[Franklin]

No, I get that - it was said to sound like direct lenders who use syndication to fund their deals wouldn't be interested in stacking.

Pretty sure my response did not communicate that. The thread was about the industry, not direct lenders specifically.

[evercap]

Email wmurphy@everlastingcapital.com to learn more about our iso sydication program. Syndicate up to 50% in any of your deals. Back end real time login portal access and payback is daily.

[Chambo]

Email wmurphy@everlastingcapital.com to learn more about our iso sydication program. Syndicate up to 50% in any of your deals. Back end real time login portal access and payback is daily.

and this post has what, exactly, to do with the ongoing conversation?

[anonymous]

No Johnny, you're right. These new places, the senior guys have 6 months' experience

Lack of experience is inevitable with new ISOs emerging every day. I run a firm and only have 7 months experience under my belt. With that being said, I've spent countless hours researching, sifting through lenders, and learning every possible aspect of the business. We have also been fortunate enough to have some of the larger lenders send a team to provide our floor with additional training (specific to their product/UW guidelines).

All of our brokers have gone through extensive (paid) training and the vast majority of them have a background in finance. We even have our "Senior Brokers" on a base salary. I feel as though we run a great shop and truly evaluate/analyze every option for a merchant and convey that information in a clear/concise manner. Long story short: there are a number of factors that are more concerning than a limited amount of time in this space.