[Karen37a]

what does that have to do with kabbage not wanting to work with brokers.. Yes the comments were stupid but how they drive their business is up to them. We dont have to agree with them but it is their choice. I just dont get what be a 1099 sales office or a w2 sales office or anything else has to do with it

John

not if the brokers are w/2 or 1099 to you....you are 1099 to the funders

( the isos are 1099 commssion only to the funders)

you can have w2 or 1099...its up to you..or be a single member

I have 1099 and have a primerica style organization...my choice...super iso...maybe ill turn into a funder , i doubt it..i will syndicate with a few

[J.Celifarco]

John

not if the brokers are w/2 or 1099 to you....you are 1099 to the funders

( the isos are 1099 commssion only to the funders)

you can have w2 or 1099...its up to you..or be a single member

I have 1099 and have a primerica style organization...my choice...super iso...maybe ill turn into a funder , i doubt it..i will syndicate with a few

yes we are 1099 commission to the funders I know that but again what does that have to do with kabagge choosing not to work with brokers? Also what does if you syndicate or not have anything to do with that. I am jsut trying to understand your point and I dont see it. They believe brand building is a better way to grow their business then working with brokers, and the CEO made a dumb comment. What does who you syndicate or dont syndicate have anything to do with their business model for growth?

[Karen37a]

yes we are 1099 commission to the funders I know that but again what does that have to do with kabagge choosing not to work with brokers? Also what does if you syndicate or not have anything to do with that. I am jsut trying to understand your point and I dont see it. They believe brand building is a better way to grow their business then working with brokers, and the CEO made a dumb comment. What does who you syndicate or dont syndicate have anything to do with their business model for growth?

Him thinking that people make phone calls or create boiler rooms( which is him putting down phone sales people) to create a brand...its a dumb comment and not true

[Mynameisbob]

Funny thing is. I calculated one of their payments for a client and the factor ended up being around a 1.65 with crazy fees front loaded on the first two payments.

[Karen37a]

Funny thing is. I calculated one of their payments for a client and the factor ended up being around a 1.65 with crazy fees front loaded on the first two payments.

Same for me so I NAIL them off the first phone call( not all deals I calculated them differently because of the way they chare the "interest" and fees., and if paid back early oooo weeee..in my boiler room way

And technically when you spread that out adjusted compared to a bank apr ...they are are not so fancy foo foo pinky out" I am not a boiler room, i do not make phone calls" ick

[Mynameisbob]

Does Kabbage get money from Webbank I believe? I think WBL gets money from them too...

[Karen37a]

Does Kabbage get money from Webbank I believe? I think WBL gets money from them too...

Alot of people do...and massive retail companies/credit cards

Use the other as a lead source ( kidding smile )