[abfunders]

It depends on the time and effort put into the file. If you are getting the merchant a collateral loan (WBL) you should pull a fee because a deal like that takes some time to fund, and also the stipulations that are required. As stated above, if you are making a decent amount on the file, there should be no need to pull a PSF Fee.

Lender's these days are making the funding effortless by doing more homework on the merchant on the backend.

"SHOULD" pull a PSF?
49-52% on a year term with 3 months of prepaid interest already held back on their newer products, and you "SHOULD" pull a PSF on top of the 5 points that was paid?
Just to let you know, if you pull a real PSF from the merchant, it's against WBL's ISO agreement. You can send them a bill afterwards if you want, but never is it "SHOULD"

[DTFdowntofund]

"SHOULD" pull a PSF?
49-52% on a year term with 3 months of prepaid interest already held back on their newer products, and you "SHOULD" pull a PSF on top of the 5 points that was paid?
Just to let you know, if you pull a real PSF from the merchant, it's against WBL's ISO agreement. You can send them a bill afterwards if you want, but never is it "SHOULD"

This is like trying to slip a PSF form somewhere in the mix during a Funding Circle or LoanMe deal...lol. You have to understand your lender list and where you can afford some maneuverability and where you can't.

ie -I know I am sacrificing a higher payout in comms with Fundation but I am going to get a lower rate which happens to be what that deal specifically needs to close. This kind of falls back on whoever is allocating the deals, they should know where to place deals to maximize the approval + allow for the biggest commission as a result. Successful retail shops are organized and notate these things to be able to ferry subs over quickly with the right guidelines. Also helps tremendously if you have someone with at least a mediocre underwriting ability to scrub the docs once you get a full package to better appropriate the deals. The better they're placed the more likely you are to get an offer that makes sense,.. fund, and be skipping all the way to the bank hoping they don't clawback your ish. lol, I'm just kidding.

[abfunders]

This is like trying to slip a PSF form somewhere in the mix during a Funding Circle or LoanMe deal...lol. You have to understand your lender list and where you can afford some maneuverability and where you can't.

I didn't say it was the right thing, I just said that you could in order to skittle around breaking the ISO agreement. I've personally never done it. Any time I've added fees paid by the client, I did it up-front before sending to the lender and connecting the two and the lender paid me out. And never at all with an MCA.