[Adam2326]

Is this company based out of Hartford CT with CEO JAMES D? And why are ISOs running deals through a broker?

Yes SBL from Hartford, James Delices = CEO / We personally would co broker in situations where they were signed up with a boutique we weren't and could get a better deal via their relationships. For example, this deal in question we were able to get 50k paying 10pts as our best option, they got 55k paying 15% from Splash. They took 2% for co-brokering and we took 13%. We made more money working it through them, and we would reach out to Splash after the deal was done if we felt more business could be done with them directly. But if we're funding 1 or 2 deals a month with that funder there's no reason to sign up IMO