I have a little over one million fax numbers (and phone numbers) for premium SIC codes. Before formally "diving back" in to the MCA world (1.5 year hiatus), I invested considerable time (lots of lines of code) and money in this data mining operation and have limited capital to deploy. I'm considering doing fax blasts as I can send them out for 5 cents a pop. Does anyone have experience with fax blasts? Response rate? Quality deal / lead percentage? I know it varies industry to industry, but can find nothing for MCA's.

I really hope these million fax numbers+ can translate into some profits. In a "perfect world" I'd blast out 40,000 faxes and get 20 deals out of it. Not sure if this is fools gold however... Can anyone offer any further insights?