After many years, the US economy is booming once again. The stock market experiencing strong growth and business hiring is increasing. Likewise, small enterprises are expanding their operations and taking full advantage of the economic growth.
As you know, small businesses are vital for the growth of the overall economy. Approximately 28 million small companies are currently operating in United States. Figures show that small businesses make up half of America’s gross domestic product and offer employment to 57% of America’s working population. Furthermore, they cover 26% of exports and payout 44% of total US payrolls.
Small businesses play a vital role in contributing to America’s economic growth. However, these businesses face difficulty in getting loans when it comes to extra capital to expand their operations. The traditional banks have stopped funding to small businesses due to their poor credit ratings and the high risks involved. They must look for alternative funding sources such as merchant cash advances.
Merchant cash is an advance against future credit card sales and doesn’t depend on credit scores or require any kind of collateral. Thus, this alternative funding is increasingly gaining popularity among business owners. As the MCA industry is booming, it is the right time for the loan providers to plan successful merchant cash advance marketing. But, before you strategize a marketing campaign, it is important that you can identify your target prospects.
Although finding and building clients in the merchant cash industry is a challenging task, getting highly-targeted lists such as merchant cash advance leads is the right way to reach potential clients. These leads provide important information about a business such as company name, phone number, address, pin code, etc. Having access to this kind of useful information will help you develop a marketing plan that will yield definite results.
As an MCa provider, once you have access to highly-targeted mailing lists, the next step is to explain to your business loan leads how this alternative funding is beneficial for their growth. Here are a few considerations to note:
- A merchant cash advance is not a loan. Explain to your MCA leads that agreeing to pay back a loan with a portion of future sales will get them an advance
- Immediate cash involves an easy application and approval process
- Repayments are even easier compared to traditional loans
Illustrating these key advantages will help you pique a business owner’s interest in buying loans from you. The important thing to keep in mind is to hire a trusted lead generation service like ours that will provide up-to-date quality leads lists, making merchant cash marketing easy and efficient. At Merchant Financing Leads, we provide fresh and qualified MCA leads lists that help you get information about a business which could be a target prospect.
All our leads are phone verified and checked for accuracy and reliability. In addition, we have a team of dedicated marketing professionals who will develop a perfect marketing plan that not only allows you to reach prospects quickly but will also increases your ROI.
Still waiting? Get in touch with us at www.merchantfinancingleads.com/ and make the most of your money with our highly-targeted lists.