[Ericr123]

What is a normal fee amount that should be charged on high risk short term deals ?

[Lmonus]

Usually anywhere from 4-8% is the norm on a highrisk deal. Could go higher depending on the funder.

[Davincinc]

ive seen 10% setupfees for new clients

[fundingsmbs]

seen as low as 2% plus some other flat fee junk fees prob bringing it closer to 3-4% of the funded amount goes out towards fees. on renewals, I have seen some waive all those fees and just charge a wire fee

[Ericr123]

Thanks, Wanted to get some input on this topic.

[Michael_Prompt]

Or unless you are influx, GTR, Ram, 24, kash, second chance, silver, it will go as high as 20% which it does most of the time. It’s not a great strategy as you want to retain merchants and not hammer them. A normal high risk Funder should not charge more than 8-9%. But you need to ask yourself what’s high risk these days. Just because a merchant has 2 positions doesn’t necessarily mean it’s high risk. But again everyone has different definitions of that. Be more specific.

[patrickw]

8% Fee + 3% PSF

[Ericr123]

Well in this specific case I have funded this merchant in the past and he is up for renewal.

Mercahnt went negative right away after funding with multiple NSFs and 2 open positions. Deposits vs Ending balances are really cut close.

Last deal was feed 15%.

Just an office discussion.