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  1. #1
    Appreciate your prompt reply. Your spread example. You are applying that to the total (principle) minus the costs? Yes, that is the impression in so far as how each ISO calculates the broker side commission. Should be a universal denominator. Presently in touch with a ISO (has 140 brokers under) offering a scale up from 60 to 70%. My understanding at this point is that is applied to the markup, (price). You originate and work your own leads in that scenario. Lenders? Jeeze so many. Honestly I am not familiar with SNAP.
    AFS
    BFS
    VCE Enterprises
    Capital Access Network (New Logic/Advance Me)
    Capital for Merchants
    Merchant Financial Corp.
    On Deck
    Yellowstone
    Rapid
    1st Merchant
    Strategic
    WGF
    Fora
    Happy Rock
    Snap
    Pearl
    IOU Central
    Platinum Rapid
    Many more

    Thanks for your help.

    PS. If you need it there is a lender who gave a pitch last week: 1.29 10 months 650 fico. 8 points to the house
    Last edited by UCCBS; 01-25-2014 at 07:04 PM.

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