If you are a part of the merchant cash advance business or currently own one, you understand the importance of finding clients and building relationships. Fortunately, high-targeted lists such as UCC leads exist that help you reach prospects efficiently.
In this ever-increasing competitive business world, marketing and selling goods are getting tougher and more challenging. When it comes to merchant cash advance marketing, finding and building clients is not child’s play. As alternative funding, owing to its beneficial features, an MCA is increasingly gaining popularity among business owners; but as an MCA provider searching for prospects, it is still a major challenge.
If you are working in the MCA industry looking for ways to market and sell merchant cash advances, you know very well how difficult it can be to find new prospects and build relationships with existing ones. If you are wasting money on buying traffic or putting too much in social media advertising without getting leads, then it is high time you get in touch with a strategic lead generation service.
At Merchant Financing Leads, we are one of the trusted lead generation firms, providing fresh and qualified UCC leads that help you know your target prospects and plan an effective MCA marketing campaign. With years of experience in the MCA industry, our team of dedicated and enthusiastic marketing professionals has assisted thousands of businesses to reach their prospects well-prepared to sell business loans.
A merchant cash advance has been considered to be the best alternative financing for businesses, especially start-ups. Generally, the start-ups and small-scale businesses are new to industry do not have a good credit rating and are often denied funding by traditional banks. So, they look for easier financing solutions such as merchant cash advances.
Because of its easy availability and little to no complexities, a merchant cash advance is gaining popularity among business owners. Even established brands prefer a merchant cash advance over traditional financing because of its many benefits. Although a merchant cash advance is increasingly gaining popularity among business owners, finding prospects to sell business loans is still a challenge.
If you are working in the MCA industry and planning to launch an business loan marketing campaign, getting qualified UCC leads from a trusted lead generation is the right answer. UCC lists are records that contain important information such as contact information about a business including first name, phone number, address, etc. Generally, the businesses listed have low credit ratings and are mostly new to the industry. , This makes them an ideal prospect.
At times of stagnant economic growth, traditional banks stop funding to small businesses, especially startups in part because of bad credit. However, a business needs a smooth flow of cash to be successful, launch a new product and plan a marketing campaign. Therefore, businesses start looking for alternative financing sources such as merchant cash advances to meet their capital needs.
An MCA is an effective solution for cash-struggling businesses. The industry is only a decade old, but has shown significant growth in the last few years. MCA providers offer a lump sum payment to a business against a share of future sales. With its beneficial features, business owners prefer merchant cash advances as an easy funding option. Although the industry is growing at a rapid pace, it has been observed that MCA providers are still finding it difficult to find the right prospects. Fortunately, high-targeted lists such as ACH leads exist to help them reach target prospects quickly. When planning business loan marketing to reach target prospects, getting our up-to-date business loan leads is the best option.
People that are part of the merchant cash advance industry know how challenging the market can be. As the number of merchant cash advance providers is increasing, the competition is rising along with it. In the MCA industry, finding prospective clients and selling loans is not an easy task.
With competition soaring, selling merchant cash advances is tougher than ever. The best way to reach target prospects is to obtain qualified business loan leads such as UCC leads. These lists can be a great advantage for selling business loans. Generally, the businesses new to the industry–startups trying to become established–need capital to ensure a smooth flow of operations. However, because of poor or no credit, traditional banks deny them funding. They start looking for alternative financing solutions such as merchant cash advances which makes them an ideal prospect for an MCA lender.
Today it has become difficult for a business owner to secure capital from traditional financial institutions. Statistics show approximately 80% of small businesses that apply for loans from big banks get rejected for one reason or another. In order to deal with this gap, the merchant cash advance was developed to help merchants fund their businesses.
An MCA is a simple and flexible alternative funding source that requires less amount of paperwork and provides quick access to cash. If you are working in the MCA industry, now is the right time to launch your marketing campaign and reap the benefits. Getting fresh and qualified UCC leads will help you know your target prospects and sell business loans quickly.
A merchant cash advance is an alternative funding source for small businesses who do not qualify for a bank loan. When a business has a cash flow problem and is in need of immediate funds, the first option is to apply for a bank loan. since the traditional banks have tightened the loan eligibility criteria for small businesses due to their poor credit ratings, a merchant cash advance has come out as a viable alternative.
The MCA industry is just a decade old; but owing to its benefits, a number of business owners are opting for this type of financing. However, it has been observed that a number of them are still not aware of this easily available financing. As a merchant cash advance provider, if you are looking for ways to find the right prospects and sell merchant cash advances efficiently, getting an up-to-date UCC leads list from a reliable service like ours is your ideal option. As we are well aware, finding and building clients in the merchant cash advance industry can be quite difficult. However, with high-targeted lists such as UCC leads, you know your targets and can reach them well-prepared.
Due to the rising competition in the merchant cash advance business, finding new merchant cash advance leads is more challenging than before. As a MCA provider, you must have noticed the increasing popularity of cash advances among business owners, yet some aren’t aware of this source and some still have a problem choosing alternative funding.
A merchant cash advance is one of the most preferred methods of funding for several reasons and benefits. since traditional banks have stopped funding small businesses due to their poor credit ratings, merchant cash advances have come become an effective solution.
In today’s competitive business environment, marketing products is getting more difficult. If we talk about selling merchant cash advances, you already know how challenging the marketing process can be. Due to the beneficial features associated with cash advances and the strict eligibility requirements imposed by traditional banks, this alternative funding is increasingly gaining popularity among business owners.
ACH is one of the payment methods preferred by many businesses these days. It is a merchant cash advance transaction that can be repaid directly daily via ACH bank debits. According to a recent perceptions study, “In research and the analysis of supplier activity in the areas of invoicing, payment and remittance, credit and collections, it was noted that 83% of respondents currently receive customer payment in the form of paper checks, 71% receive payment via Automated Clearing House (ACH) and 52% receive payment via Credit/P-Card. Alternatively, when asked which payment method they preferred, 63% of those same respondents chose ACH while 25% selected paper checks.” This study clearly depicts how ACH is preferred over other payment methods.
Due to the strict eligibility criteria levied by traditional banks on business loans, it has become a quite difficult for small businesses to qualify for a bank loan. However, for a business to operate successfully, a smooth flow of cash is needed; so they start looking for alternative financing solutions such as merchant cash advances.
A cash advance turns out to be an easy and beneficial alternative funding source for a cash-struggling business. As a result, an MCA is increasingly gaining popularity among business owners. Those who work in MCA industry are aware of the importance of finding and building clients. Unlike other industries where you know who your target clients are, searching for prospects in the merchant cash industry is a big challenge. Fortunately, high-targeted lists such as UCC leads exist that help you reach target prospects quickly.