Renewal commissions-What is the industry standard?
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  1. #1
    Senior Member Reputation points: 5933
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    Quote Originally Posted by mikem View Post
    If my funder funds a merchant and that merchant paid down and took another funding 6 months later from that same funder by directly contacting him, does that funder owe me renewal commission? Is there any justification to not pay renewal commissions in such a scenario?

    If he does owe me commission, is there any time span long enough that he wont need to pay?
    My ISO's all make the same and sometimes more, as long as the deal is still strong.
    Last edited by QuickFund; 04-17-2018 at 12:33 PM.
    Isaac N Mizrahi
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