Last Chance Funding Suing for Clawbacks
Need a Funder or Vendor? START HERE

Results 1 to 25 of 35

Hybrid View

  1. #1
    Veteran Reputation points: 159073 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,509

    anyone who was around back in 07, 08, 09, know this is how most companies paid commissions. 6/4 - 7/3 or some other combination of upfront and residuals. Back then as a sales guy I loved the residuals that basically became your salary a set amount you could count on every month and up front commission was the bonus. It always surprised me that as stacking became more prevalent in the industry that more companies didnt try to go back to this form of commission.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  2. #2
    Senior Member Reputation points: 3418 kevin85k's Avatar
    Join Date
    Sep 2017
    Posts
    122

    Quote Originally Posted by J.Celifarco View Post
    anyone who was around back in 07, 08, 09, know this is how most companies paid commissions. 6/4 - 7/3 or some other combination of upfront and residuals. Back then as a sales guy I loved the residuals that basically became your salary a set amount you could count on every month and up front commission was the bonus. It always surprised me that as stacking became more prevalent in the industry that more companies didnt try to go back to this form of commission.
    Yeah and the brokers got paid on the Payback amount not the funded amount.

Similar Threads

  1. Last chance funding
    By Josh1810 in forum Merchant Cash Advance
    Replies: 7
    Last Post: 03-10-2021, 04:24 PM
  2. Last Chance Funding
    By Fundthis! in forum Deal Bin
    Replies: 1
    Last Post: 02-25-2021, 11:51 AM
  3. Last chance funding
    By MCAjewru in forum Merchant Cash Advance
    Replies: 18
    Last Post: 03-16-2019, 08:20 PM
  4. Second chance funding
    By MidnightAdvance in forum Promotions
    Replies: 0
    Last Post: 07-10-2018, 10:42 AM
  5. Direct Contact For Last Chance Funding
    By wallerbusiness in forum Merchant Cash Advance
    Replies: 0
    Last Post: 12-23-2016, 11:16 AM


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

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY