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  1. #1
    Karen37a
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    do what you will
    Last edited by Karen37a; 07-27-2017 at 07:54 PM.

  2. #2
    Senior Member Reputation points: 4936 HFS's Avatar
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    Quote Originally Posted by Karen37a View Post
    Waller ...you are an iso, you do not own your book of business. The Funder does read your iso agreements.

    No one would buy an iso for the used computers and people sitting in chairs and a lease.
    FALSE! Ive personally have been witness to the purchase of an ISO !!!!!!!!

  3. #3
    Karen37a
    Guest
    Quote Originally Posted by HFS View Post
    FALSE! Ive personally have been witness to the purchase of an ISO !!!!!!!!

    I've seen people buy swamp land too.


    The Iso doesn't" truly "own the renewals. So what are you buying? "Tortious interference"

    ( and maybe you can sell into the highs when everything is rosy and everyone wants to be a merchant cash advance company)

    I've seen people sell telemarketing businesses / Financial companies etc and then snatch the staff out from underneath them from across the hallway.

    So I guess anyone can buy anything...what is is worth, and what do you really own?.

    4 Isos went under in my area...bad fight to the death over things...

    Some Funders snatched some renewals during the handoff as well lol...I wasted my time on one. So much drama.

    ( the irony is the merchant defaulted anyway.I still wasted a bunch of time)
    Last edited by Karen37a; 07-27-2017 at 12:39 PM.

  4. #4
    Senior Member Reputation points: 307559
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    Quote Originally Posted by Karen37a View Post
    I've seen people buy swamp land too.


    The Iso doesn't" truly "own the renewals. So what are you buying? "Tortious interference"

    I've seen people sell telemarketing businesses / Financial companies etc and then snatch the staff out from underneath them from across the hallway.

    So I guess anyone can buy anything...what is is worth, and what do you really own.
    if a merchant is placed right you cant move him so easily. That lender/funder will keep him renewing and paying that iso . Next if you put in place the lead sources team etc to be doing millions a month that gives syndicators access to fund millions a month with only paying out half commission .
    Elizabeth one day you will god willing get big enough to realize the power of a big iso shop and how much it is worth to someone.

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