Hi All,

I've noticed an alarming high rate of Auto Sales, Construction/Contractors (Home Based), Transportation (Trucking, Limo, etc.)

There are good lenders that can accommodate these files but here is the issue-

The files are getting funded at such a high rate from the (and I hate to call them this) "Bottom Feeder" lenders to get the file into the MCA game in hopes to stack with other lenders to show "Hey, X lender funded them- why can't you?"

The file gets stacked - The business gets hurt - the broker wants someone to "consolidate" or "payoff" the "bottom feeder" lender.

*With that said*
Here is the TIP: STOP being GREEDY and hurting your MERCHANTS! 1 out of every 10 files can get some kind of help (as in consolidating or paying off all or some of their balances) and hardly anyone wants to payoff the "bottom feeders" or sketchy funding companies because your going to go back and do it all over again!

So, why not do it right the first time around? Think of the big picture before you find funding and tell them the TRUTH! You will gain more respect and referrals (and reputation) by being honest. You give everyone in this industry a bad name and then you wonder why you can't get new business and ask questions about your Sales and Marketing tactics. Nothing is working because your approach is wrong and you "promise" the unknown.

Think about it...