Results 1 to 8 of 8
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09-01-2021, 07:37 PM #1
- Join Date
- Jun 2019
- Posts
- 59
Stacking ?
Question for all my funders out there.
How do you guys go by if an ISO stacks you and the deal goes bad but the ISO sends a lot of business?
FYI this is just a friendly question. Please don't start your war **** of comments on this thread.
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09-01-2021, 07:46 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,950
How many additional deals will go bad? What is your appetite for losses?
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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09-01-2021, 10:34 PM #3
- Join Date
- Jun 2020
- Posts
- 34
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09-02-2021, 10:56 AM #4
- Join Date
- Apr 2018
- Posts
- 178
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09-07-2021, 01:54 PM #5
- Join Date
- Dec 2016
- Posts
- 379
I'll cut the ISO off immediately if I find that they stack me like that. Anything under a week is unacceptable.
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09-07-2021, 03:01 PM #6
- Join Date
- Feb 2018
- Posts
- 1,349
Merchant's are applying for addtl funding behind first position funder's all the time. There is noway to stop this. If the original broker gets a call fr merchant and they don't offer this, the merchant will just go to the web to seek it out. If a merchant has a need, they have a need. In terms of ISos stacking your deal, if it defaults, certainly, that could be a cause of action to terminate an ISO, otherwise, the layering is just part of this business
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09-07-2021, 03:16 PM #7
- Join Date
- Dec 2016
- Posts
- 379
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09-08-2021, 12:22 PM #8
- Join Date
- Apr 2019
- Posts
- 41
I'm looking for aggressive construction MCA lenders
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