Characteristics:
1. Facilitates loan process: A loan facilitator helps borrowers find suitable lenders and assists them in the loan application process.

2. Acts as an intermediary: A loan facilitator acts as an intermediary between the borrower and the lender, helping both parties reach a mutually beneficial agreement.

3. Expertise and experience: Loan facilitators have extensive expertise and experience in the lending process, which helps them navigate complex lending procedures.

4. Access to multiple lenders: Loan facilitators have access to a wide range of lenders, making it easier for borrowers to find the best possible loan terms.

Advantages:
1. Convenience: Loan facilitators provide a one-stop-shop for borrowers, simplifying the loan application process and saving time.

2. Better loan terms: Loan facilitators have access to multiple lenders, which can increase the chances of getting better loan terms and rates.

3. Expert advice: Loan facilitators offer expert advice on loan options and help borrowers make informed decisions.

4. Faster loan approval: Loan facilitators can expedite the loan approval process, helping borrowers get the funds they need quickly.

5. Lower risk: Loan facilitators help borrowers find reputable lenders, reducing the risk of scams or fraudulent activities.