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05-08-2018, 03:42 PM #1
Reputation points: 99426
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
If only it were that easy. Now you have to compete with the other 3 brokers that the merchant is working with. If the merchant only worked with the Funding Floor broker, then the model would make sense. But that's not real life, especially if the merchant was found on a UCC list.
Last edited by MCNetwork; 05-08-2018 at 03:44 PM.
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05-08-2018, 04:08 PM #2
Hey Archie,
Each deal can only be submitted to the platform once in a given time period based on a few factors. If you are the first to upload the deal, the next broker to submit the deal will have it rejected during the exclusivity period. There can never be the same deal on the platform with more than one broker, our software won't process that.
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