by admin | Dec 29, 2020 | Updates
The MCA industry experienced its first major setback in years in 2020 because of the Covid-19 pandemic. Almost overnite the industry experienced shutdowns with many lenders closing their doors. In addition many ISO teams either went on hiatus or shut their doors...
by admin | Feb 24, 2021 | Updates
One of the many things that have been caused by Covid-19 in the MCA space has been the disruption to qualified leads. The leads that most brokers call are a combination of UCCs, triggers, aged live transfers, and aged submissions. The problem is when many funders shut...
by admin | Feb 21, 2021 | Updates
Week 3 of February was another strong week. The vibe for MCA teams that are aggressive and, marketing heavily is they can’t get enough quality leads. These teams seem to be back to where they were pre Covid and they are laser-focused. I am expecting a strong push next...
by admin | Feb 7, 2021 | Updates
To run a large funding business you need quality leads. You need to have good leads and use those leads properly with call, text, and email campaigns to get the most out of these leads. The shortage of MCA leads has come from a lack of submissions, aged transfers, and...
by admin | Feb 7, 2021 | Updates
February is off to a strong start, many of our clients are having success with PPP prospecting and others focused only on building an MCA book that can generate renewals for years to come. The biggest piece of feedback that we are getting across the industry is the...
by admin | Jan 10, 2021 | Updates
Covid-19 stunned the MCA industry and put the business on hold in a matter of a few days. Merchants closed their doors, defaults were at record highs, funders paused, and many ISO teams were forced to take time away from the business. Since then we have seen an uptick...
by admin | Jan 3, 2021 | Updates
I am looking forward to 2021 and feel it will be a great year for MCA. Nobody could have ever imagined Covid-19 coming along and putting the brakes on the industry. With merchant’s revenue down and many funders closed, it’s more important to execute...
by admin | Dec 31, 2020 | Updates
I expect solar will have a great year in 2021. Covid-19 provided a huge setback for the industry, however with the vaccine and green administration solar is poised to have a huge 2021. There is a massive demand for solar in states like Texas, North Carolina, Florida,...
by admin | Dec 2, 2019 | Updates
Recently we have been getting a lot of calls from MCA teams talking about the MCA business in general. Many funders are telling us there is a major increase in the amount of stacked and defaulted merchants. This is because of the increase in new ISOs–about 5 per...
by admin | Nov 25, 2019 | Updates
So you purchased your first set of MCA leads from us at Loyola Media Group. Congratulations! Now comes the part where you need to close the leads you purchased. While for many it sounds like a hard and daunting task, it really isn’t. You just need a process in place....
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