Large Broker Shops
Need a Funder or Vendor? START HERE

Results 1 to 25 of 44

Hybrid View

  1. #1
    Senior Member Reputation points: 8656
    Join Date
    May 2015
    Location
    NYC
    Posts
    197

    Thousands easily, but in decline.

    It always goes back to how easy it is to start in this industry. All you need is the generic "~ Business Funding" name, website, fax, and bank account.

    Most of these shops probably fall into the category of an owner with the mindset of:

    "I have several years of experience, so I'm going to quit and open my own shop because why should I only get 30% commission?"

    But you also have the stock brokers, bankers, credit card processing, SEO centers, giant call centers, etc.
    Tommy Stein

  2. #2
    Quote Originally Posted by TStein View Post
    Thousands easily, but in decline.

    It always goes back to how easy it is to start in this industry. All you need is the generic "~ Business Funding" name, website, fax, and bank account.

    Most of these shops probably fall into the category of an owner with the mindset of:

    "I have several years of experience, so I'm going to quit and open my own shop because why should I only get 30% commission?"

    But you also have the stock brokers, bankers, credit card processing, SEO centers, giant call centers, etc.
    It just seems as though this industry doesn't have a real understandable participant base. It's so widespread and volatile. I mean if I wanted to calculate the total addressable market I wouldn't even know where to begin looking to assess the top 30 companies in this space. I would just have to rely on figures generated by large R&D firms.

  3. #3
    Senior Member Reputation points: 2165
    Join Date
    Sep 2015
    Location
    Miami, Fl
    Posts
    148

    Quote Originally Posted by Triton View Post
    It just seems as though this industry doesn't have a real understandable participant base. It's so widespread and volatile. I mean if I wanted to calculate the total addressable market I wouldn't even know where to begin looking to assess the top 30 companies in this space. I would just have to rely on figures generated by large R&D firms.
    I think that would be the intention of the larger shops. Why put out data/information for your competition to use? If you have something that works better than the majority of the competition, why would you want them to join your ranks?

  4. #4
    Quote Originally Posted by bsmith View Post
    I think that would be the intention of the larger shops. Why put out data/information for your competition to use? If you have something that works better than the majority of the competition, why would you want them to join your ranks?
    Frustrating nonetheless.

Similar Threads

  1. Hard to find ISO shops with on the internet...
    By TheShitzuofMCA in forum Merchant Cash Advance
    Replies: 13
    Last Post: 01-18-2016, 12:08 PM
  2. shops in dallas tx
    By akimsmith in forum Promotions
    Replies: 0
    Last Post: 05-19-2015, 05:34 AM
  3. Replies: 1
    Last Post: 05-11-2015, 10:53 AM
  4. so which are the best ISO shops...?
    By Speedfire1 in forum Merchant Cash Advance
    Replies: 11
    Last Post: 04-01-2015, 07:49 PM
  5. Replies: 5
    Last Post: 06-06-2014, 09:35 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