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Sales Training President Carlos Herrera
Jaren ScottChief of Operations
New Employee Orientation
Getting to know the products Familiarizing yourself with the
industry Meeting sales quota
Learning the Products
• Working Capital
• Equipment Leasing
• Merchant Cash Advance
• Real Estate
Growing businesses often need additional capital to grow. When growing businesses need cash, they often need it fast. With the correct business loan, your assets become your collateral to fast finance.
Working Capital allows the every day American business owner the ability to apply for a loan against their business revenue.
Just making sense of things...
Our services are very easy to access. Typically we can fund a business owner in as little as 72 hours. We don’t focus on credit or bad history paying debt off. Our main focus for Working Capital is basic… Whether your business is booming and extra capital is needed to buy inventory or you need that extra horsepower to take it to the next level - Trade Capital Finance can help facilitate that for our clients.
Working Capital Working Capital Requirements
• Last years Tax Returns• Last years Business
Bank Statements • Simplified Application• Loan Request form• Additional Documents
may be required • Must be in business
min. 2 years
Equipment Leasing
Equipment Leasing is a lot like going to the dealership and leasing a vehicle from them - basically the same concept with a different approach. It’s safe to say that leasing any equipment such as tractors, medical equipment or even commercial trucks is often more advantageous than other options. One of the main benefits is that you get to write it off at the end of the year. Also, it’s a lot like renting an item. Let’s say you decide to get a $150,000 piece of equipment but just don’t want to sink all of your capital into purchasing it upfront…, you can simply lease it for a period of usually 2-4 years and at the end of your term you can wash your hands and walk away or purchase the item outright.
This product allows you to save your cash and use it for something else. Most equipment does not require a down payment. We help business owners from every industry out there - if we can finance it we will!
Equipment Leasing likes to dig a bit deeper into your credit.
Usually we tend to work with the vendor to get their clients the type of financing they are looking for.
Equipment Leasing Requirements
• Equipment Leasing Application
• 2 years Business Bank Statements
• Last years Tax Returns • Equipment quote
Merchant Cash Advance allows any business owner that takes credit cards as a form of a payment to get the funds they need. The way we have structured this program, to make better sense, is we take a % of your future transaction sales against a loan. The business typically has to be making more than 60% of their revenue through credit card transactions. We work closely with merchant companies to get the back end set up.
Merchant Cash Advance does not have the freedom that Working Capital does, the maximum amount funding available for MCA will be from $20,000-200,000.
Merchant Cash Advance is ideal for those who don’t want a lump sum payment at the end of the month. Rather, it takes a small % of every transaction that comes through your P.O.S machine over a period of 6-18 months.
Merchant Cash Advance only focuses on certain industries and businesses. Normally bars, retail shops, dentist offices and other places that take high volume credit cards are ideal.
This product is usually the one with the highest interest rate tagged along with it.
Merchant Cash Advance M.C.A Requirements
• Last years tax returns• A year of merchant
account statements • Business bank
statements • Application
• Working Capital 1
• Equipment Leasing & M.C.A2
• Real Estate 3
Today’s Overview
Learning ObjectivesTerms
Procedure
Policies
Benefits
Who’s
Who
Leadership Contact Information
CarlosPresident
JarenChief of Operations
SteveNational Sales Manger
RickExecutive Sales Manager
Day 1
Su
bm
issi
on
s W
ork
Flo
w
Loan Application
Loan Funded
Working Toward Mastery
Submitted Application
Day 2
Day 3
Sum
mary
Define your challenges
Set realistic goals and
achieve them Set realistic expectations
Mastery is not achieved
overnight Keep your eye on the
goal Mentorship programs
