Results 1 to 23 of 23
-
02-23-2015, 11:09 AM #1
- Join Date
- Feb 2015
- Posts
- 21
ISO deal, can you recommend a good company?
Hello I have some experience in this industry, in the recent past I was working with a broker the problem is their team get the paperwork and close the deal, but they are facing problems to approval, close deals fast and I know that close a deal dont take more than 7 days or even less,
Well, now I am study the MCA lenders, companies to work and send my deals, my business model is telemarketing so I have a team and centers generating leads through telemarketing, we generate new leads daily and what I seeking is a company to work that pays me good commisions, can do several positions loans, have a good customer retention, and have fast approval system
At the moment my team only generate leads so I dont have closers, but I can hire a team to get the paperwork and close the deals also if the commision is good
so in resume I seeking this
1-10% or more commision per deal closed
2- can do several positions loans
3- good customer retention
4- fast approval system (the same day or 24 hours approvals)
5- fast commisions payout through bank transfer
6- good MCA rates for merchants
7- have a team of closers (if possible as option)
8- Pay the same commision on renewals that you pay for the first money advanced
I am review some companies now can capital, cresthill capital, snapadvances, Yellowstone but I would like know what options you can recommend me, I think that will provide good business volume weekly to my principal MCA company, however I would like work with some lenders for more funding options and rates let me know
Thanks
Gabriel
-
02-23-2015, 11:35 AM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Capital is your best option:
1-10% or more commision per deal closed
YEP!
2- can do several positions loans
WE LOOK AT ALL
3- good customer retention
100% we recently hired the manager of customer service that oversaw 100,000 merchants for one of the biggest credit card processors.
4- fast approval system (the same day or 24 hours approvals)
YES our new salaried underwriting department added about 1 new person a month last year!
5- fast commissions payout through bank transfer
YES!!
6- good MCA rates for merchants
for high risk merchants we are competitive.
7- have a team of closers (if possible as option)
we can discuss. (i don't let commission based reps touch ISO Paper, will have to discuss options.
8- Pay the same commission on renewals that you pay for the first money advanced
YES
sign-up today bizdev@cresthillcapital.com
-
02-23-2015, 11:36 AM #3
This is crazy -- you want to get 10% or more for LEADGEN?
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
-
02-23-2015, 11:48 AM #4
- Join Date
- Dec 2013
- Posts
- 4,713
correct let it be known cresthill capitals Admins can practically close the deal.... if the ISO requests help!
-
02-23-2015, 11:50 AM #5
- Join Date
- Feb 2015
- Posts
- 21
with that % I would be able to hire closers, but at the moment dont have, what I say is at the moment with the broker that I work they put the closers and team that get paperwork but I dont get the 10% however if the company put the closers I am able to accept less commision of course
-
02-23-2015, 12:30 PM #6
- Join Date
- Nov 2014
- Posts
- 266
-
02-23-2015, 03:35 PM #7
- Join Date
- Jan 2015
- Posts
- 93
-
02-25-2015, 04:02 PM #8
- Join Date
- Feb 2015
- Posts
- 21
I continue seeking a ISO deal with a serious company, I can provide good volume however I dont want work with companies that have clawback if your company dont have this and meet my requeriments contact me inmediately
Thanks
-
02-25-2015, 04:31 PM #9
- Join Date
- Jul 2014
- Posts
- 128
ISO deal, can you recommend a good company?
Good luck. If you were so valuable as an ISO you wouldn't be out seeking a home.
-
02-25-2015, 04:38 PM #10
- Join Date
- Nov 2014
- Posts
- 97
-
02-25-2015, 04:42 PM #11
- Join Date
- Oct 2014
- Posts
- 260
Is it just me or was his initial post a headache to read. Maybe i am just anal but the grammar was so bad I can't take it seriously.
Second place? Set of steak knives.
-
02-25-2015, 04:57 PM #12
you're brand new to the industry, unproven, and you want to make demands? Why not sign up with one r two companies, take it on the chin initially, PROVE YOURSELF FOR 3-4 months of funding, THEN come back making demands.
If you are half as good as you advertize, the companies you work with would ammend your ISO agreement and others would love to sign you up
-
02-25-2015, 09:57 PM #13jotucker1983Guest
-
02-26-2015, 10:28 AM #14
- Join Date
- Feb 2015
- Posts
- 21
Yes chambo I am new in this industry but I want work with the right people from now, not start with a company that not pay me well or is difficult to grow so everyone that will work a business like these must look at the best option first, doesnt matter if you are brand new or if you are veteran because for example when you are seeking a job in a company you check all the options to see who is the best for you in all aspects and compare them so is the same in all things of life
-
02-26-2015, 10:32 AM #15
-
02-26-2015, 10:36 AM #16
- Join Date
- Feb 2015
- Posts
- 21
Ok John first of all maybe my grammar is not the best because english is not my native language but I dont think that this business will run only with people that have "good grammar" LOL
regarding close my own deals, I would can do it however I am starting so prefer use the company closers that have more experience and skills that closers that I can hire at least for now
-
02-26-2015, 11:16 AM #17
email me at JP@oceanfinancing
-
02-26-2015, 11:49 AM #18jotucker1983Guest
Well, I have been in this business for over 8 years and I can tell you, the landscape is extremely competitive right now and merchants have become more restrictive on whom they allow to work their deals. When you approach a merchant with an email that has sentences and paragraphs structured similarly to how you type on this Forum, most merchants won't take you seriously. You might say that's not "fair," but it is what it is.
Secondly, you keep mentioning this concept of having someone else close your own deals, yet you want 10% commission on top of premium pricing? That doesn't line up with the current marketplace my friend which again, just shows you don't truly have a lot of experience. If you are just sending referrals, you aren't getting anywhere near 10% commission and if you are pricing merchants with premium pricing, you also aren't getting anywhere near 10% commission.
If you produce quality leads like you say, then you need to work with an established Broker who can train you properly to close your own deals. Do that for about 1 or 2 years, then once you are properly trained and understand this business, then you can seek out your own Partnership Agreements as a Direct Broker with Lenders that fit your Business Plan.
-
02-26-2015, 07:58 PM #19
- Join Date
- Sep 2012
- Location
- LA
- Posts
- 13
Contact me: marketing@funderscloud.com. We have 30 Lenders who Compete for your business.
-
02-26-2015, 11:20 PM #20
- Join Date
- Sep 2012
- Location
- LA
- Posts
- 13
Your Absolute Best Option: FundersCloud. Numerous Lenders Compete For Your Business. Proprietary Software. One Credit Check. Email: marketing@funderscloud.com with your scenarios for More.
-
02-27-2015, 11:46 AM #21
We can do any healthcare related industries for you. Feel free to email me for info.
-
02-28-2015, 04:10 PM #22
- Join Date
- Apr 2014
- Posts
- 781
Lendini 10 points automatically and well organized!!!
-
03-02-2015, 07:12 PM #23
- Join Date
- Dec 2014
- Posts
- 114
Robert Menzel @ World Business Lenders
Rmenzel@wbl.com
Cell - 631-235-3423
Similar Threads
-
Merchant has equipment/collateral. Who do you recommend?
By Quickfunder in forum Merchant Cash AdvanceReplies: 35Last Post: 07-15-2015, 05:19 PM -
45M solar farm deal. Need good lender
By connect cbs in forum Deal BinReplies: 2Last Post: 03-02-2015, 07:16 PM -
Trucking company need 12 month deal
By Mhamill in forum Deal BinReplies: 3Last Post: 01-26-2015, 12:18 PM -
What is a good consolidation company?
By bwadvance in forum Business LoansReplies: 7Last Post: 12-09-2014, 10:31 AM -
Need help placing this deal- Financing Company
By CO1 in forum Deal BinReplies: 11Last Post: 05-23-2014, 11:25 AM