Quote Originally Posted by fundingsmbs View Post
why not do hard offers upfront? i mean an offer isn't an offer unless its a hard offer. i guess you would have to see how many deals get killed or revised contracts in to see if that model works for you
Yeah, good luck getting every ISO to submit a complete MTD with every submission. I personally would love if they did as I waste a lot of time on files that the ISO or merchant conveniently leaves out that they haven't made any deposits (or extremely low $), were negative the entire time, or just got funding in the MTD. Even then, bank login is still necessary as they could be funded just after sending you the MTD. It's also time-and-cost-intensive to conduct a complete, thorough TLO and background search into them and all the related entities when most approvals don't convert into fundings.