15k active processing merchants.
Need a Funder or Vendor? START HERE

Results 1 to 21 of 21

Hybrid View

  1. #1
    We definitely do not want to create any kind of negative energy with any of our sales reps. I think we should pay them. Atleast half of what they should have got paid if they were to close the deal themselves or maybe a bonus per account, even if they are not involved with the deal. Since the agent made it possible by bringing in the merchant from the get go. We will compensate. Hopefully this will drive our sales team even more to get more deals flowing. I will announce the new Schedule A. for our new program mentioning the commission will be based on involvement of the deal. Sounds like a plan. Once our sales team members sees their neighbors making twice more or 3 or 4 times more selling business loans on top. This will create the positive domino effect i am planning for. Thanks for the information.

  2. #2
    Sponsor Reputation points: 126 freddy's Avatar
    Join Date
    Jan 2014
    Location
    New York
    Posts
    74

    Why would anyone in sales not compensate one of their ISO's is beyond me. We compensate our ISO's for renewals even if they were not involved in the renewal process.
    When it comes to our ISO partners - they are just that, our partners.

    Freddy@bccfund.com
    Freddy Zalta
    President
    Cash Crunch Advance, LLC
    Direct 1-888-275-1090
    freddy@cashcrunchadvance.com

  3. #3
    Senior Member Reputation points: 10944
    Join Date
    Oct 2013
    Location
    New York, NY
    Posts
    1,203

    Quote Originally Posted by LoanShark714 View Post
    We definitely do not want to create any kind of negative energy with any of our sales reps. I think we should pay them. Atleast half of what they should have got paid if they were to close the deal themselves or maybe a bonus per account, even if they are not involved with the deal. Since the agent made it possible by bringing in the merchant from the get go. We will compensate. Hopefully this will drive our sales team even more to get more deals flowing. I will announce the new Schedule A. for our new program mentioning the commission will be based on involvement of the deal. Sounds like a plan. Once our sales team members sees their neighbors making twice more or 3 or 4 times more selling business loans on top. This will create the positive domino effect i am planning for. Thanks for the information.
    That sounds like a great idea. I would be interested to see how this works out. Please shoot me an email ( amcdonald@yellowstonecapllc.com ) so we can discuss some ideas I think would really help you out.
    Andrew J. McDonald
    Director of ISO Development
    Yellowstone Capital LLC
    1 Evertrust Plaza
    Suite 1401
    Jersey city, NJ 07302
    PH - 347.464.0785
    FX - 646.213.1790

Similar Threads

  1. ACH Processing
    By Moe_Abusaad in forum Payment Processing
    Replies: 2
    Last Post: 04-11-2014, 04:12 PM
  2. Replies: 30
    Last Post: 02-27-2014, 04:41 PM
  3. SBA- Why is this not an option for merchants?
    By Quickfunder in forum Merchant Cash Advance
    Replies: 6
    Last Post: 11-22-2013, 09:27 AM
  4. Merchants Bank INc
    By skideeppow in forum Merchant Cash Advance
    Replies: 0
    Last Post: 09-18-2013, 03:48 PM
  5. DRP MCA/Loan Processing Discussion
    By nwarshaw in forum Merchant Cash Advance
    Replies: 21
    Last Post: 07-31-2013, 04:31 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY