Results 1 to 3 of 3
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08-17-2022, 12:19 PM #1
- Join Date
- Mar 2021
- Posts
- 187
Bluevine
Does BV allow you to charge the merchant a PSF for setting up LOC?
TIA
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08-18-2022, 01:50 PM #2
- Join Date
- Feb 2017
- Posts
- 3,463
No
And not only that, unless you're an approved "BROKER" with them (not a referral partner) you don't get paid 3 on each renewal, just on the first funding. I think it takes a year to get approved
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08-18-2022, 05:11 PM #3
You need to also keep up to date with your client. If they take any other loans or advances they freeze the LOC.
Jonathan Kohanoff
B.R.E. #01962090
Diamond Business Loans
Beverly Hills, CA 90211
jon@diamondbl.com
www.DiamondBL.com
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