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idk abt Merc and Maison but for sure apex and fiji also how is LG not on this list?

rapid, delta ufs

big a paper shops - reps get paid a very small % but they usually do huge volume. smaller shops - prob make 1.5-3% on deals (can be guaranteed points or based on O fee) most places wont clawback internal - there is enough shops that need reps vs the other way around that the reps can ask for no clawback also bad for morale if trying to run a good shop when you claw back iso rep

We pay on the funded amount for renewals, same as original deal's commish. Reach out for a copy of our guidelines.

we funding cali right now

broker boyz

If they do not Have the financials I might have some ideas and products for you. Please send me a private message if you are interested.

FND and FNS are the same ?

Sending all my deals right now. Can you fund a million dollar deal? I have a merchant doing 3 million, can I send that to you?

I believe admin on this.

We are funding all California deals! please request an iso agreement to nicholas@lifetimefundingllc.com to register as a new partner prior to submitting

I am pretty sure IOU pays on Full Renewal

These are also good for California: - IOU - OnDeck - Kapitus

email for Guidelines. eugene@equitaadvance.com

We always pay 100% on renewals.. We can offer aggressive buyouts if you're looking to move some paper to us. A- / B Paper 6 - 12 Month Terms Buy Rates as low as 1.26 Prepays starting at 1.09 Email for our guidelines

Honestly I totally agree with you. I will say they definitely sent you emails and notifications at some point since they are pretty by the book. Even down to the iso agreement saying after 30 days they will steal your deal. With that being said I fund about 20% of what I would with them if they just paid on gross and weren't greedy pos.

FND Capital is funding California.

a couple of years now they have been paying on net

We pay on the Gross funding amount, always - Ide love to snag a deal away from any shop that pays less on refi's. Feel free to send them over.

We've never been paid on net for renewals in 13 years. And the larger problem is that they advertised their offers with points correlating to the total gross funding amount, not the net. Had we been notified of the change or were it in writing, we would certainly consider placing that same deal elsewhere. It's a huge slap in the face to any ISO who is bringing a $275K deal they are going to profit 50 points on and give us a cheap 2 points for bringing them business. Especially considering this merchant just paid off a huge balance within 3 months for them that we brought to them.

I always pay on the funded amount of what the contract says unless it is a special circumstance and brokers will knw before contracts go out. Feel free to reach out to me for an iso agreement. Scott Platto scott@tmrnow.com tmrnow.com 212-220-9872

Kapitus changed to paying on the net during covid. I am sure the higher ups haven't changed it back due to an increase in profitability. There are a few workarounds if you have the volume. You can get them to pay on gross with 7 figures in monthly volume. I also believe they have a tier where they pay on half of the refi'd amount. Last option is get your rep to give you an aggressive monthly volume bonus. The only thing I will say in their defense is they have been pretty aggressive on discounting refi balances for most of my deals. Other than that I agree, yes its shit and their greed has made me far less loyal to them.

I worked for a direct lender that paid on net renewals...never on gross.