Quote Originally Posted by MCAVeteran View Post
If lendio is selling leads or referring leads for revenue to can, on deck or other popular funding companies brokers already work with and the leads aren't exclusive, what's the point of buying the leads? The internal sales of these funders can take those leads and undercut your buy rates all day long-
Well, you have to figure out a way to avoid them. We did. And it's important to know where these lenders stand as far as ISO relationship and how much they value the revenue streaming from them. Most manufacturers of a product who sell direct and via distribution channels ensure the end customer doesn't see a difference or the distributor will find another source. This is no different. If they are willing to do this here they are clearly willing to lose the revenue.