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11-10-2015, 03:34 PM #1
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I have nothing against selling fees. If you have the ability to do it with the merchant's full consent and blessing, more power to you. Just make sure that the lenders you work with don't have a problem with it, otherwise you jeopardize losing the ISO relationship. Fees are pure profit to a broker/funder, and it would be silly to cut off this revenue stream entirely.
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11-10-2015, 03:41 PM #2
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And that's fair, but would you also agree that the fee's have gotten a little out of hand. I mean at thins point (at time of funding) the money is already expensive enough, why hurt the merchant even more and potentially set up a deal for default? I just don't see that as necessary, but again I can see how they can be very enticing.
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