Portfolio BUYER

There are no upfront fees. We are only paid if we successfully broker the sale of your residual stream or enterprise. When successful, we are paid 3% of the sale price of your residual income for portfolios that earn $10,000/mo or more and 5% for portfolios earning less than $10,000/mo.

The valuation of a portfolio or residual stream depends on many different factors. We have developed a program that allows us to quickly determine the value of a portfolio or residual stream by analyzing the various components that determine the monthly residual. There are a number of metrics that are used to determine the value of a portfolio. Income attrition rate, account attrition rate, length of time the portfolio has been in existence, account concentration, margin earned, and merchant mix are a few of the components that we review. The purchase price is determined by calculating a multiple of the average monthly residual and taking into account the factors described above.

We work with buyers looking for portfolios from all processors.

Your past twelve months complete residual reports and a copy of your current ISO Agreement will provide us with enough information to perform an initial evaluation and present an offer to you.

It usually takes 2-5 business days to perform an analysis and present you with an offer.

Most ISO Agreements afford the Processor a right of first refusal to purchase the portfolio. Upon execution of an Offer, you would present the Offer to the Processor for approval. The Processor has a period of time (usually thirty days), to either approve the offer or purchase the portfolio themselves. If the Processor agrees to the sale, we will continue with our due diligence process and begin to prepare the remaining closing documents.

In very few cases our buyers will perform a lien search and background check on the business and on the principal(s). They will also review the past two years federal tax returns on either/or the business and principal(s). If you have Sales Agents, we will review copies of Agreements between you and the Agents, including any documents outlining potential buyout of the Agent's residuals.

Depends on the buyer, but some closing documents include: an Asset Purchase Agreement, Bill of Sale, Personal Guarantee, and Non-Solicitation Agreement. The remaining document, an Assignment of Residuals Agreement, is usually provided by the ISO/Processor. Once all of those documents are fully executed, Our buyer will wire the funds to your designated bank account.

Each transaction is different, however, most transaction are closed within thirty days of approval from the ISO/Processor. We have closed transactions in as few as ten days and have had others take two months. It all depends on the characteristics of the deal.

Most of our buyers have an existing relationship with your processor. Your merchants will definitely remain on the same processing platform and with the same ISO/Processor.

There are no upfront fees. We are only paid if we successfully broker the sale of your residual stream or enterprise. When successful, we are paid 3% for portfolios generating $10,000 or greater and 5% for portfolios making less than $10,000.