3 Commitments We Make to All ISO Partners
The ISO/direct funder relationship can be a tricky thing, right?
As an ISO, you always have to be careful that your funding partners aren’t trying to sneak things by you. We know it’s exhausting to be on guard all the time, and we know how difficult it can be to find a direct funder you really trust. That’s why our business model is built around doing right by our ISOs.
Here are 3 commitments we make to all active and potential partners:
1. We will never shop out your deals.
We know it stings when your “partner” steals your deals. It’s never fun being deceived or taken advantage of – especially by someone who is supposed to be on your side. To prevent backdooring, we take 4 actionable steps and encourage our partners to take 3 steps of their own.
2. We pay renewal commission based on the full disbursement.
We pay our renewal commission on the full repayment amount before paying off the existing balance. More information on this in our Direct Funder Comparison Report (scroll down to the table on this webpage).
3. We are dedicated to transparency, speed, and accuracy.
Our ISOs have full underwriter access and a dedicated business development contact. We keep our partners updated on our COVID-related changes, and all offers are presented on a detailed offer sheet that outlines all of our terms and stips with explanations. We want to arm you with as much information and as many resources as we can. You can count on us to reply quickly, efficiently, and with full transparency. We know partnerships can’t flourish without these three ideals in place.
We want to do right by you, and we want to do right by your merchants. ISOs should never have to question their funding partners’ honesty and loyalty— it should just be a given.
At Elevate Funding, transparency and honesty are at the core of what we do. We succeed when our partners succeed, and we strive to be an honest and considerate funding partner at all times, in all scenarios.
If you are interested in partnership and wish to speak to someone now, please call us at 888-382-3945 or click here to send us an inquiry. One of our teammates will get back to you as soon as they are available.
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