How do you ACH broker fees?
Need a Funder or Vendor? START HERE

Results 1 to 25 of 78

Hybrid View

  1. #1
    Senior Member Reputation points: 99426
    Join Date
    Sep 2012
    Location
    New York, NY
    Posts
    1,780

    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.

  2. #2
    Senior Member Reputation points: 10944
    Join Date
    Oct 2013
    Location
    New York, NY
    Posts
    1,203

    Quote Originally Posted by MCNetwork View Post
    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.
    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.

Similar Threads

  1. Earn large fees with construction factoring
    By bdshaw in forum Financial Services
    Replies: 0
    Last Post: 07-20-2015, 12:37 PM
  2. Replies: 5
    Last Post: 07-07-2015, 06:56 PM
  3. 12 Months...1.18....No Fees
    By thudson in forum Promotions
    Replies: 0
    Last Post: 04-30-2015, 11:12 AM
  4. Yellowstone and Pearl ......Orig Fees
    By Jstarr in forum Merchant Cash Advance
    Replies: 26
    Last Post: 12-02-2014, 11:32 PM
  5. Equipment Leasing from $25,000 we pay large referral fees
    By sjordan96 in forum All Other Lending
    Replies: 1
    Last Post: 02-27-2014, 12:07 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY