Alternative Term Loans and Revolving Credit Cards for established and start ups
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  1. #1
    Senior Member Reputation points: 24
    Join Date
    Jan 2019
    Posts
    117

    PFG Jacob. I think what Steve was saying is that you should include in your post what the standard commission to the broker commission is, and if there is a chance to add points in your post. That will encourage brokers to call you.

  2. #2
    Member Reputation points: 10
    Join Date
    Feb 2023
    Location
    West Dundee, IL
    Posts
    14

    K Lion- Thanks for the clarification! Starting point of relations we pay out 2.5% of the total amount funded rather than of the lending fee's like with MCA lending. As an example if a referral client of yours were to obtain 100k through our programs, you would receive 2,500 for them simply just filling out your custom link we create you.

    I've heard many times that the commissions are super low but in reality that's just not true. The commission payouts are lower than most MCA's only due to the fact that the clients are paying a lot more to the MCA lenders with the high rates + fees which allows them to then pay more since they are receiving much more.

    I hope that clarifies the better for the questions asked. If anyone has anymore questions, I'm generally very available to take your calls so feel free to reach out.

    Jacob Bassett
    (815)762-8105
    Jacob@preferredfundinggroup.com
    Preferredfundinggroup.com
    109 W Main St. West Dundee, IL

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