Brokers, Funders Find Their Footing and It’s Back to Business

| By:
 FEATURE STORY 


busy phonesFor Mike Brooks, CEO of Best Connect Capital, the deal making never stops. A former boxing trainer turned funder said that there are no days off. “I’m always funding, I am always, always funding,” he said.

Recently, Brooks has taken an interest in text message marketing. “I’ve had trouble finding somebody in text marketing,” he said. I was going on the internet and using word of mouth, and I wasn’t really able to connect with anybody. I hooked up with this company [in Miami], and it worked out really well. I already funded a couple of deals.”

Around the industry, brokers and funders have found their footing after Covid. A recent mass gathering in Miami definitely helped push things along. “The second I got off the plane in Miami this year, I saw an old friend, a business associate,” said Brooks. “That was a great connect right there.”

Nicholas Saccone, Senior Funding Advisor at Proto Financial had a similar experience. “Having the opportunity to meet up with some of our partners face-to-face [is] a really cool experience,” said Saccone. “Sometimes it is hard to find time to build relationships with all of our schedules. [Through networking] I’m able to get different perspectives on where the industry is headed and where we are now.”

“Small business lending is on the up and up,” said Frankie DiAntonio, CEO of Lexington Capital, who also ventured down to Miami with his team from Long Island. “With inflation going up, we’re finding that small businesses are outsourcing their need of funding outside the government, and there are companies like us that can come in and take care of them.”

DiAntonio spoke about how important it is to sell legitimacy to both his lenders and staff. “We’re the new kids on the block, we’re a newer company,” he said. Despite the head start his competitors may have, DiAntonio said that old school sales mentalities combined with modern marketing strategies have recently helped his company consistently fund deals and build a book of business.

“We bring in a lot of Google click ads which brings us a lot of leads, but obviously our guys just make phone calls throughout the day, as much as humanly possible,” DiAntonio said. “My guys know what they’re doing, they know the industry, they’re really good on the phones, and they know how to take care of customers.”

Last modified: April 13, 2022
Adam ZakiAdam Zaki was a Reporter at deBanked.

Related:

Category: Business Lending, merchant cash advance

Home Business Lending, merchant cash advance › Brokers, Funders Find Their Footing and It’s Back to Business


    CapFront

    Highland Hill Capital

    Smart Business Funding

    Green Note Capital

    Liquidibee

    Fenix Capital Funding

    Balboa Capital

    Spartan Capital

    Global Funding Experts

    Avanza Capital

    ROK Financial

    The Smarter Merchant

    Forward Financing

    Select Funding

    Flash Advance

    SOS Capital

    Big Think Capital

    Better Accounting Solutions

    Dedicated Financial GBC

    Titan Asset Management

    Accord Business Funding

    Fresh Funding

    BizFund

    Fox Business Funding

    Legend Funding

    Easify

    Torro