Looking for ISO partnerships
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  1. #1

    Looking for ISO partnerships

    We are a direct lender, in business for 7 years. Looking to partner up with ISO's to submit deals to see how we can help you and your merchants. I look forward to building a working relationship that benefits both parties. We pride ourselves on being available at all times for our ISO’s and doing everything we can for us to both prosper. Please contact me @ Leanne@discountmerchantfunding.com

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    what does your company bring to the table, that we all haven't seen five times over already? what makes you stand out?

  3. #3
    What makes DMF stand out is that we offer add-ons as opposed to renewals, which allows the merchant to have 2 separate contracts rather than making them pay off existing advance...

    What you can expect from Discount Merchant Funding:

    -Approvals within 3 to 24 hours
    -Same day or next day funding in most cases
    -Commissions paid upon funding
    -Deal term 12 month or as short as 3 1/2 months
    -Full commissions paid on renewals
    -Ability for your merchant to get add on financing instead of renewals saving the merchant thousands of dollars
    -Ability to syndicate on your deals

    To qualify, deals need to have:

    -Minimum $15,000.00 average in deposits.
    -Less than five Nsf days per month (Ach deals).
    -No more than one existing cash advance outstanding
    -No defaults on prior advances
    -Cannot be both Sole Prop & Home Based
    -Over 500 Fico

  4. #4
    Veteran Reputation points: 135672 Chambo's Avatar
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    so far, nothing new. Get all that with both SNAP and TBB. what do you pay for commissions?

  5. #5
    =/
    up to 12 points on a floating scale - whatever you choose to add on to the buy rate

  6. #6
    try us out - the proof is in the pudding =)

  7. #7
    jotucker1983
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    There's a flood of "me too" lenders coming into the market every month it seems lol. It would be great to see someone with a lot of venture backed capital actually provide a product that's "different".

  8. #8
    Senior Member Reputation points: 16735
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    DMF is a Barry Scharf / Bobby Keon shop I believe

  9. #9
    Yes it is/Bobby Keon is the President
    Last edited by Leanne777; 08-25-2015 at 04:40 PM.

  10. #10
    Senior Member Reputation points: 3824
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    Looking for ISO partnerships

    DMF is one of the best companies to work with. Totally transparent throughout the funding process. I highly recommend them to anybody.

  11. #11
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by channin19 View Post
    DMF is a Barry Scharf / Bobby Keon shop I believe
    as in...Bankrupt Bankcard Funding?

  12. #12
    Senior Member Reputation points: 16735
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    Quote Originally Posted by Chambo View Post
    as in...Bankrupt Bankcard Funding?
    Zing.

  13. #13
    definitely not bankrupt.. don't know where you got your info from but deff false =/

  14. #14
    Veteran Reputation points: 135672 Chambo's Avatar
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    Bankcard Funding didn't file bankruptcy? Is that what you are saying?

  15. #15

  16. #16
    I don't work for Bank Card - I work for DMF

  17. #17
    That's not what Chambo asked.....Just probably a good idea to have your ducks in a row before you post looking for biz.
    This board will chew you up...Not trying to mean...just some advise...

  18. #18
    Thanks didn't mean to start a war lol
    Not looking to get attacked honestly. Just wanted to see if we could get some potential ISOs on board with my company

  19. #19
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Bankcard Funding survived the bankruptcy it filed 3 years ago and has been operating ever since. They recently rebranded to Partners Funding about a month ago or so however: http://partnersfunding.com/

  20. #20
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    Quote Originally Posted by jotucker1983 View Post
    There's a flood of "me too" lenders coming into the market every month it seems lol. It would be great to see someone with a lot of venture backed capital actually provide a product that's "different".
    Yeah, no more daily payments please. Someone actually hang 'em out there and go monthly at 36 on the 700+ FICOs, revs north of 1 million, and TIB >5 years. Anyone....anyone??

  21. #21
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    DMF Group are good people with a lot of integrity!

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