Results 1 to 11 of 11
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09-30-2015, 06:09 PM #1
- Join Date
- Mar 2013
- Location
- Miami
- Posts
- 28
Highest Commissions in the Industry?
I believe this might be the highest in the industry for a funder that accepts almost all industry types and funds merchants with credit as low as 501 FICO.
4QPromo.jpg
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09-30-2015, 06:12 PM #2
MCC will let you upsell 14 or 15 I know they are definitely up there but the 13 from everest is definitely up there
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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09-30-2015, 06:15 PM #3
- Join Date
- Aug 2014
- Posts
- 194
Highest Commissions in the Industry?
17 points from sfs takes the cake for me
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09-30-2015, 06:36 PM #4
- Join Date
- Jun 2015
- Posts
- 3,326
There are lenders that offer 20 points . Welcome to 2015
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09-30-2015, 06:40 PM #5
yeah but are they going out 12-15 months?? I have seen commissions like that on some shorter stuff. If you can get anything over 12 points on deals 10 months or longer you are doing good.. that is 12+ points before any closing cost or fees
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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09-30-2015, 06:49 PM #6
- Join Date
- Mar 2013
- Location
- Miami
- Posts
- 28
Yes, but the how many of the A+ deals do you have that can earn the 17 from SFS? I bet you have a lot more B and C quality deals that Everest will fund for you and pay you 13%.
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09-30-2015, 06:53 PM #7
- Join Date
- Mar 2013
- Location
- Miami
- Posts
- 28
Yes, MCC will let you upsell that many points, but realistically how many of the kind of merchants you can get funded at MCC will let you sell the deal that high? The majority of B and C quality deals that you get can be funded at Everest, and they will pay 13% with a deal priced at 1.40 and you can still upsell the rate from there.
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09-30-2015, 07:15 PM #8
- Join Date
- Jun 2015
- Posts
- 3,326
Just want to clarify that my comment was to those quoting sfs and mcc. For what Everest funds they are probably the best commission with the most reasonable extra fees they charge .(not the factor)
Keep up the good work Lewis
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09-30-2015, 08:29 PM #9
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Highest Commissions in the Industry?
Millennium Funding pays the highest commissions in the Factoring industry, up to 25%
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10-01-2015, 11:14 AM #10
- Join Date
- Jan 2014
- Posts
- 1,380
sent you a pm
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10-01-2015, 08:46 PM #11
- Join Date
- Jun 2015
- Posts
- 14
I remember when I started at 2nd Source in 06 we were making 1% on the payback. It's crazy how things have changed. It may have gotten more crowded but you can make way more money than before.
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