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davidallencapital.com Review

davidallencapital.com

Tags:  Referral Funding
4/53 votes
Last update: 2023-06-04
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Everett Bowe
32 Followers   1 Review
Last Update: 2022-08-08
My experience with the program so far

Becoming a David Allen Capital Independent Agent is a unique business opportunity that has the potential of becoming a lucrative home business opportunity for online marketers with some real-life experience managing or operating a brick-and-mortar business.

David Allen Capital specializes in providing cash advance loans to small business owners throughout the United States. DAC's investment partners have already approved over $10 billion in small business loans throughout the US and its partners are some of the best investment associations, in the business.

The process requires no hard credit check or collateral, and the funds can be available for the business owner to use on the same or next day, depending on when the offer is approved by the funding partner and accepted by the applicant.

After the funding is dispensed the referring agent is compensated at least 3% and as much as 6% of the total face value of the loan. For example, if you refer a loan of $20,000 and the offer is approved and accepted by both parties, the referring agent will earn either $600 or $1200 (depending on if you have other referring agents in your downline).

Commissions are dispensed daily, and fees will be deposited into the referring agent's account immediately after the loan is transferred to the business owner's bank account--typically within 24 hours.

According to my training, banks only approve about 20—30% of small business loan request. So, there is a market and need for this service in our communities. And that's what David Allen Capital does--they provide the other 70% of those rejected loan applicants with a way to acquire the money they may need, when they need it most.

Bottomline, if you can commit to completing the free broker training, attending weekly meetings, and spreading the word about the quick loan services provided by David Allen Capital, in your community and beyond—you can earn a decent living just by fulfilling a need that most businesses will use now, or in the future.

What I Like

I am still in week one of my training and still learning ins and outs of becoming a loan broker, but I have been impressed with the training provided, the weekly zoom meetings by the owner, and his commitment to helping those agents who take this opportunity seriously become the best brokers they can be.

What I Dislike

I can't think of anything so far, even though I have not landed my first loan package yet, but it will happen soon.

Final Verdict

This is a real business opportunity for anyone looking for a brick-and-mortar like opportunity that you can perform at home. I am 68-year-old retiree, and this is the perfect opportunity to use my contacts and experience to earn a little money from home.
Is this review useful? 3
5.02022-08-083
Nick Lopez
79 Followers   1 Review
View my top recommendations

My Top Recommendations

Last Update: 2023-06-25
My experience with the program so far its amazing I have made money with my agents getting clients.

This is not a scam on what you see here this is real opportunity.

Its free to join. Their Facebook group its amazing, providing value all day.

I have been with David Allen capital for 4 yrs and I continue to love it.

Thank you
David Rutz

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Is this review useful? 1
5.02023-06-253
Frank Hudacek
94 Followers   2 Reviews
View my top recommendations

My Top Recommendations

Last Update: 2024-04-21
My experience with the program so far

I became an independent agent with David Allen Capital ('DAC') about 12 months ago. The company supports businesses by providing working capital (revenue based funding), business products and services, ERC (Employee Retention Tax Credit) assistance, insurance, payment processing, and more.

DAC serves the ‘Gig' worker, up to corporate owner. Funding advances range from $400 to $2 million. The entire business model is an online platform, with an application submitted by the business owner.

The company provides same-day-funding, and 1-3 day funding on larger amounts. There is no application fee and no obligation.

What I Like

What intrigued me were the simplicity and affordability of the business. My career was in banking so I was able to adapt quickly. I went online and became an agent.

There is no cost to enroll to be an independent agent. You work from home. There is no monthly cost to maintain agent status. This is absolutely a no-cost to own and operate business. You can operate as a single agent or build a growing agency. There are no territory limitations and we're in Canada.

My experience has been good, quick to learn the company basic dos and don'ts. The training is straight forward, with weekly Monday and Friday live video training calls.

Here's the clincher, the company does not make a dime before you make a dollar!

What I Dislike

Also, here's the reality of this business... If you don't work your business, if you don't seek prospects that convert to clients (users of products and services), if you don't produce sales, then you will not produce commissions for yourself (don't forget, you're an independent agent).

Final Verdict

When you do produce sales the commission payout is very good. Agents are paid the same or next day after a business funding closes. If you decide to build an agency and recruit other agents, there are commission increases on your personal production, the team production, and more.

Anyone can do this, but it takes a determined, organized person, willing to make calls, work this as a business, and then results can be very lucrative.

With the low cost (zero cost) of entry it's worth the time to Become an Agent, get inside the back office and kick the tires. Attend the training and hear from the owner and agents what it takes to succeed.

The company views Business Owners as Rock-Stars and has developed an extensive network of agents understanding, When the bank can't help, We Can!
Is this review useful? 2
4.02024-04-214