Quote Originally Posted by Sachip24 View Post
so you got a client invoice factoring. Why would a broker go through another broker to get their client invoice factoring if they can just sign up with a factor and go direct. Factors pay 10-15% on fees collected every month. if you are only getting 1% you are getting shafted.
Split the fee or go direct - it isn't that hard to find factoring companies.
Tight margin stuff I do all day long and split the fee.
I handle all the work and the brokers love it so they can spend their time on MCA business.