LENDLEDGER

Loan Brokers & ISO Directory

Verified Commercial Loan Broker Badge — LendLedger

There are more than 18,800 loan broker businesses in the United States placing over $9 billion in annual revenue, and in categories like MCA, brokers (ISOs) originate the majority of all volume. A good broker multiplies a borrower’s options and negotiating leverage; a bad one shops your file blind, marks up pricing invisibly, and burns your data across dozens of lenders.

LendLedger profiles brokers and ISOs with the data both sides of the deal need: broker type (ISO, correspondent, mortgage, commercial), product specialties, curator-verified lender network size, deal placement volume, NMLS licensing where applicable, and two structured sub-ratings — deal accuracy (did the terms the broker quoted match what the lender delivered) and operator advocacy (did the broker fight for the borrower when the deal hit friction).

Reviews come from both operators who worked with the broker and lenders who received their files, giving a two-sided picture no other platform captures. Browse featured brokers below or search by specialty and state; open any profile for full ratings, verified relationships, and licensing details.

LendLedger broker network: 500+ verified loan brokers and MCA ISOs across the US
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Frequently asked questions

What is the difference between an ISO and a loan broker?

An ISO (independent sales organization) is the MCA and revenue-based financing industry’s term for a broker that originates merchants and places deals with funders, typically earning 1–12 points on funded volume. Loan brokers more broadly place mortgages, SBA loans, commercial real estate, and business credit products. Both serve as intermediaries between capital seekers and lenders; LendLedger lists both with type labels and curator-verified lender-network data so you can compare actual placement capabilities before choosing a broker.

How do brokers get paid?

Commercial loan brokers earn compensation through lender-paid commissions or points built into the deal pricing — in MCA, commonly 1–12 points of the funded amount; for SBA and commercial mortgages, typically 1–3% origination fees. Good brokers disclose their full compensation structure before submitting your file anywhere. LendLedger profiles carry reviewer flags for undisclosed markups and hidden fee stacking, making it easy to identify transparent brokers from those with a history of pricing surprises.

How does LendLedger rate brokers?

LendLedger broker ratings aggregate moderated reviews from both lenders and operators who completed real transactions, combined with two broker-specific sub-ratings: deal accuracy (how closely the broker’s quoted terms matched what the lender actually delivered) and operator advocacy (how effectively the broker worked on the borrower’s behalf when a deal hit friction). Lender network size and deal placement volume are curator-verified from review evidence rather than self-reported, providing a reliable benchmark for both sides of the deal.

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