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$400K FUNDED: And how you can do it too
Hey guys, I want to be more active in this group and share more wins. The funding: Struggling pharmacy owner, drowing in debt payments with two MCA positions. Bought out two other MCA positions with a large term loan that increased cash flow and gave him extra working capital. We are proceeding with factoring and an SBA loan to give him long term replacement capital so he doesn't need to take additional high interest loans again. Main lessons: 1. Don't give up/old leads can be revived: This guy basically told us to screw off at one point. 5 months later we reconnected and we got him funded. 2. Earn trust with education: He was surrounded by MCA brokers leading him astray. We set up a path to sustainable financing to that would relieve cash flow pressure. He could probably tell I actually care about helping his business. He gets 20+ calls a day from brokers but chose to trust us. How to do this yourself: Have clients that have weekly or daily payment loans aka merchant cash advances? PM me! Let's do a few together and split it. With virtually a 100% success rade: We can replace them with cheaper loan options and minimum dramatically reduce their existing payment. ๐Ÿค
The $22k Commission Pivot: Funding an SBA Decline๐Ÿ’ฐ
When the bank says no, that is exactly when we get paid. We just had a client come in with a massive tax liability. The SBA rejected him. Traditional banks laughed him out of the room. But the guy had a solid government contract and needed capital fast. Watch Ryan break down exactly how he navigated this mess. Find out which specific partner in our network he used to save the deal, get the client $375k, and secure a $22,000 commission for himself.
Funding Approvals on the Rise
One of our Funding Machine Owners Corey just had a client get some awesome approvals. Another Isabel had a client get over $150k, Funding Approvals are on the rise for the right type of client with 10k+ credit card limits and solid history! CONSISTENCY IS KEY, KEEP WORKING YOUR LEADS AND KEEP PUSHING FORWARD! This was a post made in the Funding Machine community by Leo. I wanted to share it here so you can see that we have some amazing testimonials coming in everyday. Arenโ€™t you ready to earn more? If yes letโ€™s talk and make these types of deals a reality for you. Leave a comment ๐Ÿ™‹๐Ÿฝโ€โ™‚๏ธ๐Ÿ™‹๐Ÿฟโ€โ™€๏ธ๐Ÿ™‹๐Ÿฝ๐Ÿ™‹๐Ÿปโ€โ™‚๏ธ and letโ€™s talk
Funding Approvals on the Rise
Business Mindset
This is one of the best pieces of information on the internet! For the last few months I have been working on this mindset, and have slowly been transitioning from a worker to. builder. We all have the ability to build. We have to get past trading what we want most for what we want at the moment. Most people never really know what they want. I would guess after Seen this, many people want leverage. Leverage = Freedom Looking to start forward to share business ideas with other here
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Business Mindset
Funded
Do we learn how to actual structure a funding sequence or get connected with Relationship Mamagers reps ?
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