Results 1 to 22 of 22
Hybrid View
-
01-26-2014, 05:49 PM #1
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
Open Letter to MCA Funders
We are looking for 4 - 5 funders to work with to receive our deal flow for our upcoming alpha launch in the next couple of weeks.
Our mission is two fold:
- Deliver funders - EXCLUSIVE deals based on each funders' individual underwriting criterion. When we deliver a deal to your desk - you will not have any competition. If one of our deals ends up on more than one funders' desk - we've failed. Miserably.
- We will spare merchants from excessive credit inquiries and closing costs and at the same time give them choices. Our mission is to get them as close to wholesale rates as possible - thus increasing the number of contracts that are ultimately signed - while also decreasing default rates.
Funders you should know the following about the type of deals we'll be sending through:
- Most of our deal flow will be sourced via face-to-face contact. We have some exciting business development deals in the works - all involve the merchant receiving the "white glove" experience. We engage by offering substantive value first. Additionally, merchants will be encouraged NOT to get an MCA at all initially - so all applicants will have exhausted other options. They will arrive at your desk - ready to go.
- They will have already pre-selected you. It's like buying a can of soup at the store. After you have made your selection, what percentage of the time do you reach the checkout counter, turn around and put the soup back? It surely happens - but rarely.
- We will gain merchants trust that they wil be placed in the right hands.
- It's free to get into the system for the alpha launch.
- We get paid a flat fee per each deal, regardless of deal size. So rather than writing a commission check for $10k on a $100k funding, you're paying a fraction of that. Pennies on the dollar.
If you are interested in discussing this further - please send me a note. There are about 30 funders out there but we can only bring in 4 to 5 at this time. As we continue to aggressively put together offline biz dev deals and the volume increases, we will let additional funders in - incrementally.
We're rabidly obsessed with mastering every detail of the end to end user experience, so we'll kindly ask your help in providing the type of experience that business owners will go back into their communities to talk about. All this does is generate more organic deal flow for you.
We will remain in alpha throughout the spring and open the platform in beta to the entire industry in June or July.
Thanks!Last edited by JayBallentine; 01-26-2014 at 10:24 PM.
-
01-26-2014, 11:08 PM #2
- Join Date
- Jan 2014
- Posts
- 8
Would like to be a funding option for you , what is the next step in that process ?
Scott Jordan
Dynamic Funding
jordan@dynamicfundinginc.com
303 887 2750
-
01-27-2014, 05:48 AM #3
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
-
01-27-2014, 10:32 AM #4
- Join Date
- Jan 2014
- Location
- Denver, CO
- Posts
- 90
So, basically you want to be a broker?
-
01-27-2014, 11:36 AM #5
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
Not just a broker. A DISCOUNT broker.
EDIT: To be more clear - I am looking to create real value for merchants and funders. Real and quantifiable value.Last edited by JayBallentine; 01-27-2014 at 11:53 AM.
-
01-31-2014, 11:06 AM #6
- Join Date
- Jan 2014
- Posts
- 4
Keen on your business model
Jay,
Sent me a Private message and I'll explain what I suspect may be congruent to your planning.
-
01-31-2014, 11:53 AM #7
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
-
01-27-2014, 02:39 PM #8
- Join Date
- Jan 2014
- Location
- Denver, CO
- Posts
- 90
How long have you been in the industry?
-
01-28-2014, 08:01 AM #9
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
-
01-28-2014, 09:23 AM #10
- Join Date
- Dec 2012
- Posts
- 116
Love a marketing guy with a sense of humor
-
01-28-2014, 11:04 AM #11
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
-
01-28-2014, 12:15 PM #12
Me and chambo used to work with an account rep that was a budding comedian. I went to one of his shows at a comedy club in Chelsea. I was hoping for some cash advance jokes but alas there were none.
-
01-28-2014, 01:59 PM #13
heh heh...Brian
-
01-29-2014, 02:18 PM #14
- Join Date
- Jan 2014
- Location
- Denver, CO
- Posts
- 90
I don't understand, are you joking around?
-
01-29-2014, 02:40 PM #15
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
^^^^^This guy is obviously clueless. Yes he is joking. He has been around forever.
-
01-30-2014, 06:04 PM #16
- Join Date
- Jan 2014
- Location
- Denver, CO
- Posts
- 90
That's not what I meant.
Last edited by Eric S; 01-30-2014 at 08:57 PM.
-
01-31-2014, 12:44 PM #17
Jay is too cool for the common man. He will charge you to talk to you. Check it out: Clarity.fm/jayballentine.
-
01-31-2014, 03:15 PM #18
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
-
01-31-2014, 03:59 PM #19
Jay-Get over yourself.......... I was thinking about utilizing your service until I downloaded the PDF of your book(and I am using the word "book" strictly as a technicality) and saw the Jay Z quotes.
Jay Z is an icon, you are just an MCA guy ......your narcissism is laughable and you can't write for ****.
oh and the Mark Zuckerberg quote is pretty hysterical as well. Admiring and studying two of our generation's most influential Entrepreneurs is understandable. Trying to emulate them is schizophrenic!Last edited by CO1; 01-31-2014 at 04:14 PM. Reason: Pissed off
-
01-31-2014, 06:24 PM #20
- Join Date
- Jan 2013
- Location
- New York City
- Posts
- 409
I won't be trying to build any social network nor will I be recording any rap albums anytime soon. Quotation and emulation can be mutually exclusive of one another.
That notwithstanding, you had a litany of very specific questions regarding e-mail and e-mail marketing when you contacted me initially.
It is a far more profitable endeavor for you to begin creating hypotheses and to start testing them, than it is to let this thread devolve into something out of a teenage drama movie.
When you do, you'll be able to answer a lot of those questions on your own.
Ultimately, if you ever get to a point where you are stuck, you can reach me at http://www.clarity.fm/jayballentine
Have a great weekend!Last edited by JayBallentine; 01-31-2014 at 06:28 PM.
-
02-05-2014, 02:37 PM #21
- Join Date
- Jan 2014
- Location
- Denver, CO
- Posts
- 90
Jay, I don't think he realized that you're here to promote yourself. He must have thought you are here to lend a helping hand.
I can't help but wonder how helpful a guy can be that claims to be a master marketing expert and sells his ideas when you could be using your marketing efforts to close deals. Those who can't do, teach.
-
01-31-2014, 05:02 PM #22
Shots fired!
Similar Threads
-
The Banks Behind The Funders
By admin in forum Merchant Cash AdvanceReplies: 24Last Post: 01-19-2016, 09:39 PM -
Merchant Cash Advance Software for Direct Funders
By Businesscap in forum Merchant Cash AdvanceReplies: 5Last Post: 12-28-2013, 01:03 PM -
FUNDERS: Does this interest you at all?
By JayBallentine in forum Merchant Cash AdvanceReplies: 0Last Post: 12-02-2013, 07:26 PM -
Yellowstone Capital now has 8 independent in house funders
By isaacdstern in forum PromotionsReplies: 0Last Post: 07-15-2013, 03:10 PM -
starter programs for open Bankruptcy?
By Andy in forum Merchant Cash AdvanceReplies: 8Last Post: 04-04-2013, 11:27 AM