Results 1 to 13 of 13
Threaded View
-
03-21-2016, 05:26 PM #1
Reputation points: 6278
- Join Date
- Mar 2016
- Posts
- 186
2 deals closed on 35 apps
Hi all,
I'm a new solo MCA broker and I recently started submitting apps through one of these larger ISO's that send out my deals to a handful of funders. I've submitted 35 apps and statements thus far and only 2 deals closed. My question is: is a 2 to 35 ratio a normal ratio? If not, should I be tweaking my leads source or the operations end? Also, I seem to always have a tough time getting answers for my clients (from this ISO) as to where their deal is holding. Is that how it is in the industry? No answers and ****ty customer service? Just wondering.
Thanks
Mike
Similar Threads
-
Getting deals closed
By discountmerchant88 in forum Merchant Cash AdvanceReplies: 5Last Post: 01-06-2016, 11:40 AM -
Leads with apps
By nateteabs in forum Deal BinReplies: 2Last Post: 12-11-2015, 10:58 PM -
30 + Lenders Competing = More Closed Deals = Happy Merchants.
By samschapiro in forum Merchant Cash AdvanceReplies: 19Last Post: 08-16-2015, 03:57 PM -
# of apps - # of declines
By PledgeCap- A.E. in forum PromotionsReplies: 0Last Post: 04-13-2015, 03:55 PM -
CRM Tip of the Week - 7 Powerful Predictors of a Closed-Won Opportunity [INFOGRAPHIC]
By HenryA in forum PromotionsReplies: 0Last Post: 01-13-2015, 02:15 PM