Advice for a 23 year old getting started in the space.
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  1. #1
    Senior Member Reputation points: 22201
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    Quote Originally Posted by PhillyFunder View Post
    Hello All, hope this finds you well.

    I have been in the space for about 10 months now, and like to think I am finally getting it down to where I can consistently close deals, and feel confident in my abilities.

    However, I am not making nearly close to what seems achievable in this space.

    Where I work is stingy in terms of commission %, and barely even provides me with the leads or approvals to make more.

    For example this month I've had about 19 Approvals, closed 9, and funded $118,000 with an average deal size of $13,000 getting 26% commission LOL!!

    I was thinking of buying my own leads, and negotiating a much higher commission split since it would be to no cost to them, and would get to use their name to appear more professional.

    I was wondering what you guys who have been around the block for a while think, and if you could point me in the right direction to purchase some decent leads.

    Best,
    TEXT ME ....I will give you a personal free crash course .... I Started in 2005 ..... (anyone else can text me as well!!) its just the last days of the month and making record approvals and funding non-stop dont have more then a min here and there to post here ---- but will speak at nights....
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  2. #2
    Senior Member Reputation points: 22609
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    Quote Originally Posted by MCA-VET View Post
    TEXT ME ....I will give you a personal free crash course .... I Started in 2005 ..... (anyone else can text me as well!!) its just the last days of the month and making record approvals and funding non-stop dont have more then a min here and there to post here ---- but will speak at nights....
    Marcus, can you send me your declines?
    Thank you,

    Joseph Vaknen
    Business Development
    SuperFastCap


    Direct: (646) 546-3866 (Text or Call)
    E-mail: Joe@superfastcap.com
    www.superfastcap.com

  3. #3
    Senior Member Reputation points: 22201
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    Quote Originally Posted by SuperFastJoe View Post
    Marcus, can you send me your declines?
    Hey Joe -
    The best I can do for you right now is not compete with your 10K and below small files. Regarding your question.....

    Capybara Capital is 100% ISO-Driven ---- submissions to Capybara Capital are safe from ever becoming a lead or being contacted by anyone. (one of the main reasons we recently won the business of one of the largest MCA brokerage shops in the USA -- and they also like our Long-Term/Low Factor -buy rate).
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  4. #4
    Senior Member Reputation points: 503040
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    Quote Originally Posted by MCA-VET View Post
    Hey Joe -
    The best I can do for you right now is not compete with your 10K and below small files. Regarding your question.....

    Capybara Capital is 100% ISO-Driven ---- submissions to Capybara Capital are safe from ever becoming a lead or being contacted by anyone. (one of the main reasons we recently won the business of one of the largest MCA brokerage shops in the USA -- and they also like our Long-Term/Low Factor -buy rate).
    Marcus, I’d do anything for you to update your email blasts. The text is 7 different colors, 5 different sizes and all in comic sans. That has the potential to give someone a stroke. Isn’t there a template you can use?

  5. #5
    Senior Member Reputation points: 22609
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    Quote Originally Posted by MCA-VET View Post
    Hey Joe -
    The best I can do for you right now is not compete with your 10K and below small files. Regarding your question.....

    Capybara Capital is 100% ISO-Driven ---- submissions to Capybara Capital are safe from ever becoming a lead or being contacted by anyone. (one of the main reasons we recently won the business of one of the largest MCA brokerage shops in the USA -- and they also like our Long-Term/Low Factor -buy rate).
    Ahem $17.5k and 25k on renewals
    Thank you,

    Joseph Vaknen
    Business Development
    SuperFastCap


    Direct: (646) 546-3866 (Text or Call)
    E-mail: Joe@superfastcap.com
    www.superfastcap.com

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