Commonly 6 to 15 depending on the funder, the paper grade and whether the deal is direct or split with an ISO. On a $62,000 average funded deal at 10 points that is $6,200 gross, roughly halved on a split.
Full guide
MCA broker economics: what a funded deal is actually worthHow commissions work, what a deal is worth, and the maths behind a lead budget.
Related terms
Cost per funded deal
Total acquisition spend divided by the number of deals that actually funded from it.
ISO
A firm that sources merchants and places their files with funders, earning points on funded volume without deploying its own capital.
Syndication
Multiple parties each funding a portion of the same advance and sharing the returns and the risk proportionally.
Buy rate
The factor rate a funder offers a broker, before the broker adds their own margin.
Clawback
A funder recovering commission already paid, typically when a merchant defaults early in the term.
Broker agreement
The contract between a broker or ISO and a funder governing submissions, commission and conduct.