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02-02-2022, 09:13 PM #1
Reputation points: 97075
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- Jun 2015
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Every funder steals. Some are more sloppy than others. That’s why it’s always important to charge FAT PSFs
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02-03-2022, 09:26 AM #2
That's why as Hedley (KH) would say "Know your funder/customer/lender. Know their capital." Do your due diligence on where your sending your file to fund.
A PSF is the most grey-ist aspect in this industry. Especially when you intend to double or triple fund them and charge the PSF on all the fundings. That's a douche move IMO that hurts your renewal odds. There are people that have a reasonable fee they charge, that's ok. Tell your Merchant upfront and be clear about it. Some brokers pull the "This ACH page was missing from your contract" bs after the file is funded. SMHThe Brokers Nightmare
I don't want peace, I want problems, ALWAYS!
Florida-Based
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02-03-2022, 10:18 AM #3
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02-03-2022, 11:44 AM #4
Reputation points: 1100
- Join Date
- Aug 2020
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- 105
Drew Matthew
Chief Executive Officer
Infusion Capital Group
40 wall St
28th floor #2765
New York, NY 10005
Company: 1 (718) 852-2233
Direct: 1 (917)525-9946
Email: drew@Infusioncapital.org
www.Infusioncapital.org
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