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  1. #1
    Senior Member Reputation points: 86941
    Join Date
    Feb 2018
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    1,349

    nobody owns the book of business unless that is specifically in the contract you signed with a funder. most iso agreements state the opposite. as for w2s, nobody will own anything the day they get chopped its at will unless again, you built that into your employment contract which would be very rare a co would accept those terms. there are iso agreements that literally state that if you don't fund within 90 days, all of your book is gone.

  2. #2
    Karen37a
    Guest
    Quote Originally Posted by fundingsmbs View Post
    nobody owns the book of business unless that is specifically in the contract you signed with a funder. most iso agreements state the opposite. as for w2s, nobody will own anything the day they get chopped its at will unless again, you built that into your employment contract which would be very rare a co would accept those terms. there are iso agreements that literally state that if you don't fund within 90 days, all of your book is gone.
    The funders own it ...but guess what

    30% of the Top Isos believe they own them and are "placing the deals" with someone

    And when you make a move on them...they are going to go out the door with the book of buskness and sometimes take the staff

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