Merchant Cash Group is committed to not only pleasing its merchants but also pleasing its ISOs and sales agents through proven pay-for-performance incentives. We pay what we say with no caveats. Our funding programs and commissions are attractive for agents who understand and who are committed to selling our product. With two funding programs, Fast Funding and Traditional, MCG boasts excellent merchant appeal as well.
Our starter program, Fast Funding, has been established to service the funding needs of merchants who do not qualify for traditional merchant cash programs, and to provide an outlet for agents’ declined paper. Almost every merchant who is processing at least $4,000 qualifies for Fast Funding since we allow liens and judgments, and FICO scores sub 550. Funding amounts range from $2,000 to $10,000 and the merchant receives the funds in as little as 48 hours from submission. Our agents love this product because everything really does happen fast. Fast approvals, fast funding, and fast renewals. All of this means that you also earn commissions fast and frequently. A typical starter advance gets funded 6 to 8 times a year and that equals more renewal commissions for our agents. Commissions are paid the same day the merchant is funded and agents keep 100% of the processing residuals.
Now on to the best part of this post. To boost commissions even further, for the month of July only, Merchant Cash Group is offering a special commission structure for all deals submitted during this month and deal incentives to our top-performing ISOs. Here are the details:
1. For all Fast Funding deals that are submitted and funded in the month of July, you will receive an upfront commission of 10%. Normally, commissions are split between the front-end and the back-end of the advance, but for a limited time you can receive your entire 10% upon funding.
2. For the top-performing ISOs, we are giving three different bonuses. For the ISO who gets the most deals funded (25 deal minimum), we will pay $10,000; the second best performer (15 deal minimum) will receive $5,000; and the third best performer (10 deal minimum) will receive $2,500.
If you have not yet signed up to be a sales partner for MCG and would like to, you can be set up within 24 hours by sending an email to andrewr@merchantcashgroup.com or by calling Andy Roberts at 1-866-610-6569 ext 45 to request an agent packet. Andy is our Business Partnership Developer and he is more than willing to provide agents with all of the tools they need, including sales training in a variety of forms, to be a successful extension of MCG.
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