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merchantadvances
36 Posts |
 Posted - 10/23/2007 : 1:00:00 PM
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Hello
www.gcuinvestments.com is up and running. For anyone interested in selling business cash advances you can go to the website, download a Non disclosure agreement and fax it back to 818-936-0776. After that you'll be given a user id and password to access our training package and marketing materials.
This is not a loan it is a "cash advance based on future credit card sales." Basically we're advancing them a large sum of money now for the right to purchase their future Visa/MC sales at a discount.
The majority of our reps {About 65%} average 2-3 advances per week, our top producers are producing at a clip of 5-9 a week.
With the average commissions falling between $1250 to $2500 and maxing out at $7500, the earning potential here speaks for itself.
{Average advance size is typically between 25k-50k, but can go up to and in some cases exceed 150k}
Here's just a few of our programs highlights
- 5% COMMISSIONS PER SELF GENERATED DEAL
- 2.5% PAYOUT FOR LIVE TRANSFER LEADS {For proven closers}
- Comprehensive training materials, scripts, marketing manual, back office support
- Work from home, your existing office, earn overrides on a team
- NO STATE/GEOGRAPHIC RESTRICITONS
- Only 5 pieces of documentation are typically needed
- NOT FICO DRIVEN, as long as merchant doesn't have a BK in the last 12 months and any outstanding derogatory liens exceeding 175k we can help them!
- Money is received by merchant in 5-10 business days
- No state licensing
- You can pay referral fees to financial professionals
- NATIONWIDE AVAILABILITY any small or medium business/franchise concept
- No DNC list for businesses
Email Mike Siehien, if you have experienced prior success as a sales professional and are seriously ready to sell this unique and fast growing product. This is starting to become nationally advertised and known and we are at the forefront of this innovative business financial solution. |
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merchantadvances
36 Posts |
Posted - 10/23/2007 : 1:51:26 PM
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| bump |
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Carlsbadd
756 Posts |
Posted - 10/25/2007 : 05:57:41 AM
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| Everyone is selling this product now, our company recently signed up to do it. These merchant advance companies have targeted mortgage call centers to help sell it, smart move on their part. |
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merchantadvances
36 Posts |
Posted - 10/25/2007 : 12:40:42 PM
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Hi
Thanks for the response, people may be doing this more frequently now, but alot of the merchant advance companies out there offering adavnces have much tighter qualifying standards.
They often base their advance decision on credit and tax returns, while we're strictly based on a four month average of credit card volume.
Good luck selling these, its still far from a saturation point and the demand for small business working capital will always be there. |
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velecico
3910 Posts |
Posted - 10/28/2007 : 09:15:10 AM
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What is the rate that the merchant is paying pack , someone ran an example on 16K borrowed paying back 20K , but did not give terms , the expample paid 5 pts upfront on the 20K or $1000.00 and 3 pts on the payback $600.00 plus some money on the swipe fee , so with 8 pts going to the originator , you must be getting another 8 pts on the loan , so whats the APR ? if someone has good credit and other resources , is this type of loan even worth it ? can I get the same terms from my neigborhood loanshark ? |
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merchantadvances
36 Posts |
Posted - 10/29/2007 : 9:33:10 PM
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This is not a loan. There is no APR. This is a cash advance on a businesses future credit card sales. If I had a business and needed 25k in working capital, Id agree to a certain percentage of money to be deducted from my future credit card sales per transaction until the advance is repaid. So they'd be selling us 35k in credit card sales for the 25k they were advanced, over a period of typically 6-12 months. {Not actual numbers but to give an example} Theres no fixed repayment schedule, no mandatory minimum monthly payment, whether business is slow or busy the same percentage is taken from each cc swipe.
We're not targeting "A paper" we're targeting people that need money and aren't willing to wait for their bank or able to qualify for credit reasons. Theres millions of owner operated businesses in this country and the demand for capital is perpetual, its not necessarily cyclical.
You either see this opportunity or you don't. Judging by the four dozen or so emails Ive received, some people do see it. Personally I don't want to wait for Barney Frank and all the other dems to pass their new mortgage legislation eliminating YSP to validate my feelings on whats happening to the mortgage business. Things are only getting tougher for an LO and this is an opportunity to make a lot of money for LO'S with a "skill set" that is easy transferable to this business model.
These "advances" fund in 5-10 biz days, require 4 pieces of documentation and can be sold in all 50 states. No respa, No DNC list, the advantages IMO are plenty.
If you'd like to speak with me personally feel free to call me and we can discuss this further. Thank you.
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velecico
3910 Posts |
Posted - 10/30/2007 : 07:11:38 AM
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I agree its a good oportunity providing you work it , like anything else in sales |
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velecico
3910 Posts |
Posted - 11/01/2007 : 6:36:08 PM
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can you send me info on your pay plan |
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merchantadvances
36 Posts |
Posted - 11/01/2007 : 10:38:10 PM
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| Sending you an email. |
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velecico
3910 Posts |
Posted - 11/03/2007 : 1:33:23 PM
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whats the upfront cost to get started ? |
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merchantadvances
36 Posts |
Posted - 11/03/2007 : 6:08:48 PM
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None.
You're free to purchase your own leads as well. However we do offer leads, without a minimum order and no markup.
Our leads are 10 cents each and have the business name, address, phone number AND owner's name.
I'll be available Monday morning after 9am if you'd like to discuss this further. |
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cpruitt
1658 Posts |
Posted - 11/03/2007 : 6:36:02 PM
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Send me some info.
I have people asking me about stuff like this all the time and I normally send them packing. |
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merchantadvances
36 Posts |
Posted - 11/03/2007 : 6:49:53 PM
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| Email is on the way Carl. |
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jaymac
188 Posts |
Posted - 11/08/2007 : 1:04:03 PM
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Send me some info.
Thanks,
Jay |
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emanzo
64 Posts |
Posted - 11/08/2007 : 4:41:52 PM
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Can you send me some info?
elisemanzo@optonline.net |
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merchantadvances
36 Posts |
Posted - 11/08/2007 : 5:29:13 PM
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| Emails sent, thanks. |
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jansen
12 Posts |
Posted - 11/09/2007 : 05:42:35 AM
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please email me the info,
Thanks in advance |
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merchantadvances
36 Posts |
Posted - 11/09/2007 : 10:28:28 AM
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| Paul- the standard payout is 5 points per deal. Jansen email is on the way, thanks. |
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velecico
3910 Posts |
Posted - 11/09/2007 : 3:11:47 PM
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do you get anything on the re up and on the terminal |
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merchantadvances
36 Posts |
Posted - 11/09/2007 : 3:15:47 PM
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| Yes Nick, we do offer terminals and you can make residuals via that merchant processing route as well. Thats an entirely different facet of what we can offer. What we're mainly pursuing and recruiting for at this present time is the advances. |
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merchantadvances
36 Posts |
Posted - 11/09/2007 : 8:23:36 PM
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| Email sent, thanks Donald. |
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kjdv
700 Posts |
Posted - 11/10/2007 : 8:49:36 PM
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Hello
I'd like more info! |
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velecico
3910 Posts |
Posted - 11/11/2007 : 08:35:36 AM
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please e mail me more info |
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IFox
315 Posts |
Posted - 11/11/2007 : 08:54:58 AM
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| Please email me more info. Thanks. |
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merchantadvances
36 Posts |
Posted - 11/11/2007 : 8:17:31 PM
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| Karen, Nick, Irene, emails were sent. Thanks for your inquiries. |
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skeet2k
51 Posts |
Posted - 11/11/2007 : 8:59:16 PM
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Welcome to the outpost Mike!
Yeah I heard of this, sounds interesting. Was reading about it a few months ago.
Quick question though, no results for "GCU Investments LLC" (or other variations)
comes up on the California corporations search. Also no google results, except a few Craigslist ads (make $6000/week etc...).
Do you happen to have a website?
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time101
172 Posts |
Posted - 11/12/2007 : 4:16:29 PM
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| can you sell this to internet companies as well,They take nothing but credit cards |
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merchantadvances
36 Posts |
Posted - 11/13/2007 : 10:35:01 AM
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quote:
Originally posted by skeet2k
Welcome to the outpost Mike!
Yeah I heard of this, sounds interesting. Was reading about it a few months ago.
Quick question though, no results for "GCU Investments LLC" (or other variations)
comes up on the California corporations search. Also no google results, except a few Craigslist ads (make $6000/week etc...).
Do you happen to have a website?
Hello Skeet
Ive been a member of the outpost for a few years, took a break for awhile from posting and came back to share this business opportunity.
GCU Investments is a registered DBA of Global Cornerstone, Universal Investments, a California Corporation.
Until now, we haven't had the need for a website, now with all the interest we've generated, Im currently soliciting bids for a website, so Id say we should have one up and running before the end of the year.
Feel free to contact me if you'd like to pursue our opportunity. |
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merchantadvances
36 Posts |
Posted - 11/13/2007 : 10:35:55 AM
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quote:
Originally posted by time101
can you sell this to internet companies as well,They take nothing but credit cards
We can on a case by case basis if they have a brick and mortar location. |
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merchantadvances
36 Posts |
Posted - 11/13/2007 : 1:00:28 PM
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****For Everyone who has sent back Non-disclosure agreements****
I should have already emailed most if not all of you part 1 of the training materials. We'll be scheduling a webinar for either Thursday or Friday to supplement the 3 part training.
Training should continue into next week and is a total of about 3-4 hours, there will be a followup webinar as well.
Webinars are limited to 10 people per, so email me asap if you have signed the NDA to reserve a space, thanks. |
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merchantadvances
36 Posts |
Posted - 11/13/2007 : 3:02:25 PM
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To Hayden
I apologize you called me before when I was on another call and for some reason my cell didnt save your number on my display, so I have no way of returning your call. Please call me back when you can. |
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merchantadvances
36 Posts |
Posted - 11/14/2007 : 11:49:40 AM
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Hi Tom
I'll be emailing you shortly, thanks for inquiring. |
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merchantadvances
36 Posts |
Posted - 11/14/2007 : 1:09:57 PM
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| Email sent Tom. |
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tomwatson
164 Posts |
Posted - 11/14/2007 : 4:24:13 PM
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Mike send me an email with this info please.
Tom Watson
*****son@s4hl.net |
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merchantadvances
36 Posts |
Posted - 11/14/2007 : 4:33:36 PM
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| Email sent Tom, thanks for the inquiry. |
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emanzo
64 Posts |
Posted - 11/16/2007 : 07:34:35 AM
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| Has anyone heard when the webinar is? 1st wednesday, then thursday or friday. I don't want to know at the last minute. |
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oletamole
66 Posts |
Posted - 11/20/2007 : 09:14:19 AM
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| Send me an Email as weel........Thanks! |
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merchantadvances
36 Posts |
Posted - 11/21/2007 : 12:18:05 PM
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Hi Guys
Training will continue throughout next week, Jason and Elise I'll have you on one of the earliest possible sessions.
Oletamole- sent you an email, thanks for your interest. |
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raymondb
4124 Posts |
Posted - 11/26/2007 : 5:35:10 PM
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Hey do you guys take paypal income statements? If you add paypal and the other merchant transactions together call me........also send me the compensations plan to raymond@bestratereferrals.com
you cant email me through the board or i wont get it as the migration has the email system of BO down. Or you can call me.
800-811-1402 |
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merchantadvances
36 Posts |
Posted - 11/28/2007 : 09:53:07 AM
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Sorry Ray
We dont do primarily internet based businesses, this is more for the mom and pop small businesses in anytown USA. |
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1800carter
20 Posts |
Posted - 11/28/2007 : 10:07:34 AM
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| Can you please send me info. Thanks |
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howemort
21 Posts |
Posted - 11/28/2007 : 10:26:36 AM
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Mike
Please send me info on the program. |
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merchantadvances
36 Posts |
Posted - 11/29/2007 : 11:55:30 AM
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Hi Guys
Apparently theres an issue with sending email through broker outpost right now, please email at mikes@gcuinvestments.com for more information. |
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merchantadvances
36 Posts |
Posted - 11/30/2007 : 10:16:42 PM
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quote:
Originally posted by Getexclusiveleads
I have not recieved any Email,
Please Resend it
Thanks
quote:
Originally posted by merchantadvances
Email sent Tom, thanks for the inquiry.
Ive heard emails sent thru BO werent going through right now. You can email me directly at mikes@gcuinvestments.com |
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bauvil2003
30 Posts |
Posted - 12/01/2007 : 04:24:04 AM
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I was looking for something long time ago.I just wished now that it looks like close and real to the need of thousands of people who are in that need.Send me please, the guidelines before I talked what I do know and destroy my business.
bauvil2003@yahoo.fr |
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Carmen
53 Posts |
Posted - 12/07/2007 : 11:35:43 AM
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Mike......
Interested in your posting. Please send information to carmen@wealth4u.tv
Thanks.
BTW...I too, am located in Woodland Hills. Look forward to hearing from you soon.
Carmen |
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merchantadvances
36 Posts |
Posted - 12/07/2007 : 2:11:53 PM
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| Emails sent, thanks. |
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tbynum
76 Posts |
Posted - 12/14/2007 : 06:42:50 AM
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Hi, I'd like more info also,
sounds interesting. I have people
asking all the time |
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khoiey
1559 Posts |
Posted - 12/14/2007 : 09:29:49 AM
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Mike,
Please send me some info as well. cnguyen@firstfinancialx.com |
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merchantadvances
36 Posts |
Posted - 12/16/2007 : 10:01:56 PM
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| Emails sent, thanks for your inquiry and call me should you decide you'd like to explore this further. |
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msancheznj
2237 Posts |
Posted - 12/19/2007 : 5:20:20 PM
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Please send me information... again. I can't find your email anywhere. Please resend through the brokeroutpost.
Thanks |
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