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$75,000 - $125,000 is average 250,000 and up is very good 400,000+ and up is a rock star There are top closers doing 2 million, as SendDocs said, but they are rare, and they have a team with openers and doc chasers and an assistant to answer calls and smooch with merchants. So the question does need to be quantified a little more: Any closer doing over 250,000 a month will usually have a team. There are some solo rockstars, but they're more like white stags in the wild (the top guy I know does/did 1 million by himself). The funding types you offer will determine your closing, as 2 fast track SBA loans can give you half a million in funding right on the spot, and that can be done without a staff. But it would be less profitable than that amount in merchant cash advance, unless of course you're good at invoicing merchants directly. Some closers do their own prospecting, some closers only see the deal when an offer is made and it's their job to get them to sign contracts, and some closers may have openers and doc chasers and an assistant to answer calls and smooch with merchants. A closer on salary who makes 1-2 points on a deal, makes less than a closer who runs an Iso shop and makes a share of everyone's commission, plus closes his own deals for 100% of the commission A closer who has a partner or investor fronting a heavy budget for leads, again is more of an order taker at that point and will be generating a lot of revenue. Time is what impacts profitability the most. If someone (or something) else is doing your prospecting and qualifying, that clears the way for you to focus on the most profitable tasks: getting the merchant to sign and staying on top of him for renewals (and some companies have renewal departments), so even that can be delegated to free up more time to close. www.UccRadar.com – Large sales volume merchants filling out your application.

Another broke loser that funds a couple deals a month im sure.

Any updates? We're in the same boat.

Bad companies like that gives gives good companies a bad reputation and makes it harder to get iso's to sign up with them. I would never steal my brokers files. They work to hard to get them to have someone steal there commission. If you are looking for a great company with good morals and reputation feel free to reach out to me. Scott Platto scott@tmrnow.com tmrnow.com 212-220-9872

Interesting. At the ripe age of 19 years I'm still learning new things. I told my mom not to judge me for my basement living quarters, and now I'm right.

What a wealth of accurate and clear information! Dude, you rock for always keeping it upfront. There's a ton of opportunity in this industry, for someone new, with the right well established company.

This.. like why? Are people just not able to clear background with real funders and roll the dice with random shi$ bags? I dont get it, someone enlighten me.

Just a heads up mexican, this is a broker. Are you a direct lender now Nick?

Did they stop funding in house? 24 cap aka symplified does the same thing. Lendora has given me some nice reverses. I dont use them for straight deals. Perhaps they broker those.

2MM+ Solo, not counting a Team they likely have under them

it's the same guy as hybrid advance and blue rock capital, search on dailyfunder for those 2 companies for the answer to your question

how much is a top closer funding a month ?

That's how you hotbox, deprive yourself of oxygen and only inhale the serendipitous smoke for peak performance

Lendora's been doing this for months. We caught their hand in the cookie jar a few months ago and stopped sending files since. Bad situation all around

He does have an interesting way of turning simple subjects into colorful ones. www.UccRadar.com - Large sales volume merchants filling out YOUR Application.

I enjoyed this, you really took me on ride with the narration. I envision the voice of Leonardo DiCaprio in The Wolf of Wall Street. I am open to see where the ship sails. Leads make the world go round, Now you just need 1 more.

There's definitely some cost savings in that strategy, although your lungs might say otherwise in 10 years, but why have the windows closed?

Great conversations. Looking for 1 or 2 more.

Nathan Capital Group | https://nathancapgroup.com

Oh boy, another one bites the dust. What was the size of deal & also who did they fund your deal with?

Very fair rates giving on there term product option, correct they have dissolved their LOC product. In replace you have the AR lines which can work in the favor of the merchant. I would suggest using them if you can't find a back-up.

In the process for 2 term loans - I'll let you know how they turn out

People need to just stick to well respected known funders, just asking for it doing otherwise.

I do about 20-40m a year with them. They don't have a LOC product aside from their AR lines which there are better options for elsewhere. The only thing they have that is useful is the SBA product. Which will be the highest rate around so they can sell off the portfolio. With that being said they do get a decent amount of deals done for me however the level of communication leaves a lot to be desired.