Am i getting fairly compensated?
Need a Funder or Vendor? START HERE

Results 1 to 25 of 26

Threaded View

  1. #1
    Member Reputation points: 10
    Join Date
    Aug 2015
    Location
    New York
    Posts
    15

    Am i getting fairly compensated?

    It all began as a summer job but I've gotten so much more success than I would have imagined. I am currently working as a sales rep for a Direct Lender/ Broker hybrid and I'm getting paid 3 - 4 % of funded amount on each deal depending on high/low, not total payback. 80% of the deals we fund are 1.40-1.45 5-6 months In-house funding so these are expensive loans. We do anywhere from 1st to 3rd position ( and some 4ths ). I prospect and close all the deals.

    I just got paid a huge check this week closing 7 deals this week but wonder if I'm still getting paid on the lower end. Is it worth it for me to continue working for this company or go independent? Keep in mind i have a strong client base already.
    Last edited by HonestPerson; 08-30-2015 at 07:03 PM.



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Credibly secures third securitization
Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs


DIRECTORY