or criteria to get your money back.

4. Poor Refund Policy

There is no free trial for Business Lending Blueprint. You won’t be able to get back your hard-earned money even if the course doesn’t live up to its promise. Their money-back guarantee is not unconditional.

5. Hard To Make Money With Business Lending Blueprint

According to Business Lending Blueprint, everyone can make money using their training program. But I don’t think so. It’s not possible for everyone to make money in business.

You have to pay a lot of effort in order to succeed. But most courses try to make it sound very easy in order to get people to buy their courses. They tend to overpromise and underdeliver. Once you pay, they don’t care if you can get any value at all.

Recommendation: Here’s The Best Alternative

Is Business Lending Blueprint A Scam or Legit?

Business Lending Blueprint is not a scam. It is a legit progarm that teaches you to build a loan brokerage business. 

It is important to note, however, that sales is not a business, but a job. Trading your time for money will never lead to financial or time freedom.

It’s likely that you’ll spend most of the day on the phone.

No-show rates of 50%, however, can cause a lot of downtime. You can use that time to create a passive income stream that is more consistent.

Worse still, it is difficult to become a successful mortgage broker.

Mortgage brokers typically pursue bachelor’s degrees in business administration or accounting as these degrees can be useful in the industry.

Besides, mortgage brokers must complete a 20-hour pre-licensing class through the National Mortgage Licensing System (NMLS), which is available throughout the United States. The course covers federal and state mortgage laws, mortgage regulations, loan officer ethics, and other topics.

After completing the course, mortgage brokers must pass the NMLS exam known as the SAFE Mortgage Loan Originator Test. In addition to passing the national exam, mortgage brokers must also pass a portion specific to their state.

For their licenses to remain current and valid, mortgage brokers must complete yearly continuing education courses.

Because it is difficult to make money with Business Lending Blueprint, some customers refer to the program as a scam.

Oz Konar Review: Is He A Scam or Legit?

Oz Konar is not a scam. He is a legit guru who seems to be experienced with loan brokerage business. He had developed a blueprint for selling merchant cash advances before the term “Business Lending Blueprint” was coined. 

Merchant cash advance is a transaction in which your future business revenue is exchanged for a lump sum of cash that is provided to you immediately upon request.

The Merchant Cash Advance Success Blueprint may have been combined with Business Loan Brokers.

Oz Konar, however, is often accused of being a scam for a number of reasons.

A customer complaint on Trustpilot said that Oz failed to provide mentoring and business training as promised.

Oz Konar makes it seem as though his program will make you rich quickly. However, it is far more difficult than you think.

Brokers are completely at the mercy of others, regardless of how much money they make. 

Lead quality is another important issue. For most sales calls, there is a 50-70% no show rate. So if you have 8 calls a day in your calendar, 4-5 of them will not be answered. So you are wasting half of your day (and half of your potential income).

You must close 2 out of 3/4 of your calls if 4-5 of your calls go unanswered each day.

The average commission rate for loans is 50%. In other words, for a commission of $1000 you can get only $500. To earn $1,000, you would need to close at least two loans per day.

Recommendation: Here’s The Best Alternative

Business Lending Blueprint Review: Final Verdict

Business Lending Blueprint is not a programme I can recommend in good conscience, especially when there are better options available.

On Trustpilot I found a customer review listing all the problems he sees with Business Lending Blueprint. For example, he saidthat Business Lending Blueprint is marketed as a quick fix for people’s financial problems, but in reality it could take years for Oz Konar to generate the money it promises.

Business Lending Blueprint Review on Trustpilot

Though the programme contains some decent teaching and ideas, nothing is discussed in-depth, and its training is not comprehensive enough to help you build a loan brokerage business. For most of the topics covered, you can easily find better training online for free.

I think this is the reason why there are few “real” success stories or positive reviews about Business Lending Blueprint. 

In fact, the program only has a 3.1 rating on TrustPilot out of 9 reviews. 

Best Alternative to Business Lending Blueprint

If you’re new to online business, you might wonder if there’s a better business model that doesn’t need making sales calls and can do it as a side hustle.

Of all the business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.  

In affiliate marketing, you can run your business at almost zero cost. Most importantly, you don’t need to invest in creating and developing any products.

Also, it is less time-consuming since you don’t have to manage inventory or handle customer service.

You can enjoy a steady stream of passive income while going on vacation or working a full-time job.

Since the world is full of uncertainty, I’d always choose a business model that has the lowest risk.

But How Much Can You Earn in Affiliate Marketing?

A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods, i.e. SEO.
Wealthy Affiliate Testimonial

Wealthy Affiliate has existed for 15 years and there are many success stories over the years.

To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.

Where to Join Wealthy Affiliate?

Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.

If you want to feel about Wealthy Affiliate, you can sign up for the starter membership here (no credit card required). You can select to be a free member with no time limit.

And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.

You can enjoy all these values without paying a penny.

So I strongly recommend you to register a free account and see it yourself.

Recommendation: Here’s The Best Alternative

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