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  1. #1
    Senior Member Reputation points: 68233
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    Quote Originally Posted by johndough17 View Post
    What kind of lawyer would you need to get to be able to have make the right documents to protect yourself with the merchant (to not go around you)?

    I know a couple of bankers (branch managers) i have good relationships with that have solicited me to do business sometimes (send them a paper stuff).

    How much can you charge on a fee?

    Depends on the size of the transaction (what to charge). If it is less than 100k we have charged as much as 5%- but typically 2-3 is the rule. As for your agreement: what we do is have them agree to an ACH pull immediately after they are funded- with a voided check. Your relationship with the banker will let you know when it funds.

  2. #2
    Senior Member Reputation points: 11170
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    Quote Originally Posted by RichardGerard View Post
    Depends on the size of the transaction (what to charge). If it is less than 100k we have charged as much as 5%- but typically 2-3 is the rule. As for your agreement: what we do is have them agree to an ACH pull immediately after they are funded- with a voided check. Your relationship with the banker will let you know when it funds.
    What happens when they block your fee?

    Does the agreement have any guarantee of you getting paid?

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