Results 1 to 25 of 58
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09-24-2013, 10:32 AM #1
- Join Date
- Aug 2013
- Posts
- 196
Same Commissions on Renewals?
You work hard to get new business in the door and send them to lenders you trust in order to ensure your clients are well taken care of and, the obvious, to get paid what you deserve on the deal.
What's frustrating is that most lenders, if not all lenders, are penalizing you for our hard work in bringing them new business by chopping your renewal commission down to 50% and in some cases as little as no commissions.
MFS Global, Inc offers a competitive "name your commission" schedule, paying the same commission on renewals no matter how many times the client renews.
This cuts out the headache of shopping for another lender for your client and the peace of mind knowing that you will still get paid WHAT YOU DESERVE on the deal.
Contact us TODAY for more details on our products and additional ISO "perks" such as;
- Free Press 1 dialer campaigns
- 100% syndication on every deal submitted paying you upfront commissions so that you can also pay your reps without having to dig into your own pockets
- MFS Rewards Loyalty programs for your clients
MFS Global, Inc
isosupport@mfsglobal.com
www.mfsglobal.com
702-473-1145
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09-24-2013, 11:09 AM #2
- Join Date
- Jun 2013
- Posts
- 351
Instead of spamming this board over and over again. Why don't you buy an ad?
I don't even understand what this sentence means and I'm pretty sure the person that wrote it doesn't either.
Instead of throwing out statements of what certain funding companies do or don't do, why don't you tell people who you are, what your background is, what makes you so different, where your capital comes from, what are your funding ranges, what are your rates.
I see a good 5-10 different companies on this site that pay money for exposure and some of those folks engage the board as well in a meaningful matter. I cant imagine anyone falls for this crap
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09-24-2013, 12:34 PM #3
- Join Date
- Aug 2013
- Posts
- 196
What this post means: Quote Originally Posted by mfs01 View Post
- 100% syndication on every deal submitted paying you upfront commissions so that you can also pay your reps without having to dig into your own pockets
Is simply that we will subtract your commissions from the total payback amount and give it to you up front so that you can have funds to pay out your sales reps and other upfront expenses instead of having to wait for it.
We are a direct funding company, not affiliated with any other funding companies in the industry.
ISOsupport@mfsglobal.com
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09-24-2013, 01:21 PM #4
I don't get it. Everybody pays commission upfront. Nobody waits for it. Deal funds, you get paid.
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09-24-2013, 01:31 PM #5
- Join Date
- Aug 2013
- Posts
- 196
Not on the amount that you are syndicating. In other words we will pay you up front commissions on the amount that you are syndicating and not make you wait for the merchant to pay you back.
And not everyone pays full commissions up front. Some companies, as I understand it, pay in increments as the merchants pays it back.
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09-24-2013, 01:39 PM #6
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09-24-2013, 01:42 PM #7
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09-24-2013, 01:43 PM #8
- Join Date
- Jun 2013
- Posts
- 351
So if you are a direct funder, with access to tons of money, why don't you advertise instead of trying to hijack a public forum. All you are doing is making yourself look less credible and less like a company I would want to trust with my deals. Yellowstone self advertises on here all the time, but at least they pay for ad space. I have no affiliation with this site whatsoever and still wouldn't think of doing something so low-brow.
The fact of the matter is, if you are a new funding company entering the space, unless you bring something to the table which no one else does, you are useless. WHAT DO YOU BRING TO THE TABLE? There are plenty of funding companies that pay full renewals and wont steal your deals.
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09-24-2013, 01:44 PM #9
Just had that same conversation with someone in my office this morning.
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09-24-2013, 02:37 PM #10
Companies (MFS Global, Inc) advertising themselves as "direct funders" also need to put more money into their websites. My website isn't the best but I am also not trying to get ISO's to trust me with their deals.
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09-24-2013, 02:41 PM #11
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
I have no problem with funders giving me a smaller cut on renewal because they are doing all the work. I know of no one who pays 0 on renewals. So you obviously do not know this industry that well.
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09-24-2013, 02:48 PM #12
- Join Date
- Aug 2013
- Posts
- 196
Sean, I am saying that you will receive your commissions upfront on the full amount advanced no matter how much you syndicate.
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09-24-2013, 02:49 PM #13
- Join Date
- Aug 2013
- Posts
- 196
Skideeppow - Thanks for clearing that up for me. I am hearing different things from all different ISOs.
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09-24-2013, 02:50 PM #14
- Join Date
- Aug 2013
- Posts
- 196
MFS Global has been around for 4 years.
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09-24-2013, 02:50 PM #15
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
The MFS Global website looks like it cost $50 tops It only has one page and has typos lol
Last edited by MCNetwork; 09-24-2013 at 02:53 PM.
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09-24-2013, 03:12 PM #16
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09-24-2013, 03:16 PM #17
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09-24-2013, 03:23 PM #18
- Join Date
- Aug 2013
- Posts
- 196
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09-24-2013, 03:24 PM #19
- Join Date
- Aug 2013
- Posts
- 196
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09-24-2013, 03:28 PM #20
- Join Date
- Jun 2013
- Posts
- 351
This just keeps getting better. I'd hate to be your receptionist right now, the phone lines must be flooded with agents trying to sign up.
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09-24-2013, 03:43 PM #21
- Join Date
- Dec 2012
- Posts
- 116
I'll send you some deals. Your economics make no sense.
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09-24-2013, 07:00 PM #22
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09-24-2013, 07:01 PM #23
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09-25-2013, 10:00 AM #24
- Join Date
- Aug 2013
- Posts
- 196
Happy Wed. everyone
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09-25-2013, 10:36 AM #25
- Join Date
- Aug 2013
- Posts
- 196
Feel free to email me at isosupport@mfsglobal.com
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