Results 1 to 25 of 91
Hybrid View
-
10-16-2017, 03:40 PM #1
- Join Date
- Mar 2016
- Posts
- 186
I don't believe there is any issue in co-brokering a deal. Fact is we monetize a nice amount of dead files for our ISO's . The ISO that got paid (and we know he got paid) works very close with Syd. He's not stiffing him. If Syd pays Mikem, Mikem pays Fundor, it's really that simple. We are not MCA scum. We don't think that having a few people on a deal means those people shouldn't get paid. We've done it for tougher deals many times successfully.
-
10-16-2017, 04:48 PM #2
- Join Date
- Aug 2016
- Posts
- 831
[QUOTE=mikem;80864]I don't believe there is any issue in co-brokering a deal. Fact is we monetize a nice amount of dead files for our ISO's . The ISO that got paid (and we know he got paid) works very close with Syd. He's not stiffing him. If Syd pays Mikem, Mikem pays Fundor, it's really that simple. We are not MCA scum. We don't think that having a few people on a deal means those people shouldn't get paid. We've done it for tougher deals many times successfully.[/QUO
I do not think there is any issue in co brokering with an iso that is better connected. I have used someone on this forum to help do a land deal which i knew nothing about.
case that will be OK is fundor sends to mikem who funds it with lender. Lender pays mikem who takes a cut and then pays fundor.
case that happened and is BAD is fundor sends to mikem who sends to syd who sends to another iso who then funds it with a lender. Chances are that since the middle iso had no clue they were sending it to other iso, they sent it all out to a bunch of people also.
Please tell me the one who funded the high risk deal was yellowstone ,knight ,mantis or some other well known funder. I will not be able to stop laughing for days.
Similar Threads
-
Micro ACH deals
By mca123 in forum Merchant Cash AdvanceReplies: 8Last Post: 01-13-2020, 05:22 PM -
Consumer Micro Lender Seeking Capital
By holdinghand in forum Deal BinReplies: 3Last Post: 06-30-2016, 02:56 PM -
Anyone doing micro deals at $5k per month??
By Increment1 in forum Deal BinReplies: 6Last Post: 09-08-2015, 10:43 PM -
Micro advance
By Americas Business Capital in forum PromotionsReplies: 0Last Post: 04-01-2015, 02:53 PM -
Micro-File-Program -10% Commissions-
By mcaguru in forum Merchant Cash AdvanceReplies: 0Last Post: 02-04-2015, 07:12 PM