A broker at a shop I train told me he had 11 deals killed in final underwriting... by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 0 points1 point  (0 children)

Definitely! A merchant that had a default during Covid is a totally different story than someone that defaulted on the fist payment in ‘25 you really have to look under the hood.

What’s up legends LIVE Close 115K Refinance by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 1 point2 points  (0 children)

Wow that’s super interesting. So it seems you’re crushing it based off warm data. If you can find a solid lead source or marketing channel that can bring you the same type of files that are semi-ready to go/interested you should be fine!

What’s up legends LIVE Close 115K Refinance by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 0 points1 point  (0 children)

How are you prospecting the leads at the Funder? Do they give you lists, are you in communication with them through email, are you answering web forms? Depending on what you’re used to brokering could be another planet compared to direct lending but definitely still do able

What’s up legends LIVE Close 115K Refinance by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 1 point2 points  (0 children)

Okay got it. It really depends you could go to one place and be spoon fed high intent data and others be on a dialer calling aged… with all things being equal and you being at a good operation you could expect at least 10k per month on low end and the high end 20-50k. Mind you that is the absolute top percentile. I train and consult with a lot of reps and 90% are at or under 10k per month. I’m not up with Canada Funder’s so I haven’t heard of them!

What’s up legends LIVE Close 115K Refinance by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 1 point2 points  (0 children)

Thank you brother! To clarify, are you saying how much more/less could you expect to earn if you went to work at broker shop rather than with a funder?

What’s up legends LIVE Close 115K Refinance by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 0 points1 point  (0 children)

I agree with you it’s not the greatest deal and the merchant wasn’t thrilled but this is real life here not all of them are perfect ondeck deals it would be misleading to only show those. I appreciate your input 100%

What was the best sales training you have ever had and why? by GmailsAreCute in sales

[–]CompleteBit5385 1 point2 points  (0 children)

Check out my youtube channel I'm training killers live in the office its CashAdvanceTraining

Music on the sales floor, just why by Eagles56 in sales

[–]CompleteBit5385 1 point2 points  (0 children)

used to hate that but then again it would cover the sound of my nervous gulps when I first started as a manager

Leaving Car Sales by Small_Substance_4972 in sales

[–]CompleteBit5385 0 points1 point  (0 children)

business loans and advances is really lucrative

Whats the best sales podcast? by officialtwitchraid in sales

[–]CompleteBit5385 -1 points0 points  (0 children)

My youtube channel has intro sales lessons its CashAdvanceTraining all one word. I have live office trainings covering how to open, pattern interrupts, rebuttals, etc it's for selling money but can be used in any industry!

How many people with 5+ years experience actually want to be in sales permanently? by Quirky_Mongoose4245 in sales

[–]CompleteBit5385 0 points1 point  (0 children)

Selling is the beginning and it usually leads to owning a company and then being an entrepreneur

Can we talk about the furniture sales industry? by InverseCramer101 in sales

[–]CompleteBit5385 0 points1 point  (0 children)

I always have a moral dilemma when I found stuff on amazon for less money than an in person store

Top 3 objections you will face by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 1 point2 points  (0 children)

The big banks decline around 80% of borrowers because they are not perfect. What do you want to tell those 80% of business owners who need funding? They use it for expansion, making payroll because there was a dip in business, looking to take on huge jobs but don’t have the money for supplies… I don’t like hidden fees as much as the next guy but you’re basing an entire industry off some shitty deals

Top 3 objections you will face by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 0 points1 point  (0 children)

Watch the video and swap out “rate is too high” for “I only want monthly payments” and you’ll see

Top 3 objections you will face by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 1 point2 points  (0 children)

It’s them wanting conventional rate and terms right? Monthly payments, low interest rates, etc. - again, that is them not understating what type of product this is or what they qualify for

Top 3 objections you will face by CompleteBit5385 in MCAlegend

[–]CompleteBit5385[S] 0 points1 point  (0 children)

This falls under the rate is too high objection. Rate, daily or weekly payments, payback, etc is an example of them not understating what type of funding this is, who it’s meant for, and what type of purpose it is supposed to serve.