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03-05-2015, 02:29 PM #1
All this tough lawyer talk....someone needs to bring these new, unproven, and small ISO's back down to earth and reality. If you are a small shop, or an unproven entity, the contract is what it is. You don't like it? Don't fund there. They aren't going to amend any ISO agreement for an unproven entity, or a small shop that is only going to send in 2-5 deals a month.
Build up a portfolio, or even a name for yourself as a reliable ISO that has deal flow....THEN you have some clout to bring to the bargaining table. Otherwise, don't waste everyone's (including your own) time.
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