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11-07-2018, 12:28 PM #1
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- Jan 2014
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- 1,366
on the commission side to you its peanuts. you have to hope merchant stays factoring to make money if not you make few hundred bucks a month only and if its to you directly it helps but if its to your company and you get a percentage of that its even smaller. Issue im having trying to get our reps to utilize this program when speaking to merchants. For merchant it could be best option but for reps to actually make money its not the easiest thing. Reach out to either Kevin who responded to you i've worked with both and both are stand up guys that know their stuff.
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11-07-2018, 01:48 PM #2
- Join Date
- Mar 2017
- Posts
- 37
Kevin Sampson
Capital Solutions Bancorp
http://capitalsolutionsbancorp.com
ksampson@capitalsolutionsbancorp.com
706-745-8435 Office
561-436-5883 Cell
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11-07-2018, 03:21 PM #3
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- Jan 2014
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11-07-2018, 03:38 PM #4
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- Aug 2017
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- 404
Sachip,
My question to you is:
How would a typical deal like this close?
Assuming everything checks out and they advance up to 500K and pay off the 300K in MCA's. - the setup fees and application fees are less than 6k according to the proposal. Will the client receive the 200K remaining in one shot,or do they fund invoice by invoice into different increments?Last edited by Mynameisbob; 11-07-2018 at 03:45 PM.
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