[Yankeeman07]

"since our Broker Agreement will prohibit those actions."

You are dealing with Independent Brokers - maybe if they were an "Employee" you could enforce a "Non-Compete"

The Merchant is not married to the broker or the funding company - nor is the Independent Broker married to you.

[cruisinman]

"since our Broker Agreement will prohibit those actions."

You are dealing with Independent Brokers - maybe if they were an "Employee" you could enforce a "Non-Compete"

The Merchant is not married to the broker or the funding company - nor is the Independent Broker married to you.

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

[Bcooper]

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

you wont even know they did it they will use an alias and backdoor tf out of you

[cruisinman]

you wont even know they did it they will use an alias and backdoor tf out of you

Since we will have direct contact with the Merchant - we will know in most instances if we were bypassed and by whom. I'm sure we won't catch them all - but enough to make it known that we have eyes . . .

[SmartAdvanced]

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

How will you handle?

[cruisinman]

How will you handle?

Our Broker Agreement(s) are written by Lawyers to defend against Lawyers . . .

In the past - the Cease & Desist cases and Retribution Arbitration cases we filed, we were unsuccessful only once and that was because we couldn't produce the signed documents.

[SmartAdvanced]

Our Broker Agreement(s) are written by Lawyers to defend against Lawyers . . .

In the past - the Cease & Desist cases and Retribution Arbitration cases we filed, we were unsuccessful only once and that was because we couldn't produce the signed documents.

Have you had any success with your SIGNED documents? (Assuming you have any..)
If yes, what type of success? Perhaps can you show us a case with a pending or final ruling?

Oh oops. I think I pressed an invalid button. **** . My bad

[Yankeeman07]

Not our first rodeo in the world of Non-Competes and Non-Solicitations.

We will handle those that willingly break the Agreement that they legally and knowingly signed.

I know of several Lawyers that make a good living fighting so-called "Non-Competes"

BTW - I bring a merchant to the table - secure the funding (You write the check) - who's customer is it.

Mine or Yours?

IMO - Technically, neither - the merchant can choose to do business with whoever he/she wants.

So we are fighting over what?

[cruisinman]

I know of several Lawyers that make a good living fighting so-called "Non-Competes"

BTW - I bring a merchant to the table - secure the funding (You write the check) - who's customer is it.

Mine or Yours?

IMO - Technically, neither - the merchant can choose to do business with whoever he/she wants.

So we are fighting over what?

If you bring the Merchant to the table while being part of our Network then that Merchant can't be serviced by that Broker or any 3rd party relationships of that Broker for a period of 2 years after the Broker Agreement is terminated.

That is how it is written up. Will it stand up in Court? In most cases it doesn't even go to Court because of the expense the Broker would have to incur to defend themselves.

Within the Network, we have a vested interest in that Broker and their production since we provided the training, the support and in some cases the "lead" that got the Merchant into the fold.

We don't care if the Broker leaves to do their own thing. They just can't take Merchants or other Brokers with them for 2 years after termination.

[cruisinman]

well its specifically stated in many ISO agreements that the relationship is the funders, so technically its theirs in those agreements. been that way for years

ISO's need to negotiate that clause out of their Agreements. Unless the Funder is supplying the leads to the ISO that led to the Deal(s).

[Bcooper]

ISO's need to negotiate that clause out of their Agreements. Unless the Funder is supplying the leads to the ISO that led to the Deal(s).

you really have no idea how this industry works

[cruisinman]

you really have no idea how this industry works

Precisely why we will be disrupters . . .

Legal Agreements are Legal Agreements. Doesn't matter what "Industry" it is . . .

[Bcooper]

Precisely why we will be disrupters . . .

Legal Agreements are Legal Agreements. Doesn't matter what "Industry" it is . . .

the only thing you will be disrupting is your retirement. this industry doesnt work in person, we tried to warn you

[cruisinman]

lol no Funder is gonna red-line their ISO agreement for you, or any beginner.

You would be surprised . . .

They don't want you to move the deals you bring them.

Then it behooves them to take care of us.

its a referral agreement, not your client. so only weak, desperate funders would agree to take that out of their ISO agreement with you.

Unless the Funder provided the lead for said Client, the Client belongs to our Network and the Broker that brought them in. The Broker, has exclusive rights to said Client, provided that the Broker has an active Agreement with our Network and they are in good standing.

. . . knowing their deals are put in jeopardy given your lack of knowledge . . .

Funding Deals isn't rocket science. Additionally, our inhouse Manager + the Funder ISO Manager should be able to tell prior to funding if the Deal could be jeopardized.

. . . your willingness to already luc 1.49s at 6mths as an mlm biz model . . .

Nothing wrong with 1.49's over 6 months if the Client qualifies for it. MLM bix model isn't evil. It allows Brokers to leverage their time and resources to create additional income.

. . . and overall motor mouth without action.

LOL - you haven't a clue what actions we will be capable of Josh . . .

You seem to be just another keyboard warrior like Bcooper.