Quote Originally Posted by Zach View Post
He took the apps over the phone, submitted thru On Deck portal. 80% of his deals were equipment leasing
I've worked in mca going on 9 years and before this I was an equipment leasing professional. Those numbers just don't add up. Maybe in 2008 it was possible to get 4 submissions for every 100 calls, but even back then that did not happen every day.

Equipment leasing is an even bigger stretch - so all those people already had a piece of equipment picked out or a truck selected with VIN & Serial numbers at hand just waiting by the phone to be called to take his credit app?