Funders, what makes ISO's great?
Need a Funder or Vendor? START HERE

Results 1 to 25 of 68

Hybrid View

  1. #1
    Senior Member Reputation points: 305250
    Join Date
    Jun 2015
    Posts
    3,318

    Quote Originally Posted by TheUnderwritingProdigy View Post
    Origination fees are standard for 99% of funders, so it wouldn't make sense to be the only one not charging one. Most "good" ISO Shops that don't suck and submit trash don't charge PSF's.
    so basically you believe that the guideline of what is called greedy is based on what is standard ?

  2. #2
    Quote Originally Posted by Michael I View Post
    so basically you believe that the guideline of what is called greedy is based on what is standard ?
    The fact that the merchant's generally always get pissed once the PSF hits from the ISO. If you want to **** up the renewal game by taking another 5-10% PSF, you're doing it wrong.

  3. #3
    Senior Member Reputation points: 305250
    Join Date
    Jun 2015
    Posts
    3,318

    Quote Originally Posted by TheUnderwritingProdigy View Post
    The fact that the merchant's generally always get pissed once the PSF hits from the ISO. If you want to **** up the renewal game by taking another 5-10% PSF, you're doing it wrong.
    if what you are saying is that merchant always need to be aware that i 100% agree but that is not a greedy issue . Merchants get upset about all parts of the loan, the term the rate and then getting the docs and seeing that they are not even getting the whole amount.
    My question to you is what is the guidelines of greedy ?

Similar Threads

  1. ISOs, what makes funders great?
    By sudermatt in forum Merchant Cash Advance
    Replies: 32
    Last Post: 02-10-2021, 04:58 PM
  2. Queen funding-great funders
    By nateteabs in forum Deal Bin
    Replies: 8
    Last Post: 03-13-2018, 01:22 PM
  3. Replies: 8
    Last Post: 01-22-2017, 11:42 PM
  4. Replies: 5
    Last Post: 09-06-2016, 04:52 PM
  5. Replies: 10
    Last Post: 08-30-2016, 01:27 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Cloudsquare: 14 new lender APIs
FundKite survey finds 77%
Ocrolus / Dragin partner


DIRECTORY