The future of brokers
Need a Funder or Vendor? START HERE

Results 1 to 25 of 71

Hybrid View

  1. #1
    Senior Member Reputation points: 99426
    Join Date
    Sep 2012
    Location
    New York, NY
    Posts
    1,780

    The sad part is that you don't have to do a title search until AFTER you've been approved.

  2. #2
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Saddest part is when they tell you after approval of the ABL that they can give you additional funds through cash advance. But they get those funds by sending it to BFS. They then pay the broker 25% of the BFS commission. A whole 25%.

Similar Threads

  1. Help: # of ISOs / Brokers?
    By SMBLoans in forum Merchant Cash Advance
    Replies: 4
    Last Post: 06-12-2014, 05:41 PM
  2. Replies: 19
    Last Post: 06-11-2014, 08:15 PM
  3. Where brokers go to make money
    By bdshaw in forum Business Loans
    Replies: 4
    Last Post: 03-24-2014, 11:30 AM
  4. Where brokers go to make money
    By bdshaw in forum Merchant Cash Advance
    Replies: 6
    Last Post: 03-18-2014, 05:00 PM
  5. Factoring Future Intellectual Property Income
    By skideeppow in forum Merchant Cash Advance
    Replies: 0
    Last Post: 04-17-2013, 05:14 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY