My experience with the program so farI 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 LikeWhat 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 DislikeAlso, 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 VerdictWhen 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!
Visit
Davidallencapital.com
This is a new program, and so far has been pretty good. They publish training videos, and host live zoom calls. There is an official Facebook group page as well as an internal social media account where you can mingle with other members. I really like that they take the time to check all reviews to ensure they are not put up in order to try and "game" the system.
What I Like
I like the fact that Local City Places is free to join for anyone. I also like the fact that you can earn income from those reviews, but you don't get paid for the reviews themselves, you get paid if the business decides to come on board as a featured business. You need to post honest reviews (good or bad), and they are all checked by a real person to ensure quality vs quantity. Think of it like Yelp or Google Reviews, but you can earn an income.
What I Dislike
The only thing I can say I dislike would be that it can take some time for a review to post, because they are all manually checked (not that this is a bad thing), so it can take a little bit of time for reviews to get posted.
Final Verdict
I would say that Local City Places is a great place to join and post honest reviews for businesses. If you post the first review, and a business decides to join as a featured business you will be paid for each and every month that business stays on board. Can you imagine having a few businesses deciding to come on board as a featured business and getting paid monthly based on that?
There is no sales, you don't have to convince anyone, or any business to come on board, all you have to do is post an honest review, good or bad, and they will take care of the rest. It's just like posting (or reading) reviews on Yelp or Google. I say why not. It really costs nothing but a few minutes, and it's free to join. It's a total win.
Visit Localcityplaces.com