Not only is the terms they close them on the problem, but the funded amount as well.

We send them a deal, they funded him 20k (merchant net 12k after the fee, we got paid on 12k) and we had no knowledge of it.
1) made us look bad to the merchant when we were surprised they were funded
2) we had a higher approval from another company (with double the commish) which was taken off the table because they just got funded

We didn't get a chance to even pitch the better offer. Just complete BS if you ask me.