[Michael I]

Just curious on the double standard , why does a funder not sign a personal guarantee also ? Also check all your iso agreements you will see 90 % of them signed by the iso rep or manager not the owner. Hell half these companies we do not even know who the real owners are, just the ceo ,cfo etc.

Also i do not agree with the whole bad iso thing , just like a funder can underwrite a merchant that they are willing to give a million dollars to , they should be able to underwrite an iso . ask on a application for all iso personal info is fair , having him sign personal on an iso agreement is not unless the owner of the funding company will do the same

[BR-Nightmare]

Just curious on the double standard , why does a funder not sign a personal guarantee also ? Also check all your iso agreements you will see 90 % of them signed by the iso rep or manager not the owner. Hell half these companies we do not even know who the real owners are, just the ceo ,cfo etc.

Also i do not agree with the whole bad iso thing , just like a funder can underwrite a merchant that they are willing to give a million dollars to , they should be able to underwrite an iso . ask on a application for all iso personal info is fair , having him sign personal on an iso agreement is not unless the owner of the funding company will do the same

The funder is putting up the money for the Merchant, the funder has a majority of the risk on files, they even have to collect in the event of a breach of contract, isn't that enough? The Iso's financial risk is the clawback period while the funder is the full term.

[Michael I]

The funder is putting up the money for the Merchant, the funder has a majority of the risk on files, they even have to collect in the event of a breach of contract, isn't that enough? The Iso's financial risk is the clawback period while the funder is the full term.

Ok so put a personal also on the funder . iso spend money to bring in deals , why should they not have a guarantee that they will get commission if they fund with funder A over funder B