Results 1 to 12 of 12
Threaded View
-
01-15-2015, 02:17 PM #8
- Join Date
- Apr 2013
- Location
- NY
- Posts
- 203
Im with you on this one. Terrible process from our point of view. They claim because they are a licensed lender, they need to take the app over the phone with the merchant, so as an ISO we send them a signed app, then they call the merchant retake app and make the offer directly to the merchant. And wont directly tell the ISO what rate the merchant was approved for (they will tell us but in a roundabout way) Explanation doesn't add up to me, there are plenty of other direct lenders that accept ISO apps and issue the approvals directly to the ISO. We would do much more business with them if they would improve the process
Similar Threads
-
Car Broker/Auto Sales
By skideeppow in forum Merchant Cash AdvanceReplies: 7Last Post: 02-16-2015, 12:58 PM -
Auto, Truck, and Trailer sales Merchant needs a home
By AlexSMF in forum Deal BinReplies: 6Last Post: 01-13-2015, 03:39 PM -
Auto Sales and Rental?
By fundgorilla in forum Deal BinReplies: 5Last Post: 12-30-2014, 02:45 PM -
Auto Sales on your restricted list?
By fundgorilla in forum Merchant Cash AdvanceReplies: 6Last Post: 10-20-2014, 10:01 AM -
What Lenders are Funding Auto Sales (New/Used)?
By GMFunding in forum Deal BinReplies: 3Last Post: 08-20-2014, 04:19 PM