Paying a Broker a commission to find funding for a deal?

[Account Closed]

Just finished Grant Cardon Podcasts #071. In it, he casually mentions that, if you find a great deal and need funding partners, you can reach out to a broker to put together funding from their contacts. The Broker may charge something like $30k, but in the end you will get your funding. Can anyone elaborate on this process? Is he referring to Commercial Broker? Thanks. 

[Omar Khan]

@Account Closed They are also placement agents that can connect you with capital sources. Their compensation - cut, commission, profit split, trailer fee, "whatever you want to call it" - can be structured in many different ways. On the institutional side, investment bankers are the best examples of placement agents / advisors.