Quote Originally Posted by Olderguy View Post
PFS should be against the law.
Steve, are you advocating all fee agreements to be against the law? Why can't business owners make their own decisions? Does Big Brother have to look after every transaction? Whenever I finance a deal that the bank doesn't pay me, I have to get a fee agreement in place, otherwise it's not worth my time. Yes, the SBA outlaws it, so I don't do it there. However, my skill, which translates into value, as a broker is to know how to do these complicated things, why should I be able to get paid? Just because the lender also pays?