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Have you ever tried selling non Exclusive Merchant Cash Advance Leads? Too much competition can make it impossible! Synergy has been selling Exclusive MCA Leads since 2013. Many of our clients have tried other vendors exclusive leads and have been disappointed. Furthermore, they feel that the leads they purchased were not exclusive. We understand your concerns about Merchant Cash Advance Leads being oversold. But there’s a certain trust that every lender has to have with their Exclusive Lead Company. In many of these cases we hear that trust has broken down with companies that sell Merchant Cash Advance Leads.
It’s been an uphill battle getting lenders to try new lead companies. The problem started with overseas companies offering exclusive Cash Advance Leads. For example, an overseas company may tell you that they sell Exclusive Merchant Cash Advance Leads. But if they can change their name next week they don’t really care if you’re happy or not. They tell you the leads are ready to buy and ready to be sold. Sounds perfect right? But don’t believe everything you hear!
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These companies are selling these leads to ten different places at the exact same time. You have to understand that new brokers pop up every single day. Everyone is jumping into the industry because they can make 10-20% on a loan! But this is the lead companies gold rush too. There is an over supply of newbies getting into this industry and they don’t know how to recognize the warning signs from bad lead companies.
Exclusive Merchant Cash Advance Leads & Minimum Orders
Many lead companies that sell Exclusive Cash Advance 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 Merchant Cash Advance Leads 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.
Exclusive Merchant Cash Advance Leads – 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 Merchant Advance 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 Merchant Cash Advance 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 merchant cash advance 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 Merchant Cash Advance Leads
Semi exclusive merchant cash advance 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 Merchant Cash Advance Leads
Non exclusive merchant cash advance 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 a merchant cash advance. And UCC leads are leads that took out a cash advance recently or in the past.
Aged Merchant Cash Advance Leads
If you’re looking to save some money you can buy Aged Cash Advance Leads for 1-5 cents each with no minimum order. These are not Exclusive Merchant Cash Advance Leads of course. However, if you nave a sales team and you need a lot of data for them to call on to keep them busy then Aged MCA Leads are perfect for you!
Disclaimer: Exclusive Cash Advance 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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