Due to increasing competition in the MCA industry, cash advance providers are searching for ways to attract customers and enhance sales. ACH leads can be the best call for merchant cash advance providers.
Every business reaches a point in its lifecycle when there is an immediate need of funds. This need can arise because of differing requirements like staffing, adding capital, expansion of business, or advertising.
A business has easy access to traditional bank loans and other lending options. However, these days, traditional banks have very low approval rates when it comes to funding small businesses.
So, there are few chances for a small business to prove its credibility to a bank and receive their desired loan. This is where MCA businesses come to the rescue of small businesses, with their convenient cash advance options.
If you are an MCA business owner, looking for merchants in need of funding, ACH marketing can help you get the best leads. But first, understand what ACH is and how ACH leads can help your MCA business.
ACH – Automated Clearing House
An Automated Clearing House (ACH) is an electronic system for fund transfers. This payment system functions to coordinate automated money transfers and electronic payments. It is one way to transfer money from one bank to another, without the usage of traditional methods like wire transfers, checks, movement of cash, etc.
The ACH system of payment includes transactions based on direct deposits, payrolls, consumer bills, tax refunds and payments. This is one of the most effective and convenient payment methods used by businesses.
Businesses using this method for payments are usually new businesses that are always in a need of funds. Most of these businesses have already used merchant cash advances to satisfy their business funding needs.
The businesses listed in ACH leads are ones that use ACH payments. These lists help MCA business owners contact these small businesses, and fulfill their funding needs through merchant cash advances.
Why ACH Leads?
ACH leads can prove to be the best choice for any MCA business owner, as these are businesses that have already used MCAs before. So, they are well-acquainted with the entire process of receiving advances. You can save a lot of time and effort that would otherwise consist of explaining the loan process, the repayments, and the benefits of MCA.
ACH leads lists or records are highly reliable. With the help of expert lead generation experts like Merchant Financing Leads, you can receive fresh and updated information from these ACH leads.
With a team of experienced experts, Merchant Financing Leads also helps your MCA business by setting up an effective ACH marketing campaign.
So, contact us today and grab the best and qualified leads available for your business.