What Are MCA Web Leads?
Do you prefer MCA leads that are a little less expensive but give you more shots at a deal? We understand this is a common perspective in the merchant cash advance space. So we got you covered! Our MCA web leads are web form opt-in leads. They come with the following information about each merchant:
- Contact Info (Name & Company)
- Cell Phone & Email Address
- Request Amount & Use of Funds
- FICO & Time in Business
- Loans & Balances
- Monthly Revenue
What Makes These So Effective?
These leads are business owners that are actively seeking a merchant cash advance. Obviously there is a lot of value for a broker in the business loan space to close more deals with this type of MCA web lead. If you’d prefer to get regular aged data and try to cold call – you would probably find 1 lead per day that is interested in an MCA. However, only 1 in 5 of these business owners would actually get qualified. So if you do the math it means that you’d likely get 1 approval each week. And what’s your close rate?
What’s Your Close Rate on MCA Leads?
If you close 25% of your approvals you’d be closing about 1 deal per month on regular aged data. I don’t know about you but that isn’t enough to get me out of bed every day! By purchasing MCA leads from a good source – you’ll close more deals. Everyone has heard that it takes money to make money. More specifically – it takes good MCA web leads and those cost money… so if you’re not getting good leads your’e just spinning your wheels.
Do You Need Some High Risk Lenders?
Try searching Debanked and Daily Funder to find better funding sources and close more deals! These two websites can be a great resource for any broker in the merchant cash advance industry.
