The cheapest deal a broker writes — no acquisition cost, faster close, and better underwriting because the funder has real repayment behaviour rather than an inference from statements.
Full guide
Renewals: the deals most brokers leave on the tableThe most profitable deal in your book is one you already funded.
Related terms
Position
An individual outstanding advance against a merchant, counted in order — first position, second position, and so on.
Points
The broker or ISO commission on a funded advance, expressed as a percentage of the funded amount.
Pipeline
The set of merchants a broker is working, grouped by stage from first contact through to funded.