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  1. #1

    Cool Looking for a lender that funds Law Firms with weeky payments? Good banks

    Deposits over 1.2MM annually...

    Minimum balances last 5 months:
    $122,686.00
    $92,690.00
    $52,792.00
    $43,230.00
    $17,695.00 (may 2017)


    ISSUES:
    Low Deposits...from 5-13 per month.

    Minimal Corporation issues however a blanket UCC should cover it.

  2. #2
    Senior Member Reputation points: 5479
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    Good Banks: those Revs are on a decline

  3. #3
    The revenue is up and down through-out the year depending on which cases are settled and closed....

    $320,694.29 Jan 2017
    $17,677.95
    $83,236.53
    $103,275.83
    $41,750.00 May 2017

  4. #4
    The original was the MINIMUM Balance in the account. Not the revenue.

  5. #5

  6. #6
    Member Reputation points: 1135 Cambridge's Avatar
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    United States
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    Quote Originally Posted by CashCat View Post
    Deposits over 1.2MM annually...

    Minimum balances last 5 months:
    $122,686.00
    $92,690.00
    $52,792.00
    $43,230.00
    $17,695.00 (may 2017)


    ISSUES:
    Low Deposits...from 5-13 per month.

    Minimal Corporation issues however a blanket UCC should cover it.

    Michael, if you're looking for a MCA, Business Backer would eat that up if the corporate issues aren't too dirty. And will offer a weekly payment.

    BFS will compete for it also.

  7. #7
    Senior Member Reputation points: 5479
    Join Date
    Apr 2017
    Location
    Dallas
    Posts
    183

    right on
    hope you got that deal done

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