SBA releases Paycheck Protection details-
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  1. #1
    Senior Member Reputation points: 86941
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    why .50% commissions? $350k and under is 1% did you just make someone $8gs

  2. #2
    Quote Originally Posted by fundingsmbs View Post
    why .50% commissions? $350k and under is 1% did you just make someone $8gs
    Heres the Structure
    $350k or less = 0.50%
    $350K - $2 million = 0.25%
    $2 million + = $0.125%
    they are just sharing 50% of what they get. Some might say not worth it, to me it is.
    Most of my deals are below $350K so ill fall under the 0.50%

    I anticipate to write up $2 - 2.5 million in volume each month April & May 20-25 deals per month = majority from referrals & my existing merchants. maybe less maybe more. Lets get to work.

    In addition in still working on MCA.
    Lots of things can happen, i see a great opportunity
    Last edited by inacio; 04-07-2020 at 11:38 PM.

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