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08-04-2021, 12:55 PM #1
- Join Date
- Jan 2019
- Posts
- 139
Early Pay Discount
What is the usual commission structure to an ISO on an early pay discount?
Example:
100 days 1.49 pays 12. What is the commission if early pay ends up being 1.20?
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08-04-2021, 01:03 PM #2
- Join Date
- Nov 2018
- Posts
- 24
Still the same 12 pts... usually a funder just gives you their buy-rate at different early payment windows and your upsell is included. So a deal may have a 1.07 1-30, 1.13 31-60, etc. as the buy rate. If you add in 5 pts then the 1-30 discount becomes a 1.12 and the 31-60 becomes 1.18. Make sure you're clear with the funder if the pre-pays they give you are buy rates or sell rates. Everyone is a little different so it's probably best for you to ask the funder you have the offer with.
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08-04-2021, 01:49 PM #3
- Join Date
- Jan 2019
- Posts
- 139
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08-04-2021, 01:54 PM #4
- Join Date
- Mar 2019
- Posts
- 253
EPIC ADVANCE
Mark@epic-advance.com
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