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04-13-2021, 05:40 PM #1
- Join Date
- Apr 2021
- Location
- Miami, FL
- Posts
- 21
We would pull it for you and add to your commission payment.
Matrix advance is back and currently funding mid-to-high risk deals 15K -150K.
We fund past defaults too.
Phil Marciano
phil@matrixadvance.com
(305) 317-5484
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04-13-2021, 09:38 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,941
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-14-2021, 03:41 PM #3
- Join Date
- Apr 2021
- Location
- Miami, FL
- Posts
- 21
We've been offering it to ISO's we have good business relationships - and so far have not have any issues.
We don't pull it under the brokers name.
We usually add it to our fee on funding call and pay it along with the commissions.
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04-16-2021, 10:02 AM #4
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,941
In your SOP, you are deducting from the Gross Amount of the MCA Funding?
Example - Gross Funding is $100K - Broker Fee is $5K - you ACH/Wire $95K to Merchant?Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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