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What Are Exclusive Business Loan Leads?
Exclusive Business Loan Leads are leads that are only sold to one client. Surprisingly, not all leads from all lead providers are really exclusive. So, what does exclusive mean? At Synergy, exclusive means the lead is sold to one company… PERIOD! We understand you may have concerns about exclusivity when you’re looking to buy Exclusive Business Loan Leads. Certainly, there’s a trust that every broker has with their lead generation company. In many cases we hear that trust has broken down with companies that say they sell Exclusive Business Loan Leads and then actually deliver watered down and oversold business leads.
How Can We Prove Synergy’s Leads Are Exclusive?
Consequently, it’s been an uphill battle getting brokers to try new lead companies. To explain, the problem began with overseas companies offering Exclusive Business Loan Leads. For instance, these companies would sell every lead as an exclusive one. However, they would sell those Exclusive Business Loan Leads to as many as 10 different companies. Additionally, they pitch their lead hard. They literally will tell you whatever they think you want to hear. Fore example, they say things like “these leads are exclusive and the borrowers are ready to submit their bank statements to you right now.” Sounds perfect right? Don’t believe everything you hear!
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Why Would Companies Pretend To Sell Exclusive Business Financing Leads?
These companies are not selling Exclusive Business Loan Leads. You have to understand what’s happening here. The industry is really hot right now! Brokers in the lending space can make a ton of money with relative ease. The lending industry is attracting the closers, the sharks, and everyone else because this is the new gold rush!
There’s a lot of money to be made by closing these business loans. In other words, everyone wants a piece of this pie! Furthermore, there are a lot of newbies getting into the business lending industry. Unfortunately, not all of these new business loan tycoons know what they’re doing… These new brokers are getting taken advantage of by scammers. As a result, Synergy has to work really hard to educate brokers and lenders a like to watch out for warning signs and things to avoid.
Exclusive Business Loan Leads With Synergy
Synergy offers real Exclusive Business Loan Leads. We recommend the live transfers and think they are the best lead we offer. Moreover, with live transfers you get a 100% contact rate. Consequently, you get to talk to every borrower and have a better chance to build rapport and handle trust issues. Obviously, this increases your chances of closing a deal. We sell Merchant Cash Advance Live Transfers at $30-$40 each. There is no better business loan lead than a live transfer? Exclusive Business Funding Leads can be promised by anyone but if you get the borrower on a live call… you have a chance to earn their business. Ultimately, that’s the salesperson’s job! To earn the borrower’s business.
Our exclusivity policy is 60 days. In other words, this means that we will not sell the lead again for at least 60 days. However, this doesn’t mean that we will be selling the lead in 60 days. It’s our objective to concentrate on new leads and new business. Overall, more than 80% of our lead clients continue to reorder every time they run out of leads. If it works for you then you continue to buy leads from us. Conversely, if it doesn’t work for you we lose your future business. We build long term relationships with our clients by establishing trust and getting them results.
Exclusive Business Funding Leads & Minimum Orders
Many lead companies that sell Exclusive Business Funding Leads require a minimum order. For example, to try them out you’ll need to spend a minimum of ONE THOUSAND DOLLARS!!! Therefore, if you start taking the leads and you don’t like them you will be forced to continue until those bad leads are all used up. Congratulations, you’ve just wasted $1,000 on a bad lead vender. In our opinion, you shouldn’t have to buy a large number of leads. Furthermore, if these companies really believe their leads work then why wouldn’t they drop the minimums? The answer, they don’t believe in their own leads.
Overseas Companies That Also Broker Deals
Don’t fall for overpromises made by overseas lead companies. Do your homework and you’ll see what we’re saying is true. Some overseas companies are also brokers. In particular, they take the best leads and try to collect the package for a submission. Then, they try to get them funded and make a commission. But wait, what does this mean for you if you buy their leads? It means that you are getting the worst leads while they cherry pick the ones that can actually make you money.
To emphasize this, the overseas lead companies will take the best leads for themselves. Additionally, the exclusive business lead they send out are actually going to as many as 10 companies. These companies start racking up complaints. Nevertheless, these companies change their name once it’s been trashed online.
The Synergy Difference
Read more about how Synergy works. For instance, we’ve written countless articles for the business loan industry. In detail, we’ve written articles about the lead companies in the industry, articles about different types of leads, and articles about top lenders in the industry. Likewise, we’ve written several other articles to help our brokers get more sales. You won’t be disappointed by trying us out. Check out our merchant cash advance live transfers, merchant cash advance appointments, or our aged merchant cash advance leads. Unlike the shady overseas companies, we really offer Exclusive Business Loan Leads. Besides that, we are cheaper than the competition because we do our own internal marketing.
What Does Semi Exclusive and Non Exclusive Mean?
Exclusive Business Loan Leads
The difference between exclusive and semi exclusive and non exclusive is pretty simple. Exclusive means only one company receives the lead. Most of the time there will be a certain period of time that the lead remains exclusive. If the lead company tells you that the lead is fully exclusive and that they never sell it to another person…. not ever… they are lying to you.
The benefit of having an exclusive lead is that you know there is no other lender or broker competing with you on a deal. It’s hard enough to find a business owner that is looking for money and then make sure that they meet the minimum criteria to get approved. If you also have to worry about lowering your commission to get a deal done than you might as well approach all leads like that and offer the cheaper rates.
Semi Exclusive Business Loan Leads
Semi exclusive business loan leads are leads that are sold to a few brokers or lenders. At Synergy this means 3 times. For example, with our web leads we sell them once as a 1 week old, once as a 2 week old, and once as a 3 week old lead. In this case you should consider that there might be competition and you might not want to be the most expensive offer.
Non Exclusive Business Loan Leads
Non exclusive business loan leads are leads that are sold as many times as the lead provider wants. For Synergy this is referring to our aged leads, trigger leads, and UCC leads. Think of aged leads as business owners that previously expressed interest in obtaining funding. Trigger leads are leads that applied for an business loan. And UCC leads are leads that took out a cash advance recently or in the past.
Disclaimer: Business Loan Leads are not guaranteed to convert. Every company has their own agents who have different sales skills. Each company has their own follow up systems that may yield different results. Companies have their own lenders where they can obtain approvals. Synergy Direct Solution LLC can in no way guarantee conversions or sales.
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