Funding Circle Unveils New Risk Tier: A Win-Win For Small Business And Investors

**isaacdstern** · 10-06-2014, 08:10 AM

http://www.marketwatch.com/story/fun...ors-2014-05-05

**Sean Cash** · 10-06-2014, 10:09 AM

thats from may

**JayBallentine** · 10-06-2014, 01:48 PM

They're business dev dept hit us up rather passionately... "Help us understand the US MCA broker market, give us data and broker leads..." We were more than happy to oblige... Not!

**MCAVeteran** · 10-07-2014, 09:17 AM

They aren't going to pay the commissions to acquire the broker market with the rates and product they carry. Nor do I think the majority of paper brokers obtain will fit their underwriting box

**Zach** · 10-09-2014, 10:37 AM

How much commission do they pay? Seems like an interesting product... I can't imagine it would be much.

**Peak Source** · 10-09-2014, 10:59 AM

They charge the merchant a 2.99% origination fee of the funded amount and give the broker 1 point out of it.

**Zach** · 10-09-2014, 11:06 AM

I would just charge a 5% closing fee

**Eddie.deangelis** · 10-10-2014, 06:56 AM

Do they allow it ?

**happysales** · 02-11-2016, 10:19 PM

Originally Posted by Zach

I would just charge a 5% closing fee

Originally Posted by Eddie.deangelis

Do they allow it ?

They give you a choice- 1.5% comm with ability to charge a fee or 3%- no ability to charge fee.

**FUNd** · 02-11-2016, 10:29 PM

This thread is from 2014 numbnuts.

**Chambo** · 02-12-2016, 12:08 PM

Originally Posted by sean bash

thats from may

May 2014....

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