[closer129]

I'm not familiar with this funder but when you do a CC split deal, it does require the merchant to switch processors, that's how the deal gets paid back and killing deals just prior to funding is nothing new in this industry, so one deal that they couldn't fund shouldn't be a reason to say "never again" to a funder or you might eventually run out of funders!

Thank you for the comment. We do not always need to switch the processing over. We can try to do a lockbox but if a file is so risky we do want that to be a condition of the funding. We try not to let things kill a file at the end which most times they do not but once in awhile it does happen especially if the merchant is not honest with the broker and honest with us.

[Chambo]

Thank you for the comment. We do not always need to switch the processing over. We can try to do a lockbox but if a file is so risky we do want that to be a condition of the funding. We try not to let things kill a file at the end which most times they do not but once in awhile it does happen especially if the merchant is not honest with the broker and honest with us.

Did you offer to switch the merchant back free of charge?

[closer129]

Did you offer to switch the merchant back free of charge?

There are no fees to switch back. I do not know what file that person is talking about or who that person is.