New kid on the block
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  1. #1
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    New kid on the block

    Hi I am looking for information on good lead vendors and lenders that would help a start up iso

    I am sick of making a % of the commission, I want to make Direct Commissions!!

  2. #2
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    welcome, some good info here. make sure you sign up directly with funders so you can get direct commish .

  3. #3
    Banned Reputation points: 7556 cmarks's Avatar
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    Quote Originally Posted by Jpren View Post
    Hi I am looking for information on good lead vendors and lenders that would help a start up iso

    I am sick of making a % of the commission, I want to make Direct Commissions!!
    This is what happens to many brokers after they learn the game. Good luck!

  4. #4
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    Quote Originally Posted by Jpren View Post
    Hi I am looking for information on good lead vendors and lenders that would help a start up iso

    I am sick of making a % of the commission, I want to make Direct Commissions!!
    Mantis is not a lender --However we have a Funding Product and offer ISO's extremely fast offers followed by the ability to fund same day as the submission and we pay a strong Double Digit Commission and have a solid Renewal-Lock-Policy

    FYI -- within no time a newbie is as relevant as a dinosaur in the funding space and ill tell you why..... (with my famous ketchup metaphor) if you go to supermarket you'll see Heinz and Hunts Ketchup and that's pretty much it! however go to the energy drink section and or the soymilk section (same with Humus) and you'll have more to choose then you would imagine ...why ? when no one has the market-share (as in non household name) there is Hugh opportunity for a small player to get plucked off the shelves (vs a new ketchup player!) same with Alternative business funding no one has a household name (even ONDECK/Rapid/National is not known to many--try ask your local dry-cleaners) so when you start pitching to merchants you got the same edge over anyone else doing this for a long time !!
    Last edited by mcaguru; 09-20-2019 at 11:35 AM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  5. #5
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    Quote Originally Posted by Jpren View Post
    Hi I am looking for information on good lead vendors and lenders that would help a start up iso

    I am sick of making a % of the commission, I want to make Direct Commissions!!
    and now you learn that some reps make more than the owner with how high good leads cost . If you were just callling ucc than you just call meridan buy a list and have fun.

  6. #6
    Senior Member Reputation points: 48369 stackcity_4208's Avatar
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    Quote Originally Posted by Jpren View Post
    Hi I am looking for information on good lead vendors and lenders that would help a start up iso

    I am sick of making a % of the commission, I want to make Direct Commissions!!
    Welcome to DF


  7. #7
    Senior Member Reputation points: 3706
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    We are a direct funder and I would be happy to help you.
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  8. #8
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    Thanks for the advise :-)

  9. #9
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    Quote Originally Posted by cmarks View Post
    This is what happens to many brokers after they learn the game. Good luck!
    Thanks I appreciate the vote of confidence!

  10. #10
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    Quote Originally Posted by stackcity_4208 View Post
    Welcome to DF

    Thank you!

  11. #11
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    Quote Originally Posted by mcaguru View Post
    Mantis is not a lender --However we have a Funding Product and offer ISO's extremely fast offers followed by the ability to fund same day as the submission and we pay a strong Double Digit Commission and have a solid Renewal-Lock-Policy

    FYI -- within no time a newbie is as relevant as a dinosaur in the funding space and ill tell you why..... (with my famous ketchup metaphor) if you go to supermarket you'll see Heinz and Hunts Ketchup and that's pretty much it! however go to the energy drink section and or the soymilk section (same with Humus) and you'll have more to choose then you would imagine ...why ? when no one has the market-share (as in non household name) there is Hugh opportunity for a small player to get plucked off the shelves (vs a new ketchup player!) same with Alternative business funding no one has a household name (even ONDECK/Rapid/National is not known to many--try ask your local dry-cleaners) so when you start pitching to merchants you got the same edge over anyone else doing this for a long time !!
    Thank you Marcus, I will definitely take your advise.

  12. #12
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    Quote Originally Posted by Jpren View Post
    Thank you Marcus, I will definitely take your advise.
    you should be compensating him

  13. #13
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    Quote Originally Posted by Jpren View Post
    Hi I am looking for information on good lead vendors and lenders that would help a start up iso

    I am sick of making a % of the commission, I want to make Direct Commissions!!
    whats 100% of 0

    you got no leads, no lenders

  14. #14
    it mostly depends on the quality of your deals... are you direct with merchants or co-brokering?

  15. #15
    Quote Originally Posted by Michael I View Post
    and now you learn that some reps make more than the owner with how high good leads cost . If you were just callling ucc than you just call meridan buy a list and have fun.
    2nd this. It'll be a rough 2 - 4 years unless you have a mentor, and Tai Lopez doesn't count

  16. #16
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    Quote Originally Posted by MadisonParker View Post
    2nd this. It'll be a rough 2 - 4 years unless you have a mentor, and Tai Lopez doesn't count
    Lol Tai Lopez don't count - best line ever. love it!
    Eli S.
    FOx Business Funding
    Iso manager
    347. 562. 8796
    elis@foxbusinessfunding.com


  17. #17
    Senior Member Reputation points: 8875 Enablement Data's Avatar
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    Quote Originally Posted by Jpren View Post
    Hi I am looking for information on good lead vendors and lenders that would help a start up iso

    I am sick of making a % of the commission, I want to make Direct Commissions!!
    Welcome!!!

    I recommend trying a few lead providers out there, find one that you are comfortable with and never stick to just one lead provider. Try pop crumbs or meridian. Check out our site if you have a chance we give out a free suppression list! Wish you the best of luck!
    DataOps
    Enablementdata.com
    DataOps@enablementdata.com
    433 Broadway
    New York, NY 10013

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