Sometimes the things I see in this industry make it easy to understand why the industry isn't larger. There are some questionable practices to say the least.

Here's a couple of things I believe the industry can do without:

1. Double factoring on renewals. Why on earth is this ok?

2. Stacking. Pearl takes the cake here. I have a client on the verge of default with us because Pearl thought is was a good idea to intentionally breach my contract and stick one of our merchants with a 1.40 / 6 week deal. I'm not defending the client's poor judgement but Pearl thrives on stacking. It's their thing and it sucks.

3. Fee netting. 1.30 - 1.50 is enough as it is. Taking $500 - $1000+ off the top is just plain irresponsible. Covering hard costs? Fine. But that's not what is going on 99% of the time.

There's plenty more but those are the 3 that bug me the most.