For MCA providers, lead generation can be a daunting task; and, thus, their business suffers losses. Following the best lead generation practices like ACH marketing through qualified MCA lead generation experts can be your best call!
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.
For a business to operate successfully, a smooth cash flow is needed. While established businesses do not face complications getting loans from traditional banks, a small business with a low credit rating is often refused such loans. This is the reason why alternative financing solutions such as merchant cash advances are booming right now.
However, an MCA provider still faces difficulty in finding target prospects and selling business loans. Fortunately, high-targeted lists such as live transfer leads exist to help you reach prospects quickly. As a merchant cash advance provider, when you plan to launch an MCA marketing campaign and sell business loans, getting loan leads from a trustworthy lead generation service like ours is a step in the right direction. At Merchant Financing Leads, we provide the most cost-effective and DNC-compliant live transfer lead generation programs for the merchant cash advance business. We aim to provide fresh and qualified live transfer leads to help you reach prospects efficiently.
The ongoing repercussions caused by the lingering effects of the great recession are still affecting companies around the globe, especially start-ups and small businesses. Qualifying for a loan from a traditional bank is still a challenge for those with bad credit. As a result, businesses now look for alternative financing, such as merchant cash advances.
A merchant cash advance is the best solution for cash-struggling businesses. While merchant funding is increasingly gaining popularity, an MCA provider is also facing difficulties in finding the right prospects. Those already working in the merchant cash advance industry are aware of the importance of building clients and selling loans. When it comes to marketing, you need to know your target audience; Fortunately, ACH leads exist to help you reach prospects effectively.
Since the traditional banks have tightened the loan eligibility criteria for small-scale businesses, especially those with a bad credit rating, they have started looking for alternative financing solutions such as merchant cash advances.
A merchant cash advance is an advance against future payment receivables of a business. Unlike traditional bank loans, an MCA doesn’t require any kind of collateral and stays off your credit report. Although the merchant cash advance industry is booming right now, finding prospective clients to sell business loans is still a challenging task.
Since traditional banks have tightened the loan eligibility criteria for small- scale businesses, especially startups, they have been looking for alternative financing solutions. Due to their bad credit ratings, the traditional loan providers have stopped funding these businesses. Alternative financing such as merchant cash advances turn out to be the best solution for these cash-struggling businesses.
A merchant cash advance is an easy and efficient alternative to traditional financing that offers an array of beneficial features including easy application, high approval rate, timely results and a simple repayment process. An ACH advance is a merchant cash advance transaction that is repaid through direct daily ACH bank debits and not from the merchant’s bank account. ACH payments offer an easy application and repayment process which makes it a preferred option over other financing methods.
At times of stagnant economic growth, the traditional banks have stopped funding small businesses, due to their poor credit ratings. However, for a business to operate successfully, a smooth flow of cash is needed. So there are times when business owners start looking for alternative financing solutions such as merchant cash advances.
A merchant cash advance is an easy and flexible alternative to traditional loans. It is an advance on the future credit card sales of a business. Moreover, this financing solution doesn’t need any kind of collateral and it stays off your credit report. A merchant cash advance offers many benefits however; it has been observed that an MCA provider faces difficulty in finding the right prospects in order to sell business loans. Thankfully, high-targeted lists such as ACH leads exist to help you plan a strategic marketing campaign.
The ongoing repercussions caused by the lingering effects of the great recession are still affecting businesses throughout the world. Getting a loan from traditional banks is still a challenge for some business owners, especially smaller companies. Owing to their bad credit ratings or no credit, the banks cease to fund these businesses which induces the owners to look for alternative financing such as merchant cash advances. More importantly, this alternative financing option features an easy application process, higher approval rate and simpler repayments, which makes it a popular choice among business owners.
Gone are the days when traditional banks were the only funding option available for cash-strapped businesses. Moreover, we all are aware that getting a loan from bank and other traditional providers is not at all easy. There is a long list of formalities, set eligibility criteria which businesses, especially startups, find difficult to meet and fixed monthly payments that can be quite stressing.
Gone are the days when traditional banks were the only funding option available for the struggling businesses. Nowadays, several alternative financing options have emerged that help startups and small businesses meet their capital needs in an easy way. Moreover, at times of stagnant economic growth, banks also refuse loans to businesses having poor credit ratings, so they look for alternative financing. In such a situation, merchant cash advances come out to be the best solution for the businesses struggling to get loans from banks. This is where you come in, but MCA providers continue to face difficulties finding the right prospects. Having a merchant cash advance leads list will help you target the right ones.