How can someone make over a million dollars in commission on funding a $1.25 million dollar loan? Let's say the factor rate is very high, at 1.65, that's $812,500 in borrowing costs that the merchant pays. Where would the one million dollar commission even come from? Is there a contract that requires the merchant to do at least three renewals at 1.65 with the same approval amount or something? And the guy gets paid an advanced commission amount of those three deals?