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12-13-2014, 03:07 PM #1
- Join Date
- Dec 2014
- Posts
- 7
Want To Buy Book of Business/Portfolio
We are interested in buying books of business and portfolios of your existing and past clients. If you recently left the cash advance industry and are looking to sell your book we will pay top dollar. Other industry books may be a good fit as well, such as leasing companies, payroll companies, or processing companies. Either reply to this post or PM me. We will pay top dollar.
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12-14-2014, 01:15 PM #2
- Join Date
- Jul 2014
- Posts
- 128
Want To Buy Book of Business/Portfolio
Crickets Crickets
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12-14-2014, 10:41 PM #3
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Want To Buy Book of Business/Portfolio
This is like one of those Craigslist 420 ads. Are you a cop? Who do you work for?
Kidding...Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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12-15-2014, 02:13 PM #4
- Join Date
- Sep 2014
- Posts
- 720
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12-15-2014, 09:52 AM #5
- Join Date
- Dec 2014
- Posts
- 7
We're just interested in books of business. There are plenty of people who left the industry and still have their customer list. Why not sell it and make some money?
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12-15-2014, 10:30 AM #6
- Join Date
- May 2014
- Posts
- 317
A more formal post perhaps would have been better. Something outlining your company name, some info on what you're offering, website, etc......
That may draw more attention but I will agree with most on here and say anyone leaving the business right now with a decent book is crazy
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12-15-2014, 10:26 AM #7
- Join Date
- Jul 2014
- Posts
- 128
Want To Buy Book of Business/Portfolio
Anyone leaving MCA industry at this time is crazy!
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12-15-2014, 10:50 AM #8
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
What is the value of a book of business anyway? This isn't exactly like swapping baseball cards. Merchants may choose to stick to the previous sales rep because of the relationship or they may choose not to renew or leave for a different funder or go out of business. There are way too many variables.
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12-15-2014, 11:14 AM #9
- Join Date
- Dec 2014
- Posts
- 7
We've had a lot of luck cross selling. Obviously there is value there.
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12-15-2014, 12:19 PM #10
- Join Date
- Jul 2014
- Posts
- 128
Want To Buy Book of Business/Portfolio
So how are you coming up with valuations?
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12-15-2014, 01:48 PM #11
- Join Date
- Dec 2014
- Posts
- 7
The valuations vary. It all depends on a lot of different factors. If you are interested PM me.
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12-15-2014, 03:07 PM #12
- Join Date
- Dec 2014
- Posts
- 6
You will have to value your book at a discount to the average annual gross revenue it generated over the last 3 years.
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12-15-2014, 03:23 PM #13
- Join Date
- Jul 2013
- Posts
- 352
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12-16-2014, 02:03 PM #14
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12-15-2014, 03:14 PM #15
- Join Date
- Dec 2014
- Posts
- 6
I am ISO Relations Manager working for a growing direct lender, looking to establish relationships with ISO's looking for competitive pricing / payouts and application processing efficiency. For more information contact me directly at: 347 897 5454 X 1041. Let's talk soon......
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12-15-2014, 04:24 PM #16
- Join Date
- Dec 2014
- Posts
- 7
There are many ways to valuate. Everything will be considered.
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12-15-2014, 04:48 PM #17
sounds like pearl trying to get their **** back
Anthony Diamond
Underwriter
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12-15-2014, 05:08 PM #18
- Join Date
- Jul 2013
- Posts
- 352
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12-15-2014, 05:11 PM #19
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12-15-2014, 07:10 PM #20
- Join Date
- Mar 2014
- Posts
- 20
Want To Buy Book of Business/Portfolio
Did yah just get fired but were assured that your commissions renewals and syndication money are completely safe unless you screw around if so this is probably your boss setting bait
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12-16-2014, 11:15 AM #21
- Join Date
- Dec 2014
- Posts
- 7
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