A new advance to a merchant who already has repayment history with the funder, usually once a meaningful share of the existing advance is repaid.
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.
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.
We will tell you straight up if we cannot help you. No commission deals, no free trials, no chasing you for three weeks.