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01-25-2014, 12:22 PM #1
Reputation points: 10
- Join Date
- Jan 2014
- Posts
- 4
Gentlemen,
Need to throw a question at all or anyone of you.
To have some clarity on why I am asking, a brief background. Retired after more years then I rather remember in sales/financials (financial district NYC). Short story, October 29th 2012 was a turning point in my life. For those who knew, Sandy's wrath dictated it's own verdict as to many people's destiny. Forced back out of retirement and drawn into the cash advance industry.
Here's the deal. Representing as a broker a fairly large ISO. In a nutshell, not satisfied. Ratio's suck.
Question: What presently are the largest points (percentage) given an ISO from the Lender. Which Lenders? and lastly, The largest known commission % on the house markup, (cost of fund) broker can earn?
Appreciate a straightforward answer. Seeking to go independent in my own office and it is absolutely critical constructing the ideal vertical.
Much appreciation in advance. Can't afford to lose one dollar. Lost enough.Last edited by UCCBS; 01-25-2014 at 12:29 PM.
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