Results 1 to 6 of 6
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05-12-2020, 10:32 AM #1
Reputation points: 12
- Join Date
- Jun 2015
- Posts
- 44
WE'RE FUNDING: Split Deals with strong MTDs - NO CREDIT PULL for Approvals
MERCHANT CASH GROUP
WE'RE FUNDING: Split Deals with strong MTDs
√ - Direct Funder
√ - No credit pull for approvals & in most cases, no credit pull required at all
√ - Minimum $5K sales/mo with at least 10 batches/mo
√ - Up to 45 negative days allowed in the bank over a 3 month period
√ - Docusign Contracts
√ - 10% base commission on all approvals
√ - Bonus & Commission paid the same day merchant is funded
√ - Can be combined with our usual 10% monthly ISO Bonus (see below)
Additional 10% ISO Bonus:
√ - Fund 4 new deals in a month and receive an additional 10% on the total funding amount.
√ - For example, fund 4 new deals totaling $50k and receive a $5k bonus in addition to the per deal commissions and bonuses.
Contact:
Rean Morse
Merchant Cash Group
rean@merchantcashgroup.com
866.610.6569 ext 47
5745 SW 75th Street, Suite 110
Gainesville, FL 32608
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05-13-2020, 02:08 PM #2
Reputation points: 86751
- Join Date
- Feb 2018
- Posts
- 1,346
who do you require they do cc processing with to fund?
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05-15-2020, 10:34 AM #3
Reputation points: 12
- Join Date
- Jun 2015
- Posts
- 44
We have many split partners. If they happen to not be with one of them, we can help change their processing or the agent can handle it. Normally, merchants are in bad processing deals anyway, so if changing is necessary, it's a win win. They get the funding they need AND save money on their processing.
If you have any other questions, give me a call. I'm happy to explain the process in more detail.
Thank you.
Rean Morse
Merchant Cash Group
rean@merchantcashgroup.com
866.610.6569 ext 47
5745 SW 75th Street, Suite 110
Gainesville, FL 32608
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05-18-2020, 07:29 PM #4
Reputation points: 203054
- Join Date
- Jan 2014
- Posts
- 1,360
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05-19-2020, 11:05 AM #5
Reputation points: 12
- Join Date
- Jun 2015
- Posts
- 44
If the ISO wants to board the merchant, they'll get the sign up bonuses and residuals. We're not particular about who does it. I encourage our ISOs and agents to sign up with any of our partners and add that to their arsenal of offers for their merchants. We're not looking to pad a processing portfolio. We want to fund deals.
Rean Morse
Merchant Cash Group
rean@merchantcashgroup.com
866.610.6569 ext 47
5745 SW 75th Street, Suite 110
Gainesville, FL 32608
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05-29-2020, 02:41 AM #6
Reputation points: 2271
- Join Date
- Dec 2017
- Posts
- 153
True statement I’ve done deals with Rean , they encourage you to board merchant.
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