The core of any MCA business is its Exclusive Merchant Cash Advance Leads and lenders are always looking for ways to get them. Qualified merchant cash advance leads are hard to come by since the number of brokers has increased and the competition is tough. So there’s a struggle going on despite the fact that MCA is still growing and businesses are getting more attracted to alternative funding. In this article, we’re going to talk about 7 easy techniques to apply and find exclusive merchant cash advance leads for MCA lenders.
Exclusive Merchant Cash Advance Leads | What is it?
Exclusive merchant cash advance leads are hard to find, especially considering the fact that business owners and merchants are getting calls more than ever. In financial business, a Lead is a valuable prospect in need of alternative sources of funding. Merchant Cash Advance is the perfect solution to this for its easy process and quick funding. So the businesses; especially small business owners, instantly opt for MCA to keep their organizational activities running. They’re called Exclusive Merchant Cash Advance Leads because they require cash advances as soon as possible. An exclusive MCA lead feature:
- Running a business for 1+ years or more.
- No bankruptcy for the last two years.
- In need of funding as soon as possible, within 3 to 7 days.
- Monthly gross sales revenue of $10,000
- Communicate directly with the decision-maker of the business.
- Complete address with contact and email.
7 Easy Ways to Acquire Exclusive Merchant Cash Advance Leads
There are plenty of strategies to figure out your way to exclusive merchant cash advance leads. While many of them are useful, we’re going to talk about the easier and smarter techniques. Most of these methods are widely used by MCA lead generator services and they drive results in a great number.
1. Cold Calling
One of the most cost-effective, time-saving method of generating exclusive MCA leads. Telemarketing or Cold Calling is the process where experienced agents make outbound calls to prospective merchants, asking if they need loans. It’s a straightforward and popular approach and proved to be effective. Although due to rising competition and increasing number of calls, businesses now started reconsidering this method. But still, it is one of the easiest ways to quality leads.
2. Email Marketing
With the right contact information from a rich database, Email marketing can become an effective yet simple way to generate exclusive MCA leads. It’s one of the most widely used methods for marketing, and MCA marketing can be benefitted from this as well. You can send a default message with your offers to potential clients and there’s a great chance you’ll hear back if applied correctly.
3. Search Engine Optimization
Search Engine Optimization or SEO can be the most effective solution as a long term marketing method. It’s basically making people search for you after you’ve optimized your service page or website to fit in Google. So when a business owner searches for merchant cash advances, your page will pop up and automatically a lead is generated. Exclusive Merchant Cash Advance Leads come by easily if you invest enough time in SEO, so give it a shot.
4. Create a Brand Name
In order to stand up to the competition and make a name for yourself in the MCA business, first you neem a NAME. Generate brand awareness regarding your company so that people know you. When maximum people know your business and see what you offer, it will attract potential prospects and eventually, convert them into exclusive merchant cash advance leads. In today’s internet occupied world, social sites are the best place to create brand awareness because almost everyone is connected. Note that consumers tend to give preference to brands who have a strong social presence.
5. Social Media Advertising with Attractive Profiles
Creating brand awareness starts with rich social media profiles that represent your services. Create profiles on each of the popular social sites and engage on a regular basis. You can post topics, contents, discussions regarding business loans and merchant cash advances. The profiles should be organized in a way that instantly catches the eyes of a visitor and gives an idea about your work. The display picture and introduction are the key sections to look in. Engage with your networks daily and create a dependable platform for knowledge around the respected social site. These are the places you should concentrate on:
6. Develop Engaging Videos
Videos are making a difference on the internet these days and gradually it’s becoming an appealing technique for marketing. Nothing complicated, just create a simple video with a great idea that represents your business and engages your customers. Upload videos on your personalized YouTube channel and share those on social networking sites, blogs, and your website. YouTube is not just a video hosting service rather a powerful search engine, that can draw popularity largely.
7. Follow Your Competitors
To stay updated and improve by days, your competitors work as guides. Follow them on social and professional networks to learn about their activities, offers, and services. Learn what they’re doing, and that should help to get leads on your merchant cash advance leads. You don’t necessarily have to contact or talk to them, just tag along and gather ideas as you continue the activities of your own.
Bonus Round - MCA Lead Generators
Of all the techniques mentioned and defined briefly, almost every one of them is used by lead generation pros to acquire Exclusive Merchant Cash Advance Leads. They’re professionals and have a team of industry experts working on generating leads regularly. They keep their database up to date and constantly evolve in MCA lead generation. Business Loan Leads is one of the reputed lead generator services, generating exclusive merchant cash advance leads through constant research and filtering. We have a large number of happy customers and a team of dedicated experts in lead generation.
Get in touch with us to get Exclusive Merchant Cash Advance Leads for your MCA. We’re here 24/7.
Read more: Best Way to Get Leads for MCA