[jfeinberg]

Good morning DF family. Hope everyone is safe, healthy, and still grinding to get something done.

I just wanted to shed some light about how to make money right now by funding deals. While everyone is focused on the PPP program wasting time. We are currently funding equipment deals. Below is an example of a couple deals we have funded this month already at Everlasting Capital:


Trucking Company

Equipment: New Concrete Trailer
Volume: $127,000 with $50k working capital added. (SAME SOURCE)
Term: 60 Months
Commission: $16,714

Oil Company

Equipment: Used 2013 Vac Truck
Volume: $79,200
Term: 48 Months
Commission: $6,736


We are a broker not a lender/funder, before anyone asks.

However if you are not aware we created Equipment Broker School to teach the in's and out's of the Equipment Finance & Leasing industry. We have been operating Equipment Broker School for close to a year now. There is a great member community that has been created because of this training program, which you will get access too.

We created this because 98% of MCA brokers cannot go directly to most of the A-B paper lenders. There is a huge barrier of entry to get signed up with most of these sources. We are able to streamline the process to make them available day 1 of being signed up.

The training is online available 24/7, there are over 200 videos, 36 quiz's, and much more.

Typically we were selling this program for $697. However with everything going on right now with COVID-19, we are giving away this training for $250. That is a steal, and you will see the ROI almost immediately. Below is a link to sign up.


https://www.equipmentbrokerschool.co...Fj5fq/checkout

[blashley]

Is there a market right now for equipment leasing?

[jfeinberg]

Is there a market right now for equipment leasing?

Yes, there is still a lot out there. You have to target the correct industry's that will need it.

Trucking
Construction
Medical


Those would be the ones I would focus my time on. But EBS would be huge for after all of this, who knows what is going to happen to the MCA industry. There have already been a lot of change in the MCA industry that most haven't seen yet.

[WestCoastFunding]

Yes, there is still a lot out there. You have to target the correct industry's that will need it.

Trucking
Construction
Medical


Those would be the ones I would focus my time on. But EBS would be huge for after all of this, who knows what is going to happen to the MCA industry. There have already been a lot of change in the MCA industry that most haven't seen yet.

I hear you. It’s just that trucking and construction are desperate to make payroll and equip leasing is on the back burner.

[jfeinberg]

I hear you. It’s just that trucking and construction are desperate to make payroll and equip leasing is on the back burner.

Yes and no. There are a lot of company's that are desperate and putting on the back burner. However the ones that are leasing are actually thriving in these times. That is who we are targeting along with our ISO's that are still submitting and funding these equipment deals. Just got to sift through the S*** to find the gold.

[Zonefund]

Josh,

Does the course share sources of equipment lenders we can sign up with afterwards or would this all be done through your company?

Thank you

[jfeinberg]

Josh,

Does the course share sources of equipment lenders we can sign up with afterwards or would this all be done through your company?

Thank you

You would work through us to start, as most sources will not approve your Partner Application unless you have substantial volume of Equipment Financing. However, once you build up volume we will connect the dots for you to go direct. We also do not restrict you from finding lenders on your own.

[fundingsmbs]

the lenders get 5% and if you do the math @ 5% for $350B they just made $17B in two weeks risk free. they will fight tooth and nail to treasury about liabilities. looks like big banks win again