Merchant Cash Advance Leads are leads for lenders and brokers? In other words, these leads are business owners that are looking for funding. Are you struggling to get Cash Advance Leads? Have you purchased bad MCA leads? Did the vendor care if you got results? We have heard some sad stories and we know how you feel.
Many of the lead firms in the Cash Advance industry are located in other countries. When we say located in other countries we are not referring to the phone agents. We are referring to the entire company. For instance, a company located in India is selling Merchant Cash Advance Leads to brokers and lenders in the USA. However, they are and India based firm.
Why does this matter? Several of the overseas lead vendors have horrible reputations. Consequently, they’ve had so many complaints that they had to change their company name. It’s really that easy for these overseas scams. If they get too much bad PR they change names and start fresh.
At Synergy we are not changing our name and we don’t have any reason to. We don’t get complaints and we address any client concerns that come up. We are professional and take our profession seriously!
Finding the right Merchant Cash Advance Leads can be a challenging. Likewise, you can spend a lot of time finding the right company. You can waste money trying to find the right leads. You have come to the right place for quality leads!
Synergy is a company that takes time to explain everything up front. Furthermore, we want you to understand how our Merchant Cash Advance Leads will work for your firm. We make sure you understand what our best clients are doing. We ask you questions about what you are doing now to help integrate our Cash Advance Leads into your strategy.
At Synergy we care about our client’s success. If it works for you then it works for us!
It appears that many of our competitors are attempting to move their entire businesses off the phones. They’d prefer to have people order leads directly from their website and never have to get on a cal to answer detailed questions or address human concerns. Here at Synergy Direct Solution we believe it is important to speak to each client. We want to know more about your specific business so that we can adequately prescribe the best possible solution for you. After all, Synergy offers many different marketing programs as well as lead types.
At the beginning of the industry, merchant cash advances were only offered to owners that had merchant processing. In other words, companies that took credit card payments from their clients could get a cash advance. Those companies that processed more through their merchant account could get accepted for larger loan amounts. More importantly, the loanee would pay back the advance based on a percentage of credit card sales. To illustrate, if an owner sold $10,000 through their credit card processing today, they may have to pay back 10% of that amount the next day. Furthermore, they would continue to payback 10% of their credit card sales until the merchant cash advance was fully paid off.
Now, all firms can get approved for this product. Rather than using credit card statements by themselves, owners can use their bank statements to prove the firms revenue. Consequently, the payback amount would no longer be a percentage but would be a fixed payment. These payments are made typically every day or every week.
Lastly, a merchant cash advance does not have an interest rate. Instead, the advance uses a factor rate. Such as, if the factor rate is 1.3 it means that the payback will be the total advance times the factor rate. For example, if a borrower takes $100,000 and the factor rate is 1.3 then they would payback $130,000.
Merchant Cash Advances can be a very quick turn around. For example, Merchant Cash Advance lenders need your bank statements, the application, a voided check, and a driver’s license. Once received, you can get funded within hours. In final underwriting everything is checked in great detail. In some cases, additional documents might be needed. However, in most cases you could get funded within 2-3 days.
In other words, you don’t need collateral to obtain the financing. However, the lender may require a personal guarantee. This means the lender can recoup their losses through you as an individual.
Unlike many typical loans, you can use a Merchant Cash Advance in just about any way you want to. Many loans come with restrictions on how you can use the money. In cases like this, it can be difficult finding the right loan. However, a Merchant Cash Advance has minimal restrictions. In particular, you can pay off debt, buy equipment, pay your payroll, use the funds for marketing, or buy materials for a new job.
Merchant Cash Advances, unlike traditional loans, have much lower qualifications for an approval. For instance, you might be able to get an advance if you have a 500 FICO and deposit at least $15,000 into your firm’s checking account. There are other factors but these are the biggest ones.
Some Merchant Cash Advance lenders will report on your payments. In fact, your business credit can increase rather quickly if you take an advance and pay it off on time. That being said, not all Merchant Cash Advance lenders will report to the credit bureaus.
Synergy was established in 2010 as a marketing agency. Our core products are websites, search engine optimization, search engine marketing, leads and social media. We have client’s in every industry using our websites and our social media programs.
We also have vast experience with click funnels, Google Analytics, graphic design, and email marketing. Synergy has thousands of customers nationwide. We’re partners with Google, Yahoo, and Godaddy. Synergy also has an A+ rating with the BBB.
We decided to design products for lenders and brokers after seeing the competition. Generally speaking, the competition was not able to build comprehensive marketing campaigns. Therefore, they were unable to generate really good Merchant Cash Advance Leads. In 2013 we started using our marketing knowledge to generate quality leads in the Merchant Cash Advance industry.
By using our strategies we can generate cheap Merchant Cash Advance Leads. So our cost per lead is lower than the competition. Our goal is to be the most trusted lead provider of Merchant Cash Advance Leads.
Our Merchant Cash Advance Leads are double verified. We market to Merchant Cash Advance data, UCC leads and internet leads. We more than a dozen lead generation websites. Each website has a call to action. Additionally, we send email campaigns for each website.
We run pay-per-click campaigns on all major search engines. Moreover, we drive traffic to each website through social media. Synergy sends direct mail campaigns and we use radio and TV to generate Merchant Cash Advance Leads.
We have different marketing techniques that generate Merchant Cash Advance Leads. Our agent confirms the lead details over the phone. On this phone conversation they confirm all of the following information.
After the agent sets an appointment the lead details are sent to Quality Assurance for review. Quality Assurance reviews each lead with a critique system in order to ensure our Merchant Cash Advance Leads are the best. These QA agents do not make phone calls to borrowers. They do not get bonuses for submitting leads. The QA Team ensures quality Merchant Cash Advance Leads are the only Merchant Cash Advance Leads Synergy sends out.
The QA Team reviews each recording to ensure it was a good lead. QA makes sure our agents don’t set inappropriate expectations. Expectations such as low interest rates, monthly payments, or type of financial instrument will never be guaranteed by our agents. Synergy understands each lender or broker has their own funding options. We want all of those options available to you when you get each lead.
Our Merchant Cash Advance Leads are delivered daily. Each lead will be sent to your email. You can give us up to five different email addresses. These leads are emailed to you after QA reviews them.
We’re flexible with how many leads you want per day. Some lenders take fifty Merchant Cash Advance Leads per day. Some brokers take one or two leads per day. We can work with any size order! You let us know the maximum number of leads we can send per day. We will try to reach that number every day and never go over.
Integrity and open communication are staples of our service. This is why our clients are so happy with our product. We care about the results they get from our Merchant Cash Advance Leads. We care about your bottom line! Synergy provides unique consulting for each client to help grow profitable relationships. We have a list of lenders that you use to fund more deals and make more commissions.
Synergy advises you on how to approach the merchant. We transition the conference perfectly! You’ll start your conversation with authority and leverage our pre-established rapport. Once you start talking we stop talking. Synergy cares about what happens after this transfer. We want you to win. We want you to close deals!
Returns are going to happen with Merchant Cash Advance Leads. We’ve built returns into our lead system: You can return up to twenty-five percent of the Merchant Cash Advance Leads if any of the following happen:
Our return policy is simple. If you have issues we will replace the live transfer or appointment lead. Just reply to the email and let us know why you are requesting a return. All calls are recorded so we will investigate the issue. A lead will be added to your total. The investigation determines what training is needed. This return policy is not valid for aged leads.
Disclaimer: Merchant 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.
