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09-12-2017, 09:31 PM #1
Reputation points: 10
- Join Date
- Sep 2017
- Posts
- 3
Juicebar/Coffee shop with low bank deposits but verifiable sales through square
Helping my cousin who owns a small juicebar/coffee shop in NY ( i use to work in cash advance but no longer in industry ).
Banks only show 5k deposit/ month since its mainly cash based but square statements will show he does 15-16k ( older statements show 10-12k deposits before he started paying vendors and landlord mainly in cash )
Credit about 590
30 + deposits / month, no positions, very few negatives ( less than 1 per month avg)
Hes looking to buy equipment so anything 5K + is ok. Has to be a decent term/payback.
if someone can make this work, you can keep most of the commission as long as deal is reasonable. just helping out thanksLast edited by Shorty94; 09-12-2017 at 09:37 PM.
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09-12-2017, 10:20 PM #2
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
Mantis?
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09-13-2017, 09:42 AM #3
Reputation points: 3229
- Join Date
- Jul 2017
- Posts
- 105
I'll take a look. I can fund right away for him.
Direct Funder | MCA | Public Companies | Convertible Notes | Hard Money
D. 516-667-6817
paul@coolidgecapital.com
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09-15-2017, 12:26 PM #4
Reputation points: 60
- Join Date
- Sep 2017
- Location
- New Jersey
- Posts
- 6
You can try us, we can see what we are able to offer you cousin.
Wefund Capital
973-705-2896
Anthony@wefundllc.com
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