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06-11-2015, 10:36 AM #17
- Join Date
- Jun 2013
- Posts
- 293
Unfortunately some merchants may be fraud to some ISO's and funders but to others they aren't. I know merchants that have deliberately screwed over numerous funders but still maintain a strong relationship with a few and continue to get funded. They are coached at the highest level on how to maneuver our business in and out of existing advances, how to slow pay certain companies or get buy outs from others and just stack all over again. You'd have to sit down with each funder and share not only your default deals, but possibly some of your best payers to have a chance to compile a list of the industry scum. Nobody would be willing to do that because it would turn into total mayhem.
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