4 Key Metrics to Evaluate Your SBA Loan Lead Generation Success
In the ever-competitive MCA market , generating SBA loan leads is great. But generating quality leads that convert is the ultimate quest. That is why knowing which metrics to track can mean the difference between scaling smartly and wasting thousands on low-quality traffic. Let’s break down the key metrics that will help you determine if your SBA emergency loan lead generation strategy is working (or not). 1. Lead Volume First things first, calculate the number of SBA or MCA leads . This shows the inclusive quantity of lead generation. Also, track where your leads are coming from, as they may originate from various sources, including websites, referrals, or online ads. Tracking will help you identify which sources are effective and optimize them better. 2. Lead Quality Track the conversion rate, which refers to tracking the number of leads directly converted from loan applications. A healthy conversion rate indicates better lead quality and qualification processes. Also, ca...