Advice for the day!
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  1. #1
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    Advice for the day!

    FYI,refrain from submitting to high risk funding shops with to many underwriters and commission driven peeps, my experience has always ended in our agents merchants being contacted directly. no axes to grind, if forum is to protect, then let it be known. Happy Good Friday.

  2. #2
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    I think that's always been the case...

  3. #3

    Advice for the day!

    Agree.. I learned this the hard way once.

  4. #4

    Advice for the day!

    It's in mostly all of our ISO agreements that after 30 days the lenders can contact the client directly.... And they do, direct mail, phone etc... Every deal I have ever had that didn't close in a month for various reasons, starts getting contacted from all over and all angles !

  5. #5
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    Advice for the day!

    That's not true, I would say most funders don't do that practice.

  6. #6
    Quote Originally Posted by cashguy View Post
    That's not true, I would say most funders don't do that practice.
    Agreed, and also it's about how you negotiate your ISO agreement. If negotiated the right way you don't have to worry about that

  7. #7
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    ed -
    can you recommend a high risk funding place, i value your opinion. (based on the reach your company has online!).

  8. #8
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    Quote Originally Posted by mcaguru View Post
    ed -
    can you recommend a high risk funding place, i value your opinion. (based on the reach your company has online!).
    We specialize in high risk accounts here at AVP Solutions, message me back if you would like to discuss a potential partnership!

  9. #9
    We fund up to 5th position including high risk industries such as medicinal marijuana dispensaries and transportation.

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