Results 1 to 12 of 12
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01-24-2019, 04:05 PM #1
Reputation points: 179851
- Join Date
- Jun 2017
- Posts
- 2,049
Mckenzie Captal shut off their ISO's???
ANyone hear anything about this? They are no longer going to be taking ISO Paper???
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01-24-2019, 04:06 PM #2
Reputation points: 3376
- Join Date
- Nov 2016
- Posts
- 91
Yep, I got the call on Friday.
They're still funding in PR though.
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01-24-2019, 04:15 PM #3
Reputation points: 86941
- Join Date
- Feb 2018
- Posts
- 1,349
what was the reason
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01-24-2019, 06:30 PM #4
probably conversion rates vs stacks vs cost of paying commissions
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01-24-2019, 06:39 PM #5
Reputation points: 198007
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 830
Who?
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01-24-2019, 06:46 PM #6
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
How much do these guys fund? I barely see them in statements.
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01-24-2019, 07:07 PM #7
Reputation points: 4871
- Join Date
- Dec 2018
- Posts
- 66
Did they copy thier name from mckenzie consultant?
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01-24-2019, 08:03 PM #8
Reputation points: 97075
- Join Date
- Jun 2015
- Posts
- 754
Most Funders make less money per deal than ISOs - after defaults, overhead and acquisition costs. This is even if the ISO does not PSF the deal, let alone if he does..
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01-25-2019, 02:14 PM #9
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01-25-2019, 02:18 PM #10
Reputation points: 179851
- Join Date
- Jun 2017
- Posts
- 2,049
If you werent working with Mckenzie they were a relatively new shop who were very reputable and doing solid deals
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01-25-2019, 02:34 PM #11
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01-25-2019, 02:34 PM #12
Too many hands in the pot. The entire game is over-saturated.
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