How to Sell Cash Advances on the Phone

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Learn more about selling a cash advance or MCA "Merchant Cash Advance" and the opportunities to present this to the merchant. Visit www.ccsalespro.com for more free sales training resources.
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[@Maybe.Alex.0.0]

This video is gold, starting at my new sales position tomorrow 🙏🏾

[@johnnyg8548]

Just got into the business, and got my first deal Friday.

[@richcascio]

Congratulations .... How do you market on that deal? Do you like business? Again congratulations!

[@SLLLC-904]

Solid information-I love it!!! Thanks for putting in the time to educate those of us who desire to learn and execute our learning. It's well appreciated!

[@williefarrington49]

I am new to business lending this has been by far the best video I have seen!!! Thanks so much for the information you shared. I can't wait to report back the success I know I will have because of your video. Thanks a million!!!

[@jamesyoukhanis5074]

How is the going thus far? I am thinking about getting in?

[@sonjagalyon-kamonika]

Thank you for having an intelligent discussion of business loan and funding options. This is a product that works well for a business when they need it and when they have the resources to repay it. It should be no negativity regarding the products I think some of the problem is people are trying to sell it instead of offered as a solution or an opportunity as you described it. If they don't need it just walk away and go to the next person.

[@FriscoX]

thanks for the info bro im learning a ton im getting approvals daily, but im green as grass in this industry, seasoned in sales. you helped me increase my revenue and i appreciate it bro.

[@CCSalesPro]

+Frisco X. Hey I missed this comment earlier, hope you are doing well! Glad you enjoy the videos.

[@FriscoX]

It's the bee's knees.

[@BestBusinessGuide]

I haven't been getting any closes or leads.. doing some advertising.. Frisco how are you landing these done deals if u don't mind Sir?

[@TitoTellsTheTruth]

update?

[@heretwoexpose4255]

@@BestBusinessGuide have you had any success yet?

[@susanchagalian8334]

Great training.

[@DanielDeMossPhotography]

Thank you by far the best video on cash advance I’m super stoked I ran across your video I’m looking to get into the industry I have a full-time sales job I take care of the San Diego /Riverside territory for an awning company I’m good at what I do but I need to make more money. What did you find out if you do any coaching on the side and do you have any in situ a solid company out there that I can work under I’ve been looking at Brett Martin mom and pop and I just wanted to get your insight since it seems like you got your nose to the grind when it comes to this industry once again thank you for the training.

[@diontaedaughtry974]

Thank you this was very helpful and informative 👍👍

[@CCSalesPro]

Glad you enjoyed it!

[@sebastiancastro848]

Im just starting, sooooo here we go!!!!!!!!!

[@CCSalesPro]

Hope it is going well!

[@HSconfident]

great & helpful information! thanks!

[@CCSalesPro]

+HSuccess thanks!

[@sherylannejacobs7235]

Good video.

[@CCSalesPro]

Thanks

[@paulrello]

Is there a video where you guys talk us through closing a Merchant Cash Advance?

[@toddmoore5275]

Heal Bret. Thank you.

[@steve99385]

25:00 how about asking if they have other loans at the moment?

[@trimerickiano8485]

pretty good very informational

[@CCSalesPro]

+Jeffrey Rosales thanks Jeffery, sorry I am just now seeing this, been a little but unplugged lately

[@Logan987420]

How can I get my hands on one of those intro emails?? Great video btw thank you tons!

[@CCSalesPro]

Shoot me an email and I will see what I have [e-mail] thanks

[@williefarrington49]

@@CCSalesPro I will send you an email as well to get my hands on them as well...lol!!!

[@naomicalagui5932]

We are selling MCA through phone here in the phils

[@eriklaurentz4758]

Send me your Skype

[@Ivanheim1]

How is the job? Which company? Thank you. Is it easy to sell than Real Estate or Insurance?

[@FriscoX]

Interesting i have never thought about this type of work. looking into it now.

[@CCSalesPro]

+Frisco X. Comment back if you have any questions. Personally I think merchant services is a better foundation to build on but merchant advance can be a great opportunity.

[@FriscoX]

I STILL DONT UNDERSTAND THE LINGO LOL

[@FriscoX]

ok thanks brother

[@CCSalesPro]

+Frisco X. It takes a little getting used to for sure. Have a great day!

[@richcascio]

@@CCSalesPro are you still in the business and how much can you really make doing this? Thank you,

[@krisballin15]

Do you have the email template available? Great video!!!

[@CCSalesPro]

Thanks! No, the email template here was for a consulting client of mine so I can’t post that one. Have a great day!

[@dh6994]

Great video. Whats your best reply to someone who asks about interest rates and then says not interested because they are too high

[@CCSalesPro]

+Dallas Hart the truth is that if they have other options for financing they will not do a cash advance. I would be super honest and explain that the trade off is quick cash and no credit check. If they have other options and can afford to wait you encourage them to go for that other option but if they need the money fast without credit checks and all the hassle of traditional financing tell them you are ready to serve them.

[@thomaschillemi6833]

CCSalesPro you have a funder that doesnt do credit checks?

[@louisal833]

Do not ever give rates on your first call. This all has to depend on what the funds will be used for, term to pay back, amount, qualifications. The name of the game is to get them focus on developing and growing there business. Buying oppertunities, simply said, find what they would use if for, look at there web site current condition, look for there competitors that are blowing your client out, Online profit centers, so many trigers that can be used that when done perfetly, they never worry about interest rates because you have them hypmootized in the ROI. Hope that helps.

[@ozzietravels5697]

Thomas Chillemi I do

[@tiger35173]

Ozzie Sakli, which lenders don't do credit checks?

[@carlosmejia7750]

Hello, thanks for the great video. Does anybody know a company that provides cash advance here in Orlando Fl? I have vast amount of experience as a residential Loan Officer, but I would like to work now in this line of cash advance loan business.

[@user-lf9li7bt6t]

Hi Carlos, We are currently looking for brokers. Please reach out if you're still interested.

[@johnnyrivas4506]

Hi James this info was extremely helpful. Do you know where I could get access to MCA leads? Any recommendations would be greatly appreciated😊

[@darrenvd1728]

very fresh to this but from What I've seen so far that works for me to get leads is a Google maps scrapper for businesses. Cold call like crazy, out of 100 calls 25 would be interested in funding in my experience so far

[@Sgtturtle22]

What's the title of the job for a person who gives the cash advance

[@CCSalesPro]

+Sgtturtle22 you mean the company? That would be a lender. Or an "MCA Company" for Merchant Cash Advance

[@BestBusinessGuide]

Excellent.. is this still in effect?

[@CCSalesPro]

+Free Easy English Lessons I think most of it still applies

[@ironchancellor83]

What are some barriers to entry? What lenders are open to new brokers? IS there growth potential?

[@CCSalesPro]

Competition is the main barrier. You really need a good lead source or online marketing expertise.

[@ironchancellor83]

Where can I get a good lead source ?

[@CCSalesPro]

Hire a telemarketing company or a Facebook marketing expert and create one. Unfortunately no easy answer here. Everyone with a good lead source is keeping it

[@danbeau9404]

What is a good lead source? The leads are the property of the lead company until they sell them to you. You have no control over their decisions of what they do with the leads. How many people are going to get the same lead? If you think that you will be the only one getting this lead, you are naive. They sell those leads to anyone who will pay for them. Some of these companies claim that you will be one of 3 or 1 of 4, etc. How do you know? How do you enforce this? There is no way. It boils down to who calls first with the most attractive offer.

[@migueljaysonfontanilla7785]

what is the best way or best website to get your leads? thanks

[@CCSalesPro]

+miguel jayson fontanilla sorry I am just now seeing this. I really like using outbounders.com and I also think Facebook marketing with video content has a great return on investment right now.

[@drami0038]

CCSalesPro hey man. You should definitely look into making an app. A lead generating app. Like zoho. Etc. ring central combined. You got the skills to do it. I'll take 10% thanks. Lol.

[@eggminolia]

Dennis Ramirez lol you are smart!!! Xd

[@neutronstar5544]

use yellow leads extractor

[@meditationbeyond7930]

Hey I am looking for a new MCA company to put deals through do you have any good ones that you can recommend thanks

[@CCSalesPro]

+Michael Pagan I really don’t right now. I have used strategic funding in the past and I like them.

[@sflrainmaker]

Hello Michael, give me a call, Im looking for deals to fund. Peter Chung 954 364 7765.

[@smbnsn]

Hey Mike we are a contact center and we are great with MCA what is your e-mail address I will provide some sample and we can talk more if you are interested

[@montycyriac4935]

Mike Pagan are you still looking

[@eliunger1033]

@@montycyriac4935 call me were direct lenders

[@williamsaunders3382]

😊👍

[@VideosOnPage1]

14:00 Numbers game

[@starr8111]

14:00

[@starr8111]

16:55

[@danbeau9404]

You cannot get a cash advance on inventory you do not own.

[@CCSalesPro]

You can get a cash advance to purchase inventory. The advance is based on revenue or credit card processing

[@iacfbfactoringacademy]

Inventory finance is ABL (asset-based lending), not MCA. There is no collateral on an MCA

[@richcascio]

@ccsalespro are you still in the business? Do you cold call to get your business and where do you get your lists? Thank you,