We have a merchant who needs $150k-$200k. We don't have any experience in brokering and would like to take this opportunity to build our first relationship with one of big players in the market (Ondeck, RapidAdvance, Can Capital, Fora, or BFS). What factor rate I can expect for this merchant?

1) Industry: Restaurant (3 locations in So.Cal)
2) Annual sales (2017): $6 million (combined)
3) Credit Score: 683 (when we pulled in Jan.2018)
4) Bank statement (past 3 months): avg. balance $10,000, 2 NSF in past 3 months
5) Position: 1st - Wells Fargo (Balance: $120k), and we are currently in 2nd (Balance: $17k; 6 weekly payments left - $2906.25); never defaulted
6) 100% owned by one individual

We have them $75k at 1.24 (total payback: $93k) for 32 weeks, and 6 payments are left.

Will it be possible that we can get close to what we have with this merchant and have 5-6% commission built in? I think we already gave them a good rate earlier this year and have no room for commission at this rate.

Merchant is ok to payoff our balance early if they would secure $200k. I know there are A LOT of funders who can take this merchant, but I'm more wanting to see options from big players where we can open and establish our first very good ISO relationship.

Any idea/comments would be very appreciated.