Results 1 to 5 of 5
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12-31-2014, 02:35 PM #1
- Join Date
- Aug 2014
- Location
- United States
- Posts
- 31
Commission Rates
Hello All..
I have a simple question. Were in the lead business, and i want to make sure im able to help our Lenders / Brokers make a profit...but i cant seem to get real / true numbers to do so.
My question is...whats the average commission for a Lender OR Broker on a $10,000 MCA? Please...just an average.
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12-31-2014, 02:40 PM #2
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Average... Depends. Some lenders have a fixed rate of anywhere from 5% to 10% on smaller files. If you have a buy rate- it can be much more.
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01-02-2015, 09:20 AM #3
- Join Date
- May 2014
- Posts
- 317
Depends on term, factor rate, and if the paper is A,B,C,D,.......
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01-02-2015, 09:29 AM #4
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
A tier lenders generally offer up to 12 points in buy rate programs, B tier lenders usually pay somewhere in the 7-10 range (funded amount). A few oddballs will pay 7-9 points on the payback and the stack guys pay 5-10 points on the funded amount.
*This isn't a definitive list as it's also very dependent on portfolio performance with that particular lender also some companies offer a residual pay scale as well.Last edited by GMFunding; 01-02-2015 at 09:32 AM.
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01-06-2015, 08:06 PM #5
You should look at the renewal payouts as well not just the initial deal. The economics are about repeat business commissions not how much you can get one time. Read those schedule As
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