[silversteind]

if one wanted to start a successful ISO seems like there needs to be alot of capital behind it.

are there people out there who invest in ISO operations?

seems like a safer investment than the actual merchant cash advance paper. upfront commission and than after certain time frame default risk is irrelevant.

so do people do this?

[silversteind]

also a well funded iso seems like it has a much better chance of succeeding than a one man shop with just personal capital. do people ever group together under one roof? would make large marketing budgets more attainable and therefore improve the success of the iso

[anonymous]

All you need is a telephone. They're pretty cheap now.

[ridextreme]

a kitchen table, a phone, and the yellow pages. How much capital would that cost?

[Funder Mark]

Check this out, its an email I got from a company called Business Union Financial:

Yes we are investing in our Brokers! How? Fund through Business Union Financial and get FREE LEADS, FREE CRM, even access to Capital so you can fund deals your self! Please call me for more information on our ISO Investment Program. Submit your deals today at: submissions@bufinancial.com and don't forget to send completed Broker Agreements to brokers@bufinancial.com.

As always please contact us for any additional information or assistance that we can provide.

Jeff Hodge
ISO Development
Business Union Financial
Phone: 517-618-1179
jeff@bufinancial.com
www.bufinancial.com

[HFS]

With a positive syndication record all you have to do is raise your hand.

[mcaguru]

if one wanted to start a successful ISO seems like there needs to be alot of capital behind it.

are there people out there who invest in ISO operations?

seems like a safer investment than the actual merchant cash advance paper. upfront commission and than after certain time frame default risk is irrelevant.

so do people do this?

I would take a look at your ISO? are you looking for capital? I dont think it would make sense if you were not funding 1M+ a month.
The model in credit card processing was to buyout smaller ISO's or invest for small stake to secure production. in fact there was a time Concord EFS(now first data) and IPayment(Nashville) was buying an ISO almost every weeks!

[ridextreme]

are there people out there who invest in ISO operations?

if your credit is good I'll give you 10K 1.48 6 month loan w/5% closing fees

[ridextreme]

if your credit is good I'll give you 10K 1.48 6 month loan w/5% closing fees

OP, I rec'd your PM's accepting the offer I'm sorry but underwriting said no.

i would be interested when do you have time to discuss?