Results 1 to 10 of 10
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01-10-2017, 01:23 PM #1
- Join Date
- Dec 2016
- Location
- New York
- Posts
- 30
EINCAP: ISO's WANTED!!!
Below is a quick overview of the guidelines and schedule A (commission structure).
Online Application:
https://www.eincap.com/application
Online Decision Logic:
https://www.decisionlogic.com/4b3728...e-b769a389d72e
Schedule A
• Offers start at 1.39 (paying 7 points) and can be up sold up to 1.49 which pays 12 points commission (for every 2 points up sold ISO/Agent gets an additional point)
• Renewals pay - Same
EIN CAP Guidelines:
Advance Term 3-6 months
Personal Credit 500+
Advance Minimum Transactions/ Minimum Monthly Deposits Transactions: 5 per month Negative Days Less than 15 in 3 months ; or 5 a month Minimum Revenue
NSFs Less than 15 in a 3 month period
Length in business 5 months+
Policies on Bankruptcies
Policy on Liens No open bankruptcies (business or personal) No excessive State or Federal Tax Liens / Judgments, (business or personal) Must be paid, released, or subject to payment plan oIf in payment plan, it must have already started and must be current
Average Daily Ledger $750
JR Knight| ISO Relations Director | EIN Cap
——————————————————————————
Phone: 877-651-8110 Ext.125 | Direct: 917-900-1297 | Fax: 800-519-7189
Email: [email]jrknight@eincap.com| Web: http://www.eincap.com/Last edited by GAMEOFISO'S; 01-11-2017 at 03:48 PM. Reason: disclaimer was included
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01-10-2017, 03:02 PM #2
- Join Date
- Jul 2015
- Posts
- 1,202
Nice disclaimer. That takes some set of gonads to throw that around here and in emails when your goal seems to be encouraging merchants to violate other funders' contracts as well as advocating 5+ positions
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01-10-2017, 04:55 PM #3
- Join Date
- Jun 2015
- Posts
- 3,323
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01-10-2017, 04:57 PM #4
- Join Date
- Jun 2015
- Posts
- 3,323
Jr
What percentage of gross will you ach up to ?
what will you say separates you from the rest that anyone will want to send to you ?
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01-11-2017, 03:44 PM #5
- Join Date
- Dec 2016
- Location
- New York
- Posts
- 30
up to 30%
I would say that what separates us from everyone else is our niche 2-5th position offers.
We don't specialize in 1st positions.
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01-11-2017, 03:48 PM #6
- Join Date
- Dec 2016
- Location
- New York
- Posts
- 30
Just letting everyone know what we do.
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01-11-2017, 04:59 PM #7
- Join Date
- Jul 2015
- Posts
- 1,202
What exactly does a merchant "signing" your online form certify or bound them too. What is the purpose, and btw THAT is where your disclaimers should be!
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01-11-2017, 06:36 PM #8
- Join Date
- Mar 2016
- Posts
- 904
I think CFG Merchant Solutions has 2nd-5th on Lock... Nice try though.
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01-12-2017, 12:32 PM #9
- Join Date
- Dec 2016
- Location
- New York
- Posts
- 30
Online form is just to make it easier for clients to sign. We also accept pdf applications.
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01-12-2017, 12:50 PM #10
- Join Date
- Jul 2015
- Posts
- 1,202
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