Merchant cash advance companies have some very important days in the year: Small Business Saturday, Black Friday, and Cyber Monday. These days hold relevance, not just because they support small business, but also because they coordinate with their success.
What we are trying to imply is that it may seem easy for lenders to say that they are highly coordinated, but the truth is that the mechanism is what helps them to get paid, irrespective of the performance of their retail holidays. A regular loan has to be cleared regardless; it has nothing to do with the volume of sales.
Continue reading Buying Merchant Cash Advance Leads? Know How Mutual Gain Works in the MCA Industry
Even though alternative modes of funding have flooded the market, businesses are still opting for credit cash advances. Since, funds are always needed by business owners, it’s time that you mention the differences between a credit card cash advance and a MCA when you market your loan to UCC leads.
During lean times, one of the biggest decisions business owners need to make is where to get additional capital from and how to obtain it.
Continue reading Buying UCC Leads to Market Your Loan? Explain How a MCA Is Better than a Credit Cash Advance
Marketing a business loan, such as merchant cash advance, is a bit challenging. With so many providers having emerged in the recent years, the competition is soaring high. But, in order to choose the right course of action for your business, you need to ask two questions: Should you buy leads for your business?
If yes, you need to take care of two important things:
1. Are you going to take the job of follow-ups and nurturing them?
2. Can you afford to finance it?
Continue reading Does It Make Sense to Buy Leads for Business Loan Marketing? Yes It Does!
All merchant cash advance providers understand that MCA leads won’t be interested in taking a loan from them unless they are convinced about the benefits. And, the way providers educate them makes all the difference in the sale.
Cash is the most essential requirement of every small or mid-sized business enterprise. It is used for making payments to employees, suppliers, inventory maintenance, and a number of other functions for business growth. As a result of recession, the credit market has tightened its rules, and in other words, most banks are incapable of providing businesses with cash advances. So, what should businesses do to fulfil this requirement? Go for a Merchant Cash Advance!
Continue reading Five Advantages of Merchant Cash Advance MCA Leads That You Need to Know About
You know well that all businesses with recent UCC filings need a lot of capital to launch their venture. Or when a business is expanding, it needs a quick supply of cash to keep up with the pace. Traditional loans, or bank loans, come with a lot of terms and conditions and can be pretty difficult to get. In such a scenario, a revenue based loan could be of much help. And, if utilized wisely, it could help businesses achieve their desired growth. Since cash is an important aspect of running a business, without it, a business might end up in a growth stalemate.
Continue reading Learn Why a Merchant Cash Advance Loan Has a Better Chance of Converting UCC Leads than the Traditional Bank Loan