[MissMCA]

This is squeezing out the mom and pop ISOs who are not capitalized well enough to participate. A wave of industry consolidation has already started.

That's why companies like The Factor Exchange exist. The "mom and pop" ISOs and "Onesy-Twosey" brokers are backed by one giant ISO network and The Factor Exchange assumes half of the risk by syndicating 50% on nearly ever deal...
The massive volume of FEX submissions to lenders gives the ISOs power to negotiate for better rates and terms, One point of submission reaches 15+ lenders, the merchants credit is only pulled once, and the commission is passed straight through to the ISOs because FEX makes their money from participation.
Companies like this empower the smaller brokerages...