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01-20-2017, 03:20 PM #36
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- Join Date
- Oct 2016
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My advice: don't solely focus on MCAs. Learn about how to get a client a bank or SBA loan. Learn about AR financing and factoring. Equipment leasing. On and on. Then you call offer better financing solutions to clients. Even if a business owner may not qualify for a SBA, many want to at least believe it's an option. If they don't qualify, then try some of the other options next. If they dont work, then Cash advances.
I'm not even saying that you have to attempt each of those options, but at least discuss and find out whether it's a shot or not, and then move on to the next option. But starting the convo with better financing products makes the business owner more open to what you have to say.