[ryan $]

Murky Waters - Keep in mind the merchant is applying for a "Loan" - Let's assume for a moment you are correct,
and you change the maximum $2500.00 fee that is allegedly allowed on the SBA Form 159D - Merchant is declined - then what?

Also IMO - there are a few land mines in the agreement.

https://disasterloan.sba.gov/ela/Documents/Fee_Disclosure_Form_and_Compensation_Agreement_(15 9D).aspx

Whose to say the Fee I am charging is limited just to that specific program??????

I've had "Brokers" Charge massive upfront Fee's then shop the merchants file to me, and i get them an MCA (this happens alot in the asian community for some reason)

If Im charging an Upfront Service Fee - Whatever you want to call it, to Capture that Customer, then shopping their file SBA, LOC, MCA Whatever...... all I'm saying is.....IT HAS BEEN DONE.

[WestCoastFunding]

Whose to say the Fee I am charging is limited just to that specific program??????

That’s exactly right. Nothing wrong with charging to $2500 to package and refer a 7(a), 7(a) Express, Microloan, 504, conventional term and/or ABL/factoring line and make the PPP “free”.