[excelcap]

Hello All -

Merchant source is a pretty big iso that funds heavy with LENDR and Libertas (hope yall are reading this) loves to triple fund and junk your files. We funded a good amount with them however we just got a file call us back for reduced payments after we checked the statements to try and work with the client it comes to light that not only did they triple fund 3 first positions on the same day they also felt it was appropriate to junk 5% across the board on all deals.

If any funder is funding with them (i am sure a lot are ) I would really reconsider your relationship with them.

Greedy iso's strike again. This industry needs to clean up and take out the trash before all funders will go direct and eliminate the need for isos completely.