[aak723]

Apocryphal story about Albert Einstein, whether it happened to not makes a good point:

One day, Dr. Einstein wrong on the chalkboard:

9x1 = 9
9 x2 = 18
9 x 3 = 27
9 x 4 = 36
9 x 5 = 45
9 x 6 = 54
9 x 7 = 63
9 x 8 = 72
9 x 9 = 81
9x10 = 91

In class they mocked him and made fun of him because he had made a mistake, as the correct answer for 9 x10 is 90.

Albert Einstein waited for everyone to shut up and said: "Despite me answering the first 9 questions correctly, no one congratulated me. Instead, when I got one wrong, everyone started laughing. This means that despite being very successful, society will only notice the smallest mistake and make fun of it. Don't let simple criticism destroy your dreams."

Simple criticism? Are you seriously taking the side of a funder who is refusing to pay commissions? WTH?

[ryan $]

Simple criticism? Are you seriously taking the side of a funder who is refusing to pay commissions? WTH?

What your failing to see, is we are not refusing to pay anything.
We have to receive commission to pay it out.
We have not received it. It's just that simple.

[aak723]

What your failing to see, is we are not refusing to pay anything.
We have to receive commission to pay it out.
We have not received it. It's just that simple.

This is also completely crap. It's not just one deal. You owe us on multiple deals.

Here is a DM I received from yet another ISO who is owed $7K:

"I don't know if we are going to get paid.

I feel their is additional run-around coming.

I am out 7k and I need to make my payments this week and it's being delayed again.

Who is suing? "

In other words, there are other ISOs that are not being paid commissions. Ryan can talk and post here all day long but the reality is that SBL funding isn't paying on multiple deals.

[Adam2326]

What your failing to see, is we are not refusing to pay anything.
We have to receive commission to pay it out.
We have not received it. It's just that simple.

To this, I do want to ask if you have made any attempt to straighten that out with Splash? I know we viewed their account and saw the payment leave without issue & we were awaiting verification that it did not arrive in the SBL account and if that is the case get things cleared up with them. Splash was extremely helpful and willing to do whatever needs to be done to straighten the issue out. But we would need to make some progress on that front if the issue with that deal is missing compensation.

[ryan $]

To this, I do want to ask if you have made any attempt to straighten that out with Splash? I know we viewed their account and saw the payment leave without issue & we were awaiting verification that it did not arrive in the SBL account and if that is the case get things cleared up with them. Splash was extremely helpful and willing to do whatever needs to be done to straighten the issue out. But we would need to make some progress on that front if the issue with that deal is missing compensation.

Other than the MTD, as mentioned, I don't have the actual Statement in my hand to make a case. You will know when I do, and will have iit shortly after.

And you will be paid, when we are paid.

We got paid this morning for a deal that lowered payments 2 months ago out of the gate. Not 15 Minutes later Adam was paid.

[Adam2326]

Other than the MTD, as mentioned, I don't have the actual Statement in my hand to make a case. You will know when I do, and will have iit shortly after.

And you will be paid, when we are paid.

We got paid this morning for a deal that lowered payments 2 months ago out of the gate. Not 15 Minutes later Adam was paid.

Keep me posted on the statement, like we've discussed if there has legitimately been no payment from Splash they've already expressed willingness to fix the problem. But a new element to the issue is the time lapse between their payment being sent and resolution... We coming to a point where the bank won't be able to do anything to resolve an issue IF the payment went to the wrong account etc...

Yes we did just receive a payment from SBL on a deal that went sideways immediately after funding. We have 3 of these situations total, this being the 1st of the 3 to take place so we are hopeful all of them will be resolved in the same fashion.

[aak723]

Other than the MTD, as mentioned, I don't have the actual Statement in my hand to make a case. You will know when I do, and will have iit shortly after.

And you will be paid, when we are paid.

We got paid this morning for a deal that lowered payments 2 months ago out of the gate. Not 15 Minutes later Adam was paid.

A) Adam got paid a few hundred on a tiny deal.

B) You're full of crap. Splash made a payment and they are contending via an online bank login as well as a transaction number the date/time and amount of the payment that left.

All that we've gotten from you is a run-around. And this is yet another example of one. You're telling me being this affluent funder in this space you can't manufacture a MTD? You can't use trace numbers to identify the payment? Where is the bank correspondence? Where is the email between splash AP and yourself showing that this payment was bounced?

You're skirting the blame (like youve done for 35 days now) on Splash.

If you're an ISO reading this...Deal with this guy at your own risk. I've received several other DMs from other ISOs who are in the same situation. I suppose you haven't been paid on those guys either?