Rebuttals
Is this an MCA?
That's a great question. We do offer MCAs, however We offer a wide range of products from Term loans, equipment financing, Business Lines of Credit, and the list goes on, What exactly do you have in mind?
How do you filter for emails?
customize report, add e-mail, contains the value of @
Whats the difference between a buy rate and sell rate?
Sell Rate: has our CM included
Buy Rate: rate from the lender with no CM included
10k 1.48 100 days, whats the payment?
148/daily
what is a reverse? (Daily Double)
reverse is the lender is putting money in the account once a week to cover the cost of current positions
Whats the interest rate?
start low in the teens and work their way up from there, however the longer the term the more expensive we do tend to see things get, how long of a term were you thinking?
What does "contact made" dynamic filter do?
shows you all the leads with some sort of notes on it
What lender(s) do hard pulls? If you can name the lenders who do a soft pull upfront this is a Daily Double
All Canada
Soft Pull - 2m7, Sheaves, BCC, ODC
20k 1.48 160 days (what is the weekly payment?)
925 a week
True line of credit
client gets access to the funds and can use them as needed, it is revolving meaning that the client will have access to the funds after they pay it back
Are you a broker? (Daily Double)
We are a syndicate, and typically will put up to 50% of the funds in on the approval if it makes sense for us to do so
how can i filter for larger leads?
change the gross monthly sales filter
What Lenders do a true LOC?
Headway & Rapid (ondeck)
the client has a term of 180 days, how many months is that?
9
merchant cash advance, typically daily/weekly structure, taking a % of the monthly sales with each payment
I get tons of calls from guys like you, why should i work with you? (DAILY DOUBLE)
Thats a great question, we have been in the industry for 16+ years, we are A+ rated with the BBB, and backed by tons of reviews from our satisfied clients. Whats the feed back you that you have been receiving?
what two ways can i only get mobile numbers in my report?
Add the mobile phone filter, or type it in the search bar at the top
Whats the "Full Package" for 2m7 deals 50k+?
AoI, NoA, VC, Selfie DL
Everest gave you a buy of 1.3 w/ 15 points, over 6 months, the funded amount is 60k. What is the payback & daily payment?
1.45 x 60,000 = payback (87000)
payback / 120 = payment (725 daily)
Who offers monthly, and what are the requirements?
Channel - 10k daily balance, 675 cs, 5 years in biz
Kapitus - cs 700 +, 7year in biz, 10k daily
IOU - 5 years, 50k daily balance
Will you shop my file?
that doesnt make sense for me to do, all that is going to do is create more competition for me to continue doing business with you
whats the best way to start filtering in the Deal Bin?
date of most recent submission
Who does a true A paper 2nd position?
Who is IOU & Kapitus
the client said they have a 20% interest rate, but have 50k paying 2895 weekly for 6 months, whats the real rate?
1.39
(DAILY DOUBLE)
How does the un-tradional LOC work?
term loan used as LOC, can draw when needed, only difference from the true LOC, is they will need to provide the most recent statement or mtd to gain access to the funds, where a true loc they have the freedom to move as needed