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01-30-2015, 11:43 PM #26
Reputation points: 107
- Join Date
- Dec 2014
- Posts
- 7
I totally agree with you Kingsley. This guy obviously doesn't know the business. I actually had a deal I tried sending direct(not naming any companies) and I couldn't get it done. Then I made some contacts and learned the business better and got it done through a large ISO through the company I went too! They got it done because they put their own money into deals so the lenders feel more comfortable with that they risk there money as well and also the relationship. So even if a large ISO syndicated with a funding company (ex. 100k deal,ISO does 50k) then they are a FUNDER just as well. I know if I funded someone money then that would make me a FUNDER obviously because I used my own money. So the point is a large ISO is a LENDER!!!, obviously because they syndicate with their own money. Point is money talks. So if these large ISOs use their own money and take their own risks then bottom line is they get things done period!!!!!
Last edited by MCAFinance; 01-30-2015 at 11:57 PM.
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