Mckenzie Captal shut off their ISO's???
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  1. 01-24-2019, 04:05 PM #1
    ryan $
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    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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  2. 01-24-2019, 04:06 PM #2
    The Chosen One
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    Yep, I got the call on Friday.

    They're still funding in PR though.
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  3. 01-24-2019, 04:15 PM #3
    fundingsmbs
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    what was the reason
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  4. 01-24-2019, 06:30 PM #4
    Chambo
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    probably conversion rates vs stacks vs cost of paying commissions
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  5. 01-24-2019, 06:39 PM #5
    Nunya
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    Who?
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  6. 01-24-2019, 06:46 PM #6
    WestCoastFunding
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    How much do these guys fund? I barely see them in statements.
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  7. 01-24-2019, 07:07 PM #7
    Bloomingdale Funding
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    Did they copy thier name from mckenzie consultant?
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  8. 01-24-2019, 08:03 PM #8
    SmartAdvanced
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    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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  9. 01-25-2019, 02:14 PM #9
    DTFdowntofund
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    Quote Originally Posted by Nunya View Post
    Who?
    x2
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  10. 01-25-2019, 02:18 PM #10
    ryan $
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    If you werent working with Mckenzie they were a relatively new shop who were very reputable and doing solid deals
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  11. 01-25-2019, 02:34 PM #11
    DTFdowntofund
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    until now
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  12. 01-25-2019, 02:34 PM #12
    DTFdowntofund
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    Too many hands in the pot. The entire game is over-saturated.
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