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03-26-2018, 07:10 PM #1
- Join Date
- Dec 2015
- Posts
- 610
Question regarding high volume referrals and Business Funding
An Associate of mine has a relationship with an online location that gets a million+ visitors a month for business services to brick and mortar merchants. They repeatedly get requests for business funding, which they do not offer.
They are trying to decide the best way to go about monetizing these referrals (few thousand a week). They're bouncing around ideas like partnering with a lender in this space (or an investor seeking to enter the market), but are open to other ideas as well. I would like to hear what people might think as far as the type of arrangement or partnership he should consider?
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03-27-2018, 03:15 PM #2
- Join Date
- Dec 2015
- Posts
- 610
Also, the associate was more interested in a partnership/referral/relationship rather than just outright selling leads.
Last edited by DonMcGrath; 03-27-2018 at 03:17 PM.
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03-27-2018, 03:19 PM #3
- Join Date
- Jan 2016
- Posts
- 435
See if they are willing to do rev share. Give them 20-30% of the commission for funded deals if they bring you a full package. That way, you aren't shelling out for what might be dud "leads" and if it does work out you all make money.
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03-27-2018, 03:30 PM #4
- Join Date
- Jun 2017
- Posts
- 2,049
We can prob work out a straight rev share on the leads.
Shoot me an email RyanP@GmFunding.biz
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