What is ethical?
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  1. #1
    Senior Member Reputation points: 54989
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    Quote Originally Posted by Chambo View Post
    First off, you are a funder (Lord knows you were NEVER a salesman!), so different set of rules apply to you.

    But,...as a salesman, if you have multiple offers across a spectrum of factor rates, stips etc,....I have always found that sending the merchant both the BEST offer, and then the EASIEST offer (fewest stips) and letting them decide works best. Merchants don't want to feel bamboozled. IF you are giving them mo0re of a say in the process (not just "here's the money, take it or leave it") , you build up a trust in the merchant (that you are not out to just gauge them) and the merchant feels more in control.

    Not to mention, you come across as someone who actually knows the marketplace and what they are doing, as compared to a one-trick pony hawking your in house product.
    I always said when they open the MCA Hall of Fame your statue will be right there with the other machers!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  2. #2
    The ethical rep would be the one that would NOT answer that question

    It's a loaded question

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