Merchant Cash Advance

Closed Posted 6 years ago Paid on delivery
Closed Paid on delivery

Business owners in US are still struggling to find access to CASH. We are here to fulfill their needs.

Our organization has long standing contract with 15 banks across US. We are one of the few who have access to so many banker / lenders. Making us one of the best in industry for the end user (clients/customer).

We are looking for experienced centers in Cash advance process - to contact potential clients and educate them on our Cash Advance and working capital loans programs. Payout would performance based or fixed seat based (FSB) + incentives - FSB model would be linked with basic target and SLA

Support offered from our end:

• Underwriter to analyze and process the credit funding

• Training, scripts, and handouts.

• Company email and Phone number for your project manager.

Potential Center team should possess:

* Strong phone sales experience prospecting B2B

* Excellent communication and sales closing skills

* Good time management and organizational skills

* Highly motivated and driven to succeed

* Excellent follow-up skills is MUST

* Must have previous B2B, Merchant Cash Advance, business loans and processing experience!

Note: Lead / data won’t be provided.

Process flow / skeleton for Reference:

Source and contact potential client in need of working capital / cash advance / business loan.

Explain program to client once agreed – live verification would be done.

Post verification of soft copy of documentation.

Submission to our team.

Our team will submit application to suitable lender post analysis from our underwriter team.

Loan approval and funding would be done in a weeks’ time.

Payment would be released within 7days post funding of loan to client.

Some statistics & examples:

Average loan disbursed - $30k.

Average Commission - 2.5%

Amounting - $750.

Center commission - 40% of $750 i.e. $300 per approved funded deal

Average deal closed - 15 – 20 per agent per month (considering 25% rejection due to bad credit)

Billing - $4500 - $6000 per agent per month (based on above calculation)

Cost to center:

Lead purchase

Calling minutes

Fixed expenses (salary, incentive, center linked facility cost)

Telemarketing

Project ID: #14398142

About the project

2 proposals Remote project Active 6 years ago