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09-07-2022, 12:06 PM #1
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Data Axle for UCC Data? New ISO
Hi Guys,
I am starting my own ISO, no experience in the industry.
How do you guys feel about Data Axle for UCC leads?
Thanks,
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09-07-2022, 03:15 PM #2
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09-07-2022, 03:52 PM #3
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09-07-2022, 04:05 PM #4
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09-07-2022, 04:08 PM #5
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09-07-2022, 04:09 PM #6
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09-07-2022, 04:44 PM #7
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09-07-2022, 05:04 PM #8
Eden...like I told you, get the business first, in any way you can and then find the lenders to satisfy your lender's financial needs. Your are going to have to investigate and get trial leads from people. And then see what works and what doesn't work. I'll help you find lenders when you get to that point.
Last edited by Olderguy; 09-07-2022 at 05:35 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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09-07-2022, 05:39 PM #9
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09-08-2022, 10:12 AM #10
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most companies only file UCC's when the deal goes south, so you're basically calling on the worst deals that won't fund (for the most part).
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09-08-2022, 10:51 AM #11
UCC's were great in 2008 when it was only a matter of getting someone on the phone and verifying their balances since everyone you spoke with wanted money back then. Today they're getting 20 to 50 calls per day all saying the same thing, not to mention most funders don't file UCC's on a business anymore until the deal defaults.
You need to look for businesses who could use funding to grow or sustain their business, not "leads". It's not and never was a short cut to cherries and rainbows.
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09-08-2022, 11:13 AM #12
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