Over the past few years, SMS marketing has been a cornerstone of success for many Merchant Cash Advance (MCA) brokers. But with the introduction of 10DLC regulations by the FCC, the game changed dramatically. If you’re an MCA broker who relied heavily on SMS to connect with clients, you’re likely familiar with the disruption—and the challenges that followed.
The FCC’s introduction of 10DLC meant that phone numbers used for texting had to be registered to ensure compliance. For MCA brokers, this created two major challenges:
- Platform Restrictions: Many texting platforms disqualified brokers from using their services, even with a registered 10DLC number.
- Industry Disruption: The inability to use SMS led to significant declines in business for some brokers, with many closing their doors entirely as SMS was their primary marketing tool.
To make matters worse, non-compliant platforms emerged, stealing broker data or misusing uploaded information to market directly to merchants or sell data to competitors. Brokers who attempted to build their own platforms often found themselves overwhelmed, leading many to revert to cold calling—a far less effective approach for many teams.
Fortunately, new solutions have entered the market, offering MCA brokers a path back to the efficiency and effectiveness of SMS marketing. These platforms are compliant, reliable, and tailored to meet the unique needs of the MCA industry.
Here’s what makes these new platforms stand out:
- 90% Delivery Rates: Ensuring your messages reach the right audience.
- 10DLC Compliance: Fully compliant systems, with setup completed in just 7 to 10 days.
- Competitive Pricing: Affordable solutions with volume-based discounts for larger broker teams.
For some broker shops, these solutions have been nothing short of life-changing, reviving their lead generation efforts and driving a tremendous number of submissions.
With years of experience serving MCA brokers, Loyola Media Group understands the challenges you face and the solutions that work. By partnering with us, you’ll gain access to proven strategies, trusted referral partners, and tailored guidance to set up your SMS marketing program quickly and effectively.
We’ll ensure your business stays compliant while helping you tap into the full potential of SMS marketing. Best of all, our process guarantees that your data remains secure and protected from misuse.
Loyola Media Group is here to guide you through the process, connecting you with the right solutions to restart your SMS marketing efforts within just 7 to 10 days.