1 00:00:00.000 --> 00:00:01.405 Alright, everyone, welcome back. 2 00:00:01.405 --> 00:00:02.805 So throughout the day we've been talking 3 00:00:02.865 --> 00:00:05.405 to different brokers, participating in Broker Battle, 4 00:00:05.545 --> 00:00:06.925 and we've talked to Sean Murray. 5 00:00:07.135 --> 00:00:09.565 We've talked to a couple of other funder funders. 6 00:00:09.865 --> 00:00:12.445 Um, and now we're gonna be talking to Rolando. 7 00:00:12.585 --> 00:00:15.165 He is based out here in Miami. So Rolando, go ahead. 8 00:00:15.305 --> 00:00:17.165 Uh, introduce yourself for those that don't know you 9 00:00:17.185 --> 00:00:18.285 and the company that you're with 10 00:00:18.285 --> 00:00:19.645 and what you guys do. Yeah, 11 00:00:19.645 --> 00:00:21.125 So, uh, I'm a bank of financial. 12 00:00:21.265 --> 00:00:24.525 Um, we are a company that, uh, helps business owners 13 00:00:25.145 --> 00:00:28.125 who are close to getting traditional financing, um, 14 00:00:28.345 --> 00:00:29.765 but just need a little bit of extra help. 15 00:00:29.785 --> 00:00:33.085 So what we do is we help 'em get their accredited order, 16 00:00:33.145 --> 00:00:36.045 get 'em, get their, um, utilization down 17 00:00:36.505 --> 00:00:39.885 and help 'em get financing with banks, loans of credits, uh, 18 00:00:39.885 --> 00:00:43.245 traditional financing, uh, uh, loans, you know, 19 00:00:43.245 --> 00:00:45.965 and, um, business term loans, SBAs, things like that. 20 00:00:46.305 --> 00:00:48.645 So talk to me, what makes you guys different from other 21 00:00:48.885 --> 00:00:50.005 companies that do similar things? 22 00:00:50.385 --> 00:00:53.285 So mainly the MCA is they're just gonna give you 23 00:00:53.285 --> 00:00:55.605 that short term six to 36 month deals. 24 00:00:56.145 --> 00:01:00.885 So what we do is we give them what consider k, like an MCA 25 00:01:01.185 --> 00:01:02.805 to pay down their credit card balances, 26 00:01:03.185 --> 00:01:05.725 but the difference is we don't charge them on a 27 00:01:05.725 --> 00:01:06.805 daily or weekly basis. 28 00:01:07.705 --> 00:01:10.205 So once we get that utilization down from the money 29 00:01:10.205 --> 00:01:13.845 that we put out, we, we score their credit, get 'em, 30 00:01:13.845 --> 00:01:15.365 you know, it's gonna shoot up because mainly 31 00:01:15.485 --> 00:01:16.605 that's the only thing wrong with it. 32 00:01:16.985 --> 00:01:18.725 And then we help 'em get approved from the banks, you know, 33 00:01:18.725 --> 00:01:22.805 chase, Wells Fargo, credit unions, um, lines of credit, um, 34 00:01:22.905 --> 00:01:25.845 credit cards, uh, equipment financing. 35 00:01:26.265 --> 00:01:28.245 So the first step is getting their utilization down 36 00:01:28.345 --> 00:01:29.405 by improving their credit. 37 00:01:29.665 --> 00:01:32.405 And then the second step is getting them the financing they 38 00:01:32.405 --> 00:01:34.965 can qualify for when we make that small adjustment. 39 00:01:35.345 --> 00:01:36.765 And for people that are interested in working 40 00:01:36.765 --> 00:01:38.165 with your company, I mean, kind of walk us 41 00:01:38.165 --> 00:01:39.365 through the process, how that would work. 42 00:01:39.795 --> 00:01:41.085 Yeah, so it's really easy. 43 00:01:41.425 --> 00:01:44.245 Um, all we require is we do a soft credit check 44 00:01:44.425 --> 00:01:47.045 and we get the recent tax return. 45 00:01:47.145 --> 00:01:50.045 So we're in 24 now, so soon to be, uh, 2023, 46 00:01:50.065 --> 00:01:52.405 but for now just 2022 business tax return. 47 00:01:53.105 --> 00:01:55.205 Um, then we'll get together a quote for the client. 48 00:01:55.215 --> 00:01:56.925 We'll say, Hey, look, based on your returns, 49 00:01:56.925 --> 00:01:58.925 based on your credit and where it's gonna be, 50 00:01:58.925 --> 00:02:01.405 once it's paid down, this is what we'll be able to get you. 51 00:02:02.035 --> 00:02:03.845 Then we'll gather documents, um, 52 00:02:04.335 --> 00:02:06.285 we'll start paying them the credit card balances. 53 00:02:06.665 --> 00:02:08.885 And then once that's done in about two three, you know, 54 00:02:08.885 --> 00:02:11.525 about a week, week and a half, we begin the application 55 00:02:11.525 --> 00:02:13.885 process for the banks and know those take a little bit 56 00:02:13.885 --> 00:02:16.645 longer, but normally it as a 30, 45 day period. 57 00:02:17.155 --> 00:02:18.965 It's not meant to replace the M mc world. 58 00:02:19.035 --> 00:02:22.565 It's just kind to compliment brokers who, uh, clients 59 00:02:22.565 --> 00:02:24.365 that don't wanna do the M-C-A-M-C-A 60 00:02:24.505 --> 00:02:26.605 or maybe are maxed out on the MC money already 61 00:02:26.945 --> 00:02:28.205 and wanna look for another avenue. 62 00:02:28.425 --> 00:02:30.725 You know, we've had clients in the past that had a lot 63 00:02:30.725 --> 00:02:33.485 of MCA balances and what we've done for them is get 'em, 64 00:02:33.485 --> 00:02:34.605 get traditional financing 65 00:02:34.985 --> 00:02:37.445 and help pay down those MCA balances, get 'em cleaned up, 66 00:02:37.865 --> 00:02:39.845 extend that, uh, period. Awesome. 67 00:02:40.065 --> 00:02:41.845 And then overall, I mean, uh, 68 00:02:42.145 --> 00:02:43.845 if people are interested in reaching out to you 69 00:02:44.065 --> 00:02:45.645 or reaching out to anyone else, uh, 70 00:02:45.855 --> 00:02:46.885 could they just go on your 71 00:02:46.885 --> 00:02:48.005 website, kinda walk us through that? 72 00:02:48.065 --> 00:02:49.245 Yes, they can go on our website. 73 00:02:49.305 --> 00:02:52.405 Uh, it's bankable financial.com. They can reach out to me. 74 00:02:52.505 --> 00:02:55.565 My email's Rolando, that's R-O-L-A-N-D-O, 75 00:02:55.865 --> 00:02:57.565 that's bankable.financial. 76 00:02:58.025 --> 00:02:59.285 Um, we have an easy link. 77 00:02:59.435 --> 00:03:02.285 It's an easy setup, you know, we'll create a link for each, 78 00:03:02.345 --> 00:03:03.685 uh, ISO or each broker 79 00:03:04.185 --> 00:03:05.925 and they can submit their information right there. 80 00:03:06.585 --> 00:03:08.085 We get it, we process it 81 00:03:08.145 --> 00:03:09.565 and we shoot back all the different options 82 00:03:09.585 --> 00:03:11.405 for the clients. Awesome 83 00:03:11.625 --> 00:03:12.625 Man. Thank you so much man. 84 00:03:12.625 --> 00:03:12.965 I'll go 85 00:03:12.965 --> 00:03:14.805 and let you enjoy the rest of thank you, uh, the day. 86 00:03:15.065 --> 00:03:16.445 So again, we spoke with talking 87 00:03:16.445 --> 00:03:18.765 to different brokers about the event that was Rolando 88 00:03:18.765 --> 00:03:21.885 and you know, what his company does is somewhat unique, uh, 89 00:03:21.945 --> 00:03:24.165 but also, you know, also he's here 90 00:03:24.225 --> 00:03:25.365 to enjoy the rest of the day. 91 00:03:25.385 --> 00:03:27.085 So, uh, throughout the day, again, we'll be talking 92 00:03:27.085 --> 00:03:28.645 to different people and of course you're not 93 00:03:28.645 --> 00:03:29.685 gonna wanna miss out on that. 94 00:03:29.705 --> 00:03:32.725 We have judges coming up for broker battles, so stay tuned.