[Gables Capital Group]

(Complete nube here, to the forum, to the alternative-lending industry, and to finance in general. Just got set up and started mktg)

Q: Do you volunteer your commission? Wait for them to ask?

Some ISO agreements require you to disclose it. When do you do it, and what do you say?

Thanks in advance

Lets see...Never and also never. FOH

[Daily Fun]

Lets see...Never and also never. FOH

Thanks man

I'm glad it never comes up. If it did, I was going to say "I don't charge you anything. Instead the lenders pay me out of their overall corporate profits—not out of your money." Which is true: even if that merchant defaults after 2 or 3 months, I still got paid, based on the clawback provision in the ISO agreement.

Others suggest I charge a PSF on top of the commission, which is an idea I may incorporate in the future. Keeping it simple for now.

Should I ask what FOH is?

[Franklin]

FOH, the way Gables worded it, means Fond of Heart, as he appreciates your thoughtfulness in looking to him and his compadres for wisdom.