[ryan $]

I din't argue the breaking the contract because i do give 2nd's even though I do see some merit to that argument. I am arguing that a business can only handle a certain % of their sales going to pay back a loan and giving a business a 4th or 5th position that takes the gross holdback way above what any business can handle is wrong.

In most cases where you see 8 lenders in a deal, you may see 8 advances, yet still be under your % of what you see is fair...... this is because of issues with the deal.

[ryan $]

In most cases where you see 8 lenders in a deal, you may see 8 advances, yet still be under your % of what you see is fair...... this is because of issues with the deal.

In other deals, merchants lose control and make poor decisions.

[TheUnderwritingProdigy]

In other deals, merchants lose control and make poor decisions.

Yes, which is why ISO's shouldn't push more positions so that they can take money from Peter to pay Paul, and then find themselves with even greater daily payments, which results in them having to take an additional advance, and then another one, and another one... having a merchant go belly up means every funder gets screwed, and ISO's lose out on residual commission from renewals.