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Will ISOs (non-direct lenders) need to register?

Thanks for the kind words @Christopher Yates !! I just like keeping up on the industry and everything going on to move it forward. This Stripe offer helps to understand how the biggest players operate. Stripe only charges the one time fee, nothing else, as Ive fully explored their process. Its technically a loan and not sure how they make it that way legally since it works almost exactly like a CC split advance. One other tidbit I found out is that this offer was higher than their current loan by about 6k and FEE (factor) was 3.9% lower. So their rate dropped 3.9% since the last deal they took in July 2024.

Their application looks elementary compared to the CA process I had to go through to get licensed so I will go ahead and register.

Thank you!

Ha well never trying to tease as Stripe has never had a broker channel

Funder Intel Reception Registration Only January 16th, 2025

Happy New Year Rahiem!!! Our standard is 50k in monthly receivables but what do you have???

Good thoughts. It definitely is real, Ive seen them before too. You are right, they have everything needed to offer low cost of capital deals with a large financial backing theyve built up. Im not sure it goes through any other banks immediately but they probably sell portfolios on the backend.

thank you,

I shared it with a Whatsapp group but no info yet