Each year we witness new and prospecting merchant cash advance businesses, run mainly by small business owners and entrepreneurs. All these people who are new in the MCA industry get to see the real world: a world beyond virtual life and social media. What fascinates these newcomers is the fact that they can connect with prospecting clients by means of mailing them a small write up about themselves. But no technique “guarantees” success. Some small easy-to-make mistakes can ruin it all. Now the question is, even if you have a merchant cash advance mailing list, how should the direct mailing campaign be designed so that it reduces or avoids the probability of making these mistakes? Here are some of the mistakes easily made that are quite avoidable:
The merchant cash advance industry is booming right now, ever since traditional routes have tightened the regulations for businesses with poor credit ratings. Therefore, it is time that you, a funding provider, use this opportunity to maximize your revenue. It can be difficult to find the best leads in order to market your business. So, it is recommended that you buy highly targeted leads lists from a well-researched company.
You know that when you have to embark on a MCA marketing campaign, you need to have your strategies, road map, resources, and time and money all planned out. You have probably tried it before and have had different experiences every time in the past. Now, let’s assume you already have a highly targeted list of MCA leads, but do you know how you can make the most out of the opportunity? Well, all you have to do is educate your prospects on the benefits of merchant cash advance loans when you approach them via email or phone. Make sure your sales personnel is well informed about the industry and that they can answer all possible questions posed by your MCA leads.
We all know that ACH (Automated Clearing House) is the electronic funds transfer network that processes debit and credit transactions in batches. It is widely used by businesses and is a very convenient option for business owners to receive payments from customers and also to send funding to their customers, such as for Merchant Cash Advances. The businesses that send funding to their customers are the ones who would benefit from ACH Leads. Building clients in the merchant cash industry is not an easy task. If you have a merchant cash advance business, then this means you need to reach the right people at the right time. For this purpose, ACH records have proven to be very helpful.
For years, the lending market was predominantly run by traditional banks, where every business had to abide by their terms and conditions. But following the recession, traditional banks started to refuse loans to businesses, even though businesses still had a need for capital. The introduction of Merchant Cash Advance loans opened the door for small firms to still be able to take out loans, irrespective of their credit history or time in business. Since then, Merchant Cash Advances, or MCA’s, have dominated the loan industry. Here are some of the reasons why Merchant Cash Advance loans have taken the place of traditional loans:
Merchant Cash Advance (MCA) lenders started to address the capital needs of businesses in the US after the recession and affiliated credit crisis. The alternative lending business has quickly become a much needed solution raising needed capital for growing businesses. While MCA loan customers have many choices in the alternative business lending market, they often have difficulty finding and choosing the right lenders because of a lack of understanding and confusion. MCA loan providers need to take this into consideration and be strategic about how the educate and inform their potential customers on the characteristics and differentiators of their MCA products.
While an economic crisis scenario leads many businesses into trouble, it also opens up remarkable opportunities for other businesses. Merchant cash advance business is one such kind that thrives as an alternative lending business that offers to bridge the gap created by the lack of funding sources for other small businesses. However, MCA funding businesses need to target the right leads to reach small businesses and bridge their funding gap. For that to happen, it’s important that you partner with a competent lead generation provider who can take care of your merchant cash advance advertising to generate the best ROI for you. Here are some insights into how efficient lead providers work at arranging merchant cash advance leads for you.
It is true that lead generation companies can help you direct your efforts toward meeting your sales targets. But before you sign up with a lead generation service provider, it is important to know how you can benefit from their list of programs and campaigns to generate business loan leads. Merchant financing Leads offers a wide range of programs to help you maximize your ROI.
In order to scale your merchant funding business, you will always require fresh and qualified leads. However, finding the right leads supplier to partner with is seldom easy. Using our experience and know-how to find you the best MCA leads, we pitch in to take that load off your shoulders. Merchant Financing Leads works with five of the top ten funders in the merchant funding industry, and therefore, understands very well the needs of clients and delivers accordingly. Here is how we do it.
Generating Merchant Cash Advance Leads
While generating leads for businesses, we do not charge simply on the basis of making each direct mail call. Using our Pay per Call program, we ensure that our clients receive the number of leads they require, even if accomplishing that requires multiple mailings from us. We stick to our criteria of selecting businesses to ensure that they meet our client’s needs.
We usually deliver data lists the same day; however, they take no longer than 24 hours in all cases. Direct mail leads can start flowing in almost a week of placing an order. Also, the calls from each of our Pay per Call campaigns are tracked closely. To make the process easy for our clients, a unique 1-800 phone number is generated to direct all inbound calls. Online access to that number is given to our clients who use it to review reports on all calls received and email notifications with caller ID information and recordings of each call.
Applying for Leads Generation
With one of the most competent lead generation firms looking after your business needs, you do not have to worry. Even for the application to get started, we have a simple process that involves the following three steps:
- Share your expectations and business requirements with us.
- We will generate an invoice based on our mutual understanding of the job to be done.
- Pay for your invoice, and begin receiving your leads soon after.
Simple as that. For businesses, time is an equivalent of money. Therefore, the three steps above are intended to simplify the process of placing an order for our customers.
Using industry’s best practices that we have gathered over the course of our 12 years of experience in the funding industry, we deliver nothing but the best to our clients. We provide a consistent flow of fresh and unique merchant cash advance leads for our clients. If you want further information on how we can work with you to grow your merchant cash advance business www.merchantfinancingleads.com will be your best source of information and contact.
As a business owner running a firm that needs to grow with each passing day, the challenge of meeting needs with the limited amount capital often comes up. More often than not, cash flows turn stingy and hinder work processes. As such, businesses are always in need of merchant cash advance (MCA) to keep them going.