Quote Originally Posted by Chambo View Post
UCC's were first instituted to let other funders know that Funder X was already there. This was to prevent merchants from getting two advances.

With every Tom, Dick and Harry ISO calling UCC's now, and with stacking everywhere, the UCC's don;t even matter. Why bother?
The big plus with UCCs is that they have a familiarity with MCA/RBL and are proven users of our type of funding. It makes the sales cycle faster. The obvious negatives is everyone calling on them and stacking. They are still worth calling but not exclusively. Incoming dialer, LinkedIn and referrals work pretty well for me too. I'll probably utilize those methods and other forms of marketing more and UCC leads less as time goes on.

I kind of like slightly aged UCC leads(12-18 months) a bit more, just because they have no balance(unless they renewed) and aren't getting bombarded as much.

Do you all think they will be used less industry wide in the next 6 months or it will stay the same?