[Quickfunder]

I'm interested in hearing what you guys consider a decent average buy-rate for an ISO Agreement. From what buy-rates does your commission drop on a deal?

I was recently given an approval on a standard deal that started pretty high, and of course the lender was expecting me to down-sell and thus have my commission lowered (rather than just starting the approval at that lower & standard buy-rate initially). I've noticed it here and there but was wondering if you guys are seeing the same thing.

[MCNetwork]

If you're getting about 8% commission on a standard six month 1.38 deal that's about average among many lenders.

[CO1]

I just did a deal with a company that gives you 25% percent of the factor rate and once they funded the deal thats when they told me that it was a buy-rate; i was pissed off.

[Quickfunder]

If you're getting about 8% commission on a standard six month 1.38 deal that's about average among many lenders.

That was about my guess as well.

We're talking payback here right?

[Quickfunder]

I just did a deal with a company that gives you 25% percent of the factor rate and once they funded the deal thats when they told me that it was a buy-rate; i was pissed off.

Can you clarify this? 25% of the factor rate?

[MCNetwork]

Yes 8% of payback for MCAs is the norm but sometimes it's 6% upfront and 2% as residual. ACH loans typically pay 10-12% of the funded amount.

[Quickfunder]

Yes 8% of payback for MCAs is the norm but sometimes it's 6% upfront and 2% as residual. ACH loans typically pay 10-12% of the funded amount.

Do you get thrown any curveballs when it comes to adjusting the terms? Sometimes on a 9 mth MCA approval the buy-rate will still shoot up to an unreasonable factor (1.5) and I'm expected to cut there, too. Or even when extending from six mths.

[MCNetwork]

Yes I encounter that with AMI a lot. A six month deal will have a higher factor than an eleven month deal. Go figure!