Lead Tycoons helps Business Loan Brokers to Increase Profits and Minimize Risk with controlled Lead Acquisition Opportunities
Business Loan Leads come in many different shapes and forms. By partnering with Lead Tycoons, we can help to create leads that you are looking for, including both short-term and long-term solutions, whether you offer financing options such as business credit, term loans, merchant cash advances, equipment financing, and working capital. Below, we will reveal everything you need to know about how we can help business loan brokers with generating Merchant Cash Advance (MCA) Leads.
We live in a competitive world today, and businesses need to do everything they can to stand out from the crowd. This is where our service comes in, making sure that you get the MCA leads you need to take your business to the next level. We offer a wide range of different Lead Generation Solutions, ensuring that you have everything you need so that you can provide you with opportunities to keep your sales pipeline active.
So, let’s take a look at MCA lead generation in further detail and what you can expect when working with Lead Tycoons
What is a Merchant Cash Advance?
A merchant cash advance provides alternative finance in comparison to a conventional small business loan. A merchant cash advance provider will say that their finance product is not technically a loan. Instead, a person will get an upfront sum of money in exchange for a slice of sales in the future.
Why do Business Owners want to have a cash advance?
There are a number of different reasons why merchants are looking for cash advances. The benefits are as follows:
- Fast cash – There is only one place to begin, and this is with the fact that merchants can enjoy quick cash. Once the application has been received and approved, the applicant can often receive the money they need within a matter of hours. In some instances, further documents may need to be supplied. However, you should not really need to wait more than three days.
- Positive business credit – Some merchant cash advance lenders will report on your payments. If you take an advance and you pay it off on time, you can increase your business credit fairly quickly. However, it is worth pointing out that this is not always the case, as not all Merchant Cash Advance lenders are going to report to credit bureaus.
- Minimal qualifications – Unlike conventional loans, merchant cash advances have much lower qualifications for approval. For example, if you have a deposit of at least $10,000 in your business’s checking account and a 500 FICO, you may be able to get an advance.
- You can use the money how you want to – Unlike a lot of conventional loans, merchant cash advances can be used in just about any way the business owner wants them to be used. A lot of loans come with restrictions on how the money can be used, and this can make it difficult for people to find the right loans for them. However, this is not something people have to worry about when it comes to an MCA. You can use this to purchase new materials, fund a marketing campaign, pay your payroll, buy equipment, pay off debt, and much more.
- Merchant cash advances are unsecured– Last but not least, you are not going to need any collateral in order to get the financing. Some lenders may ask for some sort of personal guarantee yet this is not always going to be the case.
What is a Lead?
A lead is an individual or business that has expressed interest in a service or product offered by a business. MCA leads, otherwise known as Merchant Cash Advance leads, are interested merchants and business owners who are looking for loans or fast capital solutions for their company.
There are small business owners who cannot access traditional bank finance for a number of reasons, such as a bad credit score or no credit history at all. They are looking for alternative forms of business financing. As a broker, they will rely on you to help them find a suitable solution, so we can bring you the leads you need.
What sort of marketing can be used to generate MCA leads?
There are a number of different marketing approaches that can be used for MCA lead generation. It is always recommended that an omnichannel multi-prong approach be used when it comes to lead generation and production. Some of the different strategies that deliver great results are as follows:
- Video content
- Display network advertising
- Pay-Per-Click advertising
- SMS outreach
- Banner initiatives
- Email campaigns
- Online ads
- Outbound Telecommunication
How much do MCA leads cost?
The cost for an MCA lead can differ depending on a number of different factors, such as the initiative of the campaign and availability. We do not specifically tailor our initiatives for just for MCA, as there are a number of different challenges and restrictions within search networks that go with that.
A lot of the time, a company owner will need to be educated after further discovery, and you, as their broker, must put them on the correct path depending on their situation. As a consequence, MCA lead pricing can and will differ, as there is not always a fixed cost associated with this. Particularly when opting for leads produced in the real-time environment.
Therefore, you can have aged leads that you can insert into your sales processes immediately. They will help you avoid unknown or unexpected costs within the search networks. Ultimately leading you with a database full of opportunities to extract revenue from. However, you can also have real-time online generated leads that cost as much as $30-$100.
What to expect from Lead Tycoons
We generate targeted, high-quality business loan leads. We help to bridge the gap between small business loan professionals and merchants. Merchants need your help. Now more than ever, small business owners are looking for alternative finance solutions so they can access the working capital they need to move their businesses forward.
Conventional lending organizations make small business owners jump through too many hoops and corporate red tape. This means that a lot of business owners cannot access finance via traditional means.
Instead, business owners need to turn toward alternate finance solutions, and they turn to brokers to get help with this. We can help you with this! We help clients to get access to new customers at an impressive Cost Per Acquisition, ensuring you reap the financial rewards.
While we generate business loan leads, we do not only help our clients in terms of acquiring new clients but we also assist small business owners by connecting them with our clients as well.
We make sure that all MCA Leads have verified contact information.
When you use the service that we provide here at Lead Tycoons, we will make sure that all MCA leads are verified. You can be sure that we won’t waste your time with leads that are not usable or suitable for your brokerage. Disconnected numbers, incorrect emails, are all a waste of time and money. We use a robust telco platform that validates contact information which will provide you with enhanced connectivity if you are performing phone outreach.
Many Lead Orders can be initiated On Demand, and processed within 24 Hours.
We have a number of different opportunities and options available to you when it comes to MCA leads. You can order online and you will experience delivery within 24 hours. It really is that simple.
You can choose from a range of different options as well, ensuring you end up with leads that are right for you. This includes the following (and more):
You can easily read more about each of these options by clicking on “details” and ordering online is quick and easy as well.
Various Alternative Business Financing Lead Generation and Data Streams
In the current day and age, things are happening at an incredibly quick speed. The world is changing all of the time, especially in today’s competitive market. This is why it is important to get real-time access to the best MCA leads so you can stay on top of your game. So, let’s take a look at some of the different types of loan leads that you can make the most of.
Working Capital Leads
Company owners who find themselves in a cash crunch may require your assistance. We capture leads and distribute them in real-time. This will give you the power to stay ahead of the competition. With our 24-hour solution, you can make sure that you never need to miss out on any sort of opportunities that come your way.
Invoice Factoring Leads
As we make the most of a number of different offline and online marketing channels, we come into contact with company owners from a lot of different industries.
In particular, we have noticed an increased demand from company owners that are in sectors such as HVAC, electrical, logistics, transportation, and construction. A lot of these kinds of small companies come into cash flow trouble because of slow-paying customers, vendors, and contractors. Often, they may need assistance when it comes to accessing short-term working capital solutions and invoice factoring. These sectors will encounter issues relating to cash flow and they will often be looking for business funding solutions to assist them.
On the flip side, a lot of these company owners may not necessarily realize that all of these different options are out there. Therefore, when we provide you with the MCA leads you are looking for, we will always advise performing additional discovery and taking a consultative approach when we step in to offer business funding for these businesses.
Business Loan Leads
We will also generate targeted, high-quality business loan leads. We help to bridge the gap between small business loan professionals and merchants. Merchants need your help every day, so we can help you to make the most of this.
Aged MCA Leads
A lot of company owners who have had trouble getting conventional finance in the past have become undecided about accepting an MCA. In some cases, they may have accepted an MCA in the past, yet they may need some more cash now. We can help to give you contacts of these company owners who inquired about short-term financing options previously. Many of these owners are tired of dealing with city-slickers. Many prospects in these MCA Aged Lead Data Streams are neglected. Commission is just waiting to be found.
SBA Loan Leads
Small company owners typically depend on alternative brokers and lenders to guide them through all of the red tape. We generate and produce leads of company owners who qualify and are searching for SBA Lending Options. These leads of business owners who are looking for capital will generally have good credit profiles and a good amount of time in business.
As the Small Business Administration is offering SBA’s Economic Injury Disaster Loans and Advances that amount to as much as $2 million, there will be more people getting in touch with you for business finance. Aside from this, there are a lot of companies that may not qualify or be eligible for a number of different reasons. However, these programs are set to expire. Leaving more business owners to focus on alternative lending and advancement options. This is where you will be relied upon heavily to help these owners to get access to the business funding they are in pursuit of.
We can give you access to company owners who may be looking for SBA loans. The SBA has brought about some incredible programs to help small business owners who have required monetary help over the past two years. Should you be a loan broker that has partnered with an SBA lender, we can assist you by lining you up with company owners that may be eligible or qualify for SBA funding.
If you would like to find out more about how we can help you with MCA Lead Generation, please do not hesitate to get in touch with us today for more information. Please Contact Us and we will get back to you as soon as possible. We will be more than happy to answer any queries you have, no matter how big or small. And don’t forget; you can also place your lead order online, ensuring that you get the leads you are looking for quickly so that your business can start earning more and more commissions.