[mbradford101]

Hi Finance1, Thanks for the advice - I appreciate it. I may first try doing it on my own using the training the different MCA lenders offer. But I understand it probably is harder than it looks...

Still wondering if anyone out there has sold MCAs using door-to-door cold-calling, who can share what the typical ratios might be?

On another thread talking about cold-calling BY PHONE, I saw that MCNetwork said:

"Using a cold call approach, a good lead warmer might get 1 full application from 150-200 dials. Out of 100 full applications, you might actually fund 10-15 deals (even though you might get 30-40 approvals). If you have to pay the lead warmers an hourly wage it can be a very expensive process."

and CO1 said:

"Its not about getting in apps anymore. Its serial shoppers and the big guys trying to kill the small guys. My company in one month gets 50-60 full package but we end up funding only 25-35 at the end."

So I'm wondering if I left a flyer and business card at 100 businesses per day, what that might get me?

...Maybe a few conversations and one application, or what?

I was thinking of starting out doing this one day a week, and seeing what I could get from it. But I'd really like to have some idea of what to expect before I start.

Also, are there any important things to include on the marketing materials that businesses are looking for -- that might greatly increase the response rate?

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[Chambo]

Oh, by the way, funding pro, I'm new here... but I wondered from your post above if you truly are a dick, or maybe just having a bad day. So I looked at your profile and saw your other recent posts, and it appears you truly are a dick. So please butt out if you don't want to offer advice. This is a forum where these kinds of questions are meant to be posted. So even as a newbie, I don't believe asking legitimate questions like this is something you should come along and say, "Hey everybody, Don't waste your time here, Ignore this stupid post," which is essentially what you said. Other newbies will likely find this thread in the future, and could benefit from it (as I will), if good answers and advice are shared from people who are experienced at selling MCAs. No offense is intended, but I don't appreciate being treated like a village idiot asking a stupid question when I know the question is legit.

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I don't think he was being a dick at all, but more honest and blatant than someone else might have been.

Cold Calling or Door-to-Door will get you deals, but you will put in 10-20 times the work for the same results.

I agree with the above posts. Now is not the time to come in brand new and go at it alone. You will be eaten for lunch. Your best bet is to go work for an established ISO for a while and go through the actual process on 10-20 deals first to get your beak wet.

[mbradford101]

I JUST SENT THIS PM TO funding pro, after seeing his latest post and then deleting the portion you copied from my last post:

funding pro, I had added this to the bottom of my post, and then refreshed and saw your helpful response, which made me want to forget the ABOVE. So I removed the text below, but figured you might have seen it, and might already be responding in kind. So I wanted to let you know I removed it, so we don't need to get into a pissing contest...

"Oh, by the way, funding pro, I'm new here... but I wondered from your post above if you truly are a dick, or maybe just having a bad day. So I looked at your profile and saw your other recent posts, and it appears you truly are a dick. So please butt out if you don't want to offer advice. This is a forum where these kinds of questions are meant to be posted. So even as a newbie, I don't believe asking legitimate questions like this is something you should come along and say, "Hey everybody, Don't waste your time here, Ignore this stupid post," which is essentially what you said. Other newbies will likely find this thread in the future, and could benefit from it (as I will), if good answers and advice are shared from people who are experienced at selling MCAs. No offense is intended, but I don't appreciate being treated like a village idiot asking a stupid question when I know the question is legit."

[MCNetwork]

So I'm wondering if I left a flyer and business card at 100 businesses per day, what that might get me?
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Sore feet and no apps!