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I am currently speaking to a source who says he can do 100 live transfers for $1500. He sent me a recording of a call and he basically prequalifies the merchant and transfers them to me with a completed app. Seems kinda fishy. Has anyone had any luck with these kind of sources? We're trying to move away from doing 400 calls a day on a power dialer.

The competition level of a file (or your leads), and your level of effectiveness at competing is very important. You have a very short period of time to convey Words, Actions and Processes to convince your merchant to buy your credibility right there on the spot, or to make him think about it and come back later. If you haven't sold him or her, this is the point when the ghosting starts to take shape. REASONS -You never created a sense of urgency with the merchant to take action now. -You don’t follow up when you say you would, (or at all) so merchant doesn’t take you seriously when you actually do reach out. There’s someone else who was more serious. -You never established the burning reason or motivation why the merchant should take the money quickly, ie. NOW? (It's either to remove pain that will get worse if you procrastinate, or take advantage of a good opportunity that you might lose) -The merchant doesn’t believe you are a credible solution to his problem or desire. Either you don’t have the right lenders or right alternatives, or you give the appearance of a one-trick shop. -The merchant took money already. -You don’t have a one call close mindset…If merchants typically close with you in 1-2 weeks after you connect with them, there's likely things you could be saying or doing to have them close on the first call, or at least in the next 24-72 hours. -The merchant went through the whole process before and had the deal killed at the gate or in final underwriting, and as they start the process with you, it feels like they’re just going through the same motions as before. -The merchant just didn’t feel like speaking to you anymore and they weren’t compelled to provide a reason. -Spoke to 5 guys today like you and you all sound the same. He went with the one guy who made him laugh, or who knew his industry, or got him to take immediate action -Wasn’t comfortable giving subsequent financial info to someone he met over the phone (40% of financial deals done in person or off referral, 80% of people will never do business off a cold call). -Wasn’t comfortable with you – gender, color, part of the country you’re from, talk too slow/too fast -Cold feet when he thought about the reality of paying back all that money -You were too high pressure on the phone. You want to be calm and relaxed, will moving with expedience. -You don’t follow instructions. He said call him Wednesday at 1 PM. You called at 10 am, then again on Thursday. -Wife told him it wasn’t safe sending financial info to a stranger -Found another solution and didn’t bother to let you know (you weren’t important enough). -The merchant has issues that were a problem for them in the past and feel that they would block them getting money now. You never discuss it and they lose faith, and don’t tell you. -Merchant had a minor need or desire, but not a serious one, so they were never fully committed. -Merchant spoke to another sales guy over the phone, and the experience was so negative, they were turned off by future calls. The majority of these issues can be solved with just asking the right questions, being on top of your merchant, and matching the merchants’ proclivities and behaviors. www.UccRadar.com – Large sales volume merchants filling out your application.

We are looking to sign up with the best consolidation companies in the space , Pls share with me best reverse consolidation names? if you have a direct contact pls share as well Thanks

G&G intoduced themselves to us as a consolidation companies, everytime my merchant signed a contract then there underwriting team disappears and communication is horrible and i am not sure if they take reach out to my merchant directly and sign him up or not ? so pls advise if they are a legit funder or not ?

This is interesting.... https://www.theverge.com/2024/6/17/24180196/adobe-us-ftc-doj-sues-subscriptions-cancel ​I personally know people who came into the industry, got their Adobe subscription, left​ the industry, and were stuck holding the bill​ without realizing it. Since even before the 2000s, I never ​s​tayed away from Adobe Acrobat, they were known to have the biggest security leaks and major RAM hogs (on my ​16mb of RAM in Win95). ​T​hings are obviously better now, but I have been using GIMP for image manipulation and I purchased in the one-tim​e FoxIt​PDF license (2 times, once for v10, ​recently one for v13), and I use SignNow for my eSign platform​, paid yearly. (DocuSign is way overpriced IMHO.)

Hey guys I need anybody that will match 1.18 paying 3-4 points Let me know if you can think of anybody NOT PAYING OFF THE FIRST position with Channel on a monthly

Hello all i have a client grossing 12 million a year needs 500k 680 fico been in business for at least two years jt@Atlasinvestmentsinc.net

Hello, Who can do a reverse for 1.5MM for a merch in Cali? Merchant has about 6 positions they need consolidated. Tried GFE, Qfs, Fenix, Nexi. Thanks!

Who's funding previous defaults ?

We have been using Ringover, but its really slow and we have to deal with people not answering and we sit there most of the day just listening to the phone ring. We want to use something like Augutech or Convoso where it only connects when someone actually picks up. The only issue is that Augutech has a 5 seat minimum and Convoso has 20. Is there a similar product out there that small shops can use?

can you please guide me through the best line of credit or business credit card funder in the space ? i used to deal with individuals in this business section but its not helpful and i need to deal with a legit entity , pls recommend some

What lender can do $400k business lines of credit, LOC for a commercial construction business with $200k - $300k monthly deposits, and 660 credit scores ?

Does anyone here have a California license that is also signed up with Byzfunder? I'd like to refer a client.

What is the goal you are trying to achieve with the refi? Pay off existing not due 9/10/24 of 4.75M Current mortgage balance: 4.75M Current available equity: 1.45M Current property value: 6.2M Can you provide a credit score report of the owners of the property? 730 Transunion, 772 Equifax. No other properties to refi. Not enough business income to supply more cash for the pay off. Anyone interested? Lenders only - no other brokers please. DM.

Who can help with a refinance of a 5 unit Commerical Buidling that is under construction. Client is 65% done with the build and owns it free and clear Looking to refinance and pull cash out to finish the build have two triple net tenants with deposits put down once its complete 680 fico multiple member llc Jt@atlasinvestmentsinc.net

C2 Advance LLC Qualifications: • Minimum 1 year of experience working for a financial services firm, preferably in the MCA or cash advance space. • Underwriting experience in alternative financing (MCA). Responsibilities: • Perform due diligence on eligible deals (e.g., valuation, credit review, financial document review, merchant research, risk assessment, review site inspections, etc.) Analyze the data from prospective merchant applications. • Conduct phone interviews with merchants. • Present pricing, stipulations, and terms within risk parameters for eligible deals; communicate funding offers to merchants. • Interact with internal Sales Team and Senior Underwriter. • Read and analyze credit reports, merchant processing statements, bank statements, and financial statements to determine the merchant’s ability to support the exposure associated with their business type and requested parameters. • Gather due diligence data from various locations, including but not limited to third party vendor websites and the internet. To apply please contact uw@c2advance.com

Curious how you all handle PSFs in situations where one funder may pay a reasonable fee directly, and another good fit for a client may not pay anything, or very a very limited amount - less than you want. For example, say a client is looking for a line of credit. You've got two solid options. Funder 1 pays you directly, we'll say 5 points. Funder 2 pays 1 point, which is not where you want to be. Do you collect a PSF for the difference only for Funder 2? Collect a general PSF that provides an allowance for a credit for funder payment? I try to work with funders that pay directly so I don't have to mess with PSFs, but also want to place clients where they can get the best terms - and best likelihood of closing. And of course I'd like to be paid a reasonable amount.

Looking for motivated self starting agents to join our group. If you fall in this category and are a strong CLOSER we would like to speak with you. This is not a remote position. Please send resume and correspondence to: ed@advancecapllc.com

We are looking to expand our sales team Looking for dedicated, motivated and disciplined individuals that can work from home WE can provide leads and a 50 percent payout across the board SERIOUS INQUIRIES ONLY PLEASE ANTHONY 347 439 8710

Check 21-22 Processing Virtual Terminal Quick Overview 5 Minute Merchant Phone Application Quick Approval & Activation - Generally within 2 Business Days You will receive your E-Check from your customers within 5 minutes. Deposit via Teller, Mobile or ATM 2.00% Discount Fee ZERO Transaction Fees. Check 22 Verification Optional You will Get Paid for the Full Amount You Billed: Discount Fees are Billed Separately. One-Time Activation Fee

I have a franchise company in TX that is coming off a MCA that they completely paid off* Here is the situation They were a previous default so they just finished paying off this default loan program The company that funded them took one extra payment and did not reimburse him They will not issue a zero balance letter to him because they are trying to keep him in house* They want to renew him for 80k after funding him 40k This is NOT the first client that they have pulled more than one payment on accidentally (apparently they have a stacking fee clause:( This franchise company does 300-500k a month* I want to bring him somewhere else ​​​​​​​Anthony 347 439 8710

Stop Losing Deals and Start Funding More!!! With MCA Simplifieds platform, you can capture, nurture, and close your deals in one place. Our CRM's automation and campaigns are pre-made to help you fund even while you sleep. Our System Offers: Effortless Lead Management: Create custom lead capture forms, high-performing landing pages, and full-featured websites with our intuitive page builder. Powerful Follow-up Tools: Automated AND Pre-built follow-up emails and SMS ensure you stay connected with your leads, maximizing your chances of closing deals. Comprehensive Deal Pipeline: Seamlessly manage your deals from start to finish, enhancing your decision-making and boosting overall productivity. Multi-Channel Marketing: Reach your leads through phone calls, voicemails, SMS, emails, and even Facebook Messenger with our integrated marketing tools. AI-Driven Automation: Utilize our AI tools to qualify AND Disqualify leads, automate tasks, and improve your marketing campaigns. Test out our MCA Genie A.I HERE Digital Application: Send applications to merchants with electronic signatures and signed certificates of completion And MUCH more.. Maximize Your Deal Closures In No Time! Visit MCAsimplified.com today and start your free trial! MCA Simplified Sales@MCAsimplified.com MCAsimplified.com (718) 557-9554

Interesting news on one of the larger trucking factors....... Triumph Financial and C.H. Robinson Announce Strategic Relationship Triumph Financial, Inc. (Nasdaq: TFIN) and global logistics provider C.H. Robinson (Nasdaq: CHRW) announced today a strategic relationship focused on delivering innovative payment solutions to the transportation industry.