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05-11-2018, 08:53 AM #11
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
All funders are not created equal. Some are notoriously difficult to work with, some will backdoor you and others will change the numbers on you at the five yard line. No software marketplace can ever replace a strong relationship between a broker and his preferred underwriters. The Funding Floor model might be appealing to a newbie ISO who wants to submit a deal, kick back and wait for the system to spit out the best offer regardless of who the funder is. He'll still be at a big disadvantage to a veteran who spent years cultivating the right network and knows how to compete. There are no shortcuts.
Last edited by MCNetwork; 05-11-2018 at 09:03 AM.
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